Forecasting Demand That Swings With the Weather
Your demand is not random. It is reading the weather forecast Picture a weekly supply review in late June. Last week a heatwave pushed one region above…
Практика закупок, цепей поставок и операционного лидерства
Articles on procurement and supply chain management in English.
Your demand is not random. It is reading the weather forecast Picture a weekly supply review in late June. Last week a heatwave pushed one region above…
What the Model Was Actually Doing Network design optimization is a well-specified mathematical problem. In its standard form, it's a Mixed Integer Linear…
The Two Errors Nobody Prices Every procurement decision under demand uncertainty involves two possible mistakes. Underage: you ordered less than demand.…
The Problem With Optimizing One Variable Supply chain design, at its core, is a minimization problem. The total cost of operating a supply chain network…
Before We Talk About Routes, We Need to Talk About the System Most conversations about route optimization jump straight to the algorithm: VRP, Clarke-Wright,…
Most managers intuitively believe that reviewing inventory less frequently saves time and cost. Mathematically, it does the opposite — and the delta compounds…
A few weeks ago I finished Chris Miller's Chip War . Then, almost immediately, picked up The Thinking Machine . Reading them back to back does something…
For thirty years, the prescription for fixing a procurement function has remained remarkably consistent. Centralize spend. Implement category management.…
Over the past decade, Asia Pacific has produced some of the most structurally aggressive franchise expansions in the history of food service. And when…
Most procurement teams think they're managing risk. They're not. Here's what we found. Last year we launched a major transformation of the supply chain…