Tag: supply chain management

When I was first getting started in this business a good friend and colleague who knows a thing or two about statistical modelling advised me; “you must understand your demand before you try to fit a statistical model to it”. This advice has served our team well …

When it comes to forecasting strategic acquisitions the need for containment can often result in an organisation’s planning functions not being directly involved in the processes. Initial scoping and feasibility is done at high level, and then project teams dive into risk assessments and due …

Begin with the end in mind. If you are implementing or reinvigorating a forecasting program, it is important to realistically review where forecasting will provide the most benefit and also which benefits will be most quickly realised. Scenario A business I worked with had 7 …

As a SCM solutions provider we understand that there are an infinite number of variables that influence a supply chain’s efficacy. This fact can make identifying the true culprit of a supply chain failure incredibly difficult. In many cases when there is a catastrophic failure …

It is a common time to review how you are tracking to budget and how you see the next twelve months are panning out. Agile businesses using their planning processes to predict what might happen, and prepare the practical action plans, specific to their business. Two recent examples of action plan generation we have been involved in include:– A company running promotions of certain products without giving our …

Where to begin? I was recently asked , in the context of forecasting, “what should a new CEO look at in their first 180 days?” While we are still new to a business, and before we know the given answers for why things are done, …

Charles Darwin noted it is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change. While the eminent Naturalist was observing evolution in the animal kingdom, I submit that this quote …

Whichever way you look at it, there is a dramatic shift underway. The physical world is evolving into an information system that sees day-to-day objects communicating and analysing their own environments. This shift enables the physical world to analyse its own complexity and to respond …

Everyone from supply chain to healthcare is talking about Interoperability, or the ability of information systems to work together within and across organizational boundaries, by enabling different information technology systems, and software applications to communicate, exchange data, and use the information that has been exchanged. …