Tag: Supply Chain Planning

Analytics | Machine Learning
Charlie Chase 0
How life science and health care supply chains can adapt to disruption

Robert Handfield, PhD, is a distinguished professor of Supply Chain Management at North Carolina State University and Director of the Supply Chain Resource Cooperative. In an episode of the Health Pulse Podcast, Handfield gave his views regarding the challenges health care and life science companies have encountered over the past two years

Advanced Analytics | Analytics | Customer Intelligence
Scott Nalick 0
When everything is analytics, nothing is analytics...?

The widespread adoption of the term "analytics" reminds me of the evolution of the term "supply chain management." Initially the term focused on supply chain planning. It involved demand and supply balancing and the heuristics and optimization tools that came out of advanced planning and scheduling. Over time practically everything was included

Bob Davis 0
What do golf and supply chains have in common?

On a recent CBS Sunday Morning episode Dr. Phil McGraw of “Dr. Phil” fame was featured. During the segment he talked about shifting his focus from golf to tennis. To paraphrase, he said golf drove him crazy because he couldn’t bear down, run faster, sweat harder and be better. I

Nilmadhab Mandal 0
Data massaging adds error, just forecast!

In a recent meeting, the CIO of a leading commercial automotive company’s shared his experience of high complexity in managing forecasting data. I was not surprised. Often demand planners complain about managing forecasting data. I can relate to where there are coming from. It’s due to the approach prescribed by their legacy

Charlie Chase 0
You can no longer hide behind MAPE!

There are four key areas that require continuous investment in order to become demand-driven: people, process, analytics, and technology. However the intent of your demand forecasting process along with business interdependencies need to be horizontally aligned in order to  gain sustainable adoption.  Adoption alone doesn't necessarily mean it will be sustainable.       As