Tools of the Trade: Production Activity Alternative Views – “Starts” and “Outs”
Since the beginning of time, alternate but related views of production have existed: historically called “starts” and “outs”.
5 Key Supply Chain Assessment Benchmarks
If you're looking to improve your supply chain management systems, these quick tips can help you get started.
Building the ROI Case for Demand Planning
Businesses spend a lot of time and money in improving their demand planning. However, the ROI is not always forthcoming. How much is a 1% improvement in forecast accuracy worth to the business?
Part 2: How Natural Language Processing (NLP) Can Benefit the Supply Chain – Internal Unstructured Data
We know how to deal with structured data but working with unstructured data might be a bit more time consuming and challenging. There are multiple solutions that NLP offers to transform your unstructured enterprise data to structured data.
The Wrong Inventory Approach Can Strangle Production Output
Successful management of inventory is a hot topic in supply chain management. While it's easy to measure, the cause may be complicated to uncover.
10 Ways to Buffer Supply Chain Risk
In today’s highly globalized economy, no country can remain isolated or insulated from the outside world. The world is so interconnected that one hiccup can cause a myriad of issues downstream.
The Importance of Product Mix in Capacity Planning
When engaging in capacity planning, it is important to consider the product mix and seasonality of your business to ensure an effective and accurate outcome.
Managing Supply Chain Transformation Beyond IT
Senior leadership engagement, business process analysis, and proper communication ensure a successful supply chain transformation.
Some Good Supply Chain News, For a Change
Despite all the bad news regarding container ships stacked up at ports, pandemic related labor challenges, and chip shortages, there have been a few bright spots regarding the supply chain. The general ideas around vision, technology, and sustainability apply to all of us.
Part 1: How Natural Language Processing (NLP) Can Benefit the Supply Chain
As more and more individuals utilize supply chain software, there is a need to simplify its usage. The next step in evolution can be Natural Language Processing (NLP) where the user expresses a desire in plain language, and the software translates it to queries in the background. This and other use cases such as the automation and analysis of content have made NLP an area of prominent growth.