Fantastic Stochastics – Effectively Planning for Items with Intermittent Demand

Fantastic Stochastics – Effectively Planning for Items with Intermittent Demand

December 13, 2017
Any demand planner will tell you some of the most difficult items to plan accurately are those that exhibit an intermittent or irregular demand pattern. This type of demand pattern is characteristic of service parts inventory, wholesale distribution and capital goods. Such items are also referred to as slow moving, lumpy or long-tail items.

Phone Call with Santa Claus

December 5, 2017
Recently I got an email from the North Pole saying that Santa Claus wanted to talk with me. I will have to admit that when you get a request from the head of the elves it is not something you want to ignore.

Sense, Analyze and Respond – The Supply Chain Automation Journey

October 24, 2017
I recently moved to Arizona and traded my lawnmower and snow-shovels for a salt-water pool. I think you might agree this was a very favorable trade. This is the first time I have owned a pool and it has taken some time to understand how to sense, analyze, and respond to changing water chemistry to ensure the optimal pool experience at the lowest total short and long-term operating cost.

The Difference between IO and MEIO

October 19, 2017
Travelling often, I run into a frustrating, yet common, problem--delays due to weather conditions at airports that are not either where I am or where I am going, but instead where the inbound aircraft is from.

Three Critical Supply Chain Capabilities for Private Label Industry Success

October 17, 2017
I generally do not like the shopping experience. I prefer to develop a list of carefully researched products so I can get into and out of a store as fast as possible. However, on a recent trip to a mega grocery store I started meandering up and down aisles looking at the variety of both national and store brand products available for purchase.

Ensuring Reliability in Supply Chain

October 5, 2017
In a recent article in Lube Magazine, "People, Process and Tools - Ensuring Supply Reliability," Ursula Thakkar, head of global supply chain and planning at Infineum notes, "the use of state-of-the art technology solutions coupled with strong processes frees up time for team members to innovate and drive the business forward."

Think Differently

October 3, 2017
Stop for a moment and imagine the supply chain differently. These were Supply Chain Insights’ founder Lora Cecere’s opening remarks at the Supply Chain Insights Global Summit in Atlanta earlier this month. The customer is changing, business is changing, the world is changing. And, so too must the supply chain if we are going to drive increased value and promote customer loyalty and retention.
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