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Jul 21, 2021

supply chain lectures

Blockchains for supply chain - Lecture 4.21

Cryptocurrencies have attracted a lot of attention. Fortunes were made. Fortunes were lost. Pyramid schemes were rampant. From a corporate perspective, the “blockchain” is the polite euphemism used to introduce similar ideas and technologies while establishing a distanciation with those cryptocurrencies. Supply chain use cases exist for the blockchain but challenges abound as well.

Jul 21, 2021

Blockchains for supply chain - Lecture 4.21

Cryptocurrencies have attracted a lot of attention. Fortunes were made. Fortunes were lost. Pyramid schemes were rampant. From a corporate perspective, the “blockchain” is the polite euphemism used to introduce similar ideas and technologies while establishing a distanciation with those cryptocurrencies. Supply chain use cases exist for the blockchain but challenges abound as well.

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Jul 15, 2021

The Future shaping the Past

In supply chains, there's often somewhat of a catch-22 between the optimum decisions you can take today and how these can affect the decisions you can take tomorrow. For this episode of LokadTV, we're delighted to be joined by Warren Powell to discuss the difference between policy and point forecasts and how these can be used to optimize those catch-22 decisions.

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Jul 7, 2021

How many SKUs should a Supply Chain Planner manage

With modern companies providing increasingly large catalogues and technology facilitating easier stock management, a modern Supply Chain Planner must spin many plates. That's why for this episode of LokadTV we're asking':' how many SKUs should a Supply Chain Planner manage? And just how many is too many?

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Jun 30, 2021

Amsterdam, cheese brands (persona) - Lecture 3.2

Amsterdam is a fictitious FMCG company that specializes in the production of cheeses, creams and butters. They operate a large portfolio of brands over multiple countries. Many business conflicting goals must be carefully balanced':' quality, price, freshness, waste, diversity, locality, etc. By design, milk production and retail promotions put the company between the hammer and the anvil in terms of supply and demand.

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Jun 23, 2021

Forecast Value Added

Much like the saying, "a problem shared is a problem halved", Forecast Value Added is a management technique that simplifies a forecast by splitting it into manageable chunks. On this episode of LokadTV, we discuss just how well this works and why decomposing a forecast can actually lead to more difficult decisions.

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Jun 16, 2021

Bureaucratic core of supply chain

With 95% of the world's supply chains existing in companies of over 1000 employees, organizations must use a complex network of systems and processes. For this episode of LokadTV, we're going to discuss just how bureaucratic these organizations are and what we can do to make supply chain practitioners more efficient.

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Jun 9, 2021

Modern algorithms for supply chain - Lecture 4.2

The optimization of supply chains relies on solving numerous numerical problems. Algorithms are highly codified numerical recipes intended to solve precise computational problems. Superior algorithms mean that superior results can be achieved with fewer computing resources. By focusing on the specifics of supply chain, algorithmic performance can be vastly improved, sometimes by orders of magnitude. “Supply chain” algorithms also need to embrace the design of modern computers, which has significantly evolved over the last few decades.

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Jun 2, 2021

The bullwhip effect

The "Bullwhip Effect" was an influential paper published in 1997 that looked at how transactional information can be distorted, resulting in knock-on effects upstream on the supply chain. For this episode of LokadTV, we're delighted to welcome Stephen Disney to learn more about how this phenomenon occurs and what impact it can have on supply chain practitioners.

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May 26, 2021

Nonsense in Management Studies

The study of management can often tread a fine line between art and science, which naturally paints a confusing picture for many company leaders. For this episode of LokadTV, we're delighted to be joined by Dennis Tourish to discuss how much management research can be trusted and what we can learn from his book, "Management Studies in Crisis':' Fraud, Deception and Meaningless Research."

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May 20, 2021

Modern computers for supply chain - Lecture 4.1

Modern supply chains require computing resources to operate just like motorized conveyor belts require electricity. Yet, sluggish supply chain systems remain ubiquitous, while the processing power of computers has increased by a factor greater than 10,000x since 1990. A lack of understanding of the fundamental characteristics of modern computing resources - even among IT or data science circles - goes a long way in explaining this state of affairs. The software design underlying the numerical recipes shouldn’t antagonize the underlying computing substrate.

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May 12, 2021

Half a century of forecasting science

When it comes to forecasting, we often take it for granted that there are already techniques that have been fully tried and tested. Our guest for this episode didn't have that luxury. For this episode of LokadTV, we welcome Spyros Makridakis, one of the forefathers of forecasting, to discuss its evolution over the past 50 years.

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May 5, 2021

Forecasting elements that stand the test of time

Forecasting is an ancient practice that is constantly evolving. As such, many pieces of software fail to stand the test of time. For this episode of LokadTV, we have the pleasure of welcoming Rob Hyndman, whose implemented open-source software has been downloaded by millions of users. We discuss the sustainability of real-world forecasting techniques.

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Apr 28, 2021

Miami, an aviation MRO (persona) - Lecture 3.1

Miami is a fictitious aviation MRO (maintenance, repair, overhaul) in the USA serving a large fleet of commercial aircraft. In aviation, security is paramount. Parts and components must be routinely inspected and potentially repaired. Miami is in the business of keeping aircraft in the air at all times, avoiding AOG (aircraft on ground) incidents, which happen whenever a part needed to conduct a maintenance operation is missing.

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