Welcome back to the market driven journey in supply chain management! The three earlier articles of this short series contained: The typical road to market driven forecasting – where companies go through three different levels of maturity before moving to being market driven Market driven forecasting – and the changes
Intuitively being demand driven indicates having a pull-based manufacturing system customer orders trigger sourcing and production activities. However – it is rarely the case, that this is possible – due to the long lead time this would cause. This article will point out the requirements to a market driven supply
Disruptive innovation—the big changes in an industry or sector that occur when someone or something turns the whole business model on its head—have huge implications. Big data is likely to be one of those disruptors. So are your big data skills disruption-ready? These following aspects will guide you to verify
Machine learning has been around for a while, with the earliest techniques developed in the 1950s. It is currently enjoying a particularly high profile, thanks to a whole range of possible applications from self-driving cars through to Go-playing computers. But what exactly is it? I’ve just finished diving into Josefin
Cognitive computing evokes images of science fiction and endless possibilities that are in the distant future. However, a recent survey of banking executives suggests that 89% of those familiar with the concept thought that it would be very disruptive to the banking industry, and 79% thought it would be critical to the future of
The traditional business of a Telecom Operator used to be an extremely profitable one with steady growth rates. But now it has been exposed to a wind of change for some time and looking at the graphics below of predictions for services (based on data from STL Partners analysis) taken from
If you are involved in Analytics, you already know that there are some key areas to be aware of in order to achieve results. Over the last year and a half I’ve found that some of those things make Sports a really intriguing and exciting, not to say the ultimate
The auto insurance industry is facing an unprecedented number of challenges brought on by heavy price competition and increased claims costs. To counter this, the industry is now turning to new clever ways of using advanced analytics in order to be more competitive, and be able to better assess risk
International Fraud Week is here! We at SAS have marked the International Fraud Week by going on a Nordic road show throughout this month discussing Risk Based Controls in Government. And it is really a pleasure to be involved with these seminars. A living debate between speakers and participants on various aspects
This is the second post of a series about the market driven journey to demand driven forecasting. You can read my first post Supply chain transparency: The market driven journey here. If you are interested to know more about demand driven forecasting and planning taking demand responsiveness to the next level, you can
