Excess Inventory Hiding Behind the IO Calculation!
When MOQs, pack sizes, or supplier constraints force your order quantity above EOQ (which is probably most SKUs, most of the time), you’re already carrying more cycle stock than the … Read More
Demand Forecasting, Sales Planning, Big Data Analytics & IBP
When MOQs, pack sizes, or supplier constraints force your order quantity above EOQ (which is probably most SKUs, most of the time), you’re already carrying more cycle stock than the … Read More
When The Shelf Is Empty: Inventory Non-Availability Part 2 of a 3-part series, Decomposing Customer Service Failure In Part 1, we covered Order Inaccuracy issues that drive failure – failures … Read More
๐ ๐ช๐ต๐ฒ๐ป ๐ง๐ต๐ฒ ๐ช๐ฟ๐ผ๐ป๐ด ๐ข๐ฟ๐ฑ๐ฒ๐ฟ ๐๐ฒ๐ฎ๐๐ฒ๐ ๐ง๐ต๐ฒ ๐๐ผ๐ฐ๐ธ: ๐ช๐ต๐ ๐ข๐ฟ๐ฑ๐ฒ๐ฟ ๐๐ป๐ฎ๐ฐ๐ฐ๐๐ฟ๐ฎ๐ฐ๐ ๐๐ ๐ ๐๐ผ๐บ๐บ๐ฒ๐ฟ๐ฐ๐ถ๐ฎ๐น ๐๐ฎ๐ถ๐น๐๐ฟ๐ฒ, ๐ก๐ผ๐ ๐ ๐ฆ๐๐ฝ๐ฝ๐น๐ ๐๐ต๐ฎ๐ถ๐ป ๐ข๐ป๐ฒ! ๐ฃ๐ฎ๐ฟ๐ ๐ญ ๐ผ๐ณ ๐ฎ ๐ฏ-๐ฝ๐ฎ๐ฟ๐ ๐๐ฒ๐ฟ๐ถ๐ฒ๐ โ ๐๐ฒ๐ฐ๐ผ๐บ๐ฝ๐ผ๐๐ถ๐ป๐ด ๐๐๐๐๐ผ๐บ๐ฒ๐ฟ ๐ฆ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ … Read More
Companies at the basic level of demand planning should first implement a basic stat forecasting tool and define a baseline forecast, hire a demand planner and establish a formal monthly process.
Your best volume month could be your most dangerous data point for your forecast model… Volume spikes clearance salesย ย You just sold off your slow moving and dated inventory in a … Read More
IBP Process for Omni-Channel Why Omni-Channel Without an Effective IBP Is Just Expensive Chaos? Most omni-channel operators are managing complexity, not orchestrating it. Demand signals from stores, marketplaces, DTC, and … Read More
In a previous post I had illustrated how Chronos 2 outperformed the standard Box Jenkins and Holt Winters forecasts from Python asย wellย the forecasts from a popular Commercial time series forecasting … Read More
Foundation Model Amazon Chronos on Airline dataย We tested the Chronos Foundation model with just one simple time series data set that is available everywhere – the Airline Passenger traffic … Read More
Fast planning isn’t smart planning. It’s one of those lessons every supply chain team eventually learns โ usually the hard way, in the middle of a constrained quarter when a … Read More
New product forecasting is always a challenge for most organizations. FMCG and Food & Beverage companies, in particular, experience this frequently โ sometimes as often as twice a year. Ironically, … Read More