Businesses and their environment are growing more complex by the minute. Despite the many approaches, stakeholders, and circumstances around it, there is one invariable truth: serving customer demand is the reason for the existence of any firm.Read Article
"Prediction is very difficult, especially if it's about the future" - Niels Bohr and Others
Since predicting the future is not that easy, let’s get started with a statement about the present: We live in the age of information.
Everybody – including planners and business leaders for the case in point – have access to a great volume of information and content on how to better plan the demand and increase the accuracy of the demand forecast. And I am sure that you, reading this, already have read a lot about it.
So, why another blog yet mounting on the existing pages that already cover demand planning? Because “prediction is very difficult, especially if it's about the future”. And predicting the demand is not only difficult, but pivotal for now-a-days demand driven organisations. The demand forecast ripples through the organisation and has major impact in Inventory Planning, Revenue Estimates, Budgets… and this relevance is what pushes heads of supply chain and other decision makers to find new ways to improve their predictions.Read Article
The answer, of course, is “yes”. OK, you are right: it is rather easy to cut down inventory cost!
So, let me rephrase it to answer the question you are really asking: “can I release working capital from my inventory while maintaining my desired customer service level?”
And the answer is still “yes”. Find out in 5 minutes how to keep optimum Safety Stock levels across your distribution network leveraging Anaplan’s unique calculation and collaboration capabilities along with Olivehorse’s unparalleled experience in Supply Chain Planning and Execution.
(6 minute read)
Extract, Load and Transform to get a Single Version of the Truth
Today, most companies find themselves swamped by data and they often struggle to find a comprehensive, solid and reliable set of data that they can trust, and they can use for data-driven decision making.Read Article
There is only one way to go: Forward.
The world is constantly changing, things that we could barely imagine a few years ago have now become part of our daily routines. We take for granted how we use our smartphones, the cloud, and electric cars and many other technological breakthroughs. For example, 10 years ago it would have been hard to believe for some sceptics, that a smartphone could provide enough computing power to run their spreadsheets or provide a wireless connection fast enough to watch video streaming.Read Article