Supply chain volatility has never been greater

Supply chain volatility has never been greater

Currently, supply chain issues are the most pressing issue facing firms. CFOs and C-suite executives are operating in unprecedented volatility and disruption, unlike anything we have seen since WWII. The sheer scale of the problem is mind-boggling. Transportation costs are up…

How to make greener supply chains

How to make greener supply chains

With the rising risk of climate change, sectors across the global economy need to adapt, and none more so than carbon-intensive supply chains. However, because of the international nature of supply chains, it is difficult for any individual government to…

 How much inventory should my business hold?

 How much inventory should my business hold?

Given the current situation, businesses are reevaluating how much inventory they need to hold. Before the pandemic hit, they thought that they had a good handle on their needs. They could forecast demand quite well. But thanks to the recent…

How rough is your rough-cut capacity planning?

How rough is your rough-cut capacity planning?

Rough cut capacity planning (RCCP) is a technique supply chain companies use to gain insights on the future capacity requirements of their businesses. For instance, they might use it when investing in new plant, equipment, or distribution centres. Or it…

Forecasting – How low should you go?

Forecasting – How low should you go?

Companies need to be able to forecast demand accurately to avoid unnecessary losses. But strangely, there is no hard-and-fast method for doing this. It all depends on the level at which you treat the data. Going High And Low Traditionally,…

KPIs For Forecast Improvement

KPIs For Forecast Improvement

Why do I often hear demand planners’ fear of KPIs? I have seen reluctance in employing KPIs for forecast accuracy over the years for many reasons. Some consider it a stick to beat the planners with. A similar comment I hear…

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