Industry analysts, big-time consultants, and your peers are all talking about technology, digital transformation, and the future of the supply chain. It can seem like a lot of noise given the day-to-day pressure you feel while working to ensure that inventory is on hand and positioned where it is supposed to be. With all you have on your plate, are you aware of the signs that it is time for a change?
The right technology can provide a solution to maintaining optimal supply chain planning, but how can you justify the investment?
There are a number of data analysis “tools of the trade” that have proven effective in exploring data to get it to tell a story. One such method is the first-order difference (FOD). The purpose of this blog is to provide an overview of FOD with respect to profiling demand history.
Learn the importance of advanced optimization for statistics (AOS) even for simple methods such as exponential smoothing and the importance of community intelligence.
The chatter about Artificial Intelligence’s (AI) and its recent companion, machine learning (ML) is ever-present. In a wide range of economic activities, AI/ML methods are now standard practice...