All Episodes of Lokad TV

Inventory Optimization for SMBs (Mar 31, 2020)

Inventory optimization matters for small and medium companies (SMBs). The choice ranges between investing in costly enterprise software to taking on the challenge of doing it manually in-house.

Building Trust in a Supply Chain Network (Mar 25, 2020)

As humans, trust is a complex emotion that can often take years to build.

Tail Risks in Supply Chains (Mar 19, 2020)

With Brexit, the Corona Virus and the Iceland volcanic eruption, we can say that our recent history is littered with systemic events that have caused disruption on a massive scale.

Embracing Uncertainty in SCM (Mar 11, 2020)

From demand to supply, and almost everything in between, there is a huge amount of uncertainty within supply chains.

Overstocks in Fashion (Mar 5, 2020)

Compared to other industries, most fashion brands have been lagging behind in technology, resulting in overstocks and large discounts.

Seasonality in 3 minutes (Mar 3, 2020)

Hey! One of the things we have noticed since we started LokadTV is how confusing some of the fundamentals of supply chain science can be.

Nurturing Supply Chain Excellence (Feb 26, 2020)

John Gardner once famously said that “excellence is doing ordinary things, extraordinarily well”.

Drones in Supply Chain (Feb 19, 2020)

Ever since Jeff Bezos revealed plans for Amazon Prime Air, back in 2013, there has been a lot of hype surrounding the possibility of using drones for deliveries.

The Role of Excel in Supply Chain (Feb 12, 2020)

Forecasting demand and optimizing stocks are both usually done in Excel, even in large companies.

The Bionic Supply Chain (Feb 5, 2020)

The convergence of a range of evolving technologies such as blockchain, Artificial Intelligence and the Internet of Things have ushered in a new concept known as the “Bionic Supply Chain”.

Demand Sensing, a Textbook Illustration of Mootware (Jan 29, 2020)

Demand Sensing is a forecasting method that combines the latest mathematical techniques and real-time information to create an accurate forecast of demand.

The Supply Chain Triangle of Service, Cost and Cash (Jan 22, 2020)

Finding the equilibrium between costs and the amount of cash coming in is a constant battle for any modern day company that provides goods or services.

Naked Forecasts Considered Harmful (Jan 15, 2020)

Here at Lokad, our commitment is to deliver the best forecasts that technology can provide.

Real-time Route Optimization (Jan 7, 2020)

With the latest advances in crowdsourced data, we are now able to forecast the impact of traffic congestion and optimize our routes more accurately than ever before.

Software Design for Supply Chains (Dec 18, 2019)

Lean Supply Chain Management (Lean SCM) starts with a lean applicative landscape to support the supply chain.

Sustainable Supply Chains (Dec 4, 2019)

Waste reduction has been the long standing goal of Lean Supply Chain Management (Lean SCM).

Bad Data in Supply Chain (Nov 27, 2019)

The proper preparation of data is critical to achieve success with difficult undertakings such as accurate demand forecasting.

ERPs and Supply Chains (Nov 13, 2019)

The ERP (Enterprise Resource Planning) is a misnomer, as it should have been ERM (Enterprise Resource Management).

Fresh Food Supply Chain Challenges (Oct 30, 2019)

The supply chain optimization of the fresh food industry presents specific challenges, most notably the precise control of expiration dates that are very short and complex seasonalities that are typically more erratic than what ‘non-fresh’ supply chain practitioners would expect.

Willingness to Pay (Oct 15, 2019)

Willingness to pay is a basic economic concept that determines the maximum amount an individual is happy to pay for a specific good or service.

Forecasting Demand for Automotive Spare Parts (Oct 2, 2019)

Accurate demand forecasts for automotive spare parts is important to ensure high service levels that minimize disruptions for customers when their vehicles are in need of mechanical repair.

Pseudo-Science in Supply Chains (Sep 18, 2019)

Like most complex systems, supply chains are difficult to comprehend.

A/B Testing, Exploration vs. Exploitation (Sep 4, 2019)

A/B testing is a method of comparing two options, or more, in order to assess which one yields the best outcome.

The Role of Returns in e-Commerce with Paul Bello (Aug 21, 2019)

The convenience of being able to return a product so easily has revolutionised our online shopping experience, with customers now able to shop for a multitude of items, which previously would only have been possible in physical stores.

Lokad Quantitative Supply Chain Software (Aug 8, 2019)

Find out what the Quantitative Supply Chain looks like in practice.

Shadow IT in Supply Chains (Aug 7, 2019)

The predictive optimization of supply chains relies on data that can usually be found somewhere in the company’s existing applicative landscape.

Using Weather Forecasts to improve Demand Forecasts (Jul 19, 2019)

The accuracy of demand forecasts is considered a critical ingredient to reduct stock-outs and improve service levels.

Why SKUs Aren't That Simple (Jul 10, 2019)

The Stock Keeping Unit (SKU) refers to a specific product stored in a specific location.

New Media for New Supply Chains (Jun 26, 2019)

Comparatively to other fields, say software engineering or mechanical engineering, supply chain media during the 2000’s and the 2010’s decades has been dominated by the communications of big-name tech vendors to the detriment of innovation and actual supply chain performance.

A Domain Specific Language (DSL) for Supply Chain (Jun 18, 2019)

Supply chains are so complex that regular configuration-driven software can’t accomodate the sheer diversity of situations faced by practitioners.

Digital Transformation in Supply Chain (Jun 5, 2019)

The performance of a Supply Chain Management (SCM) practice is increasingly dependent on software technologies.

What Is Slowbalization? (May 29, 2019)

From Europe to Asia to the United States, there are changes in the air that have resulted in political forces around the world leaning away from long-standing trends of economic globalization, such as Donald Trump’s recent tariff stance against China.

Negative Knowledge in Supply Chain (May 22, 2019)

The Supply Chain Antipatterns represent negative knowledge, that is, knowledge about what doesn’t work.

Digitalization in the Fashion Industry with Madeleine Czigler (May 15, 2019)

Digitalization is a company-wide tranformation intended to make the most of a now software-driven world.

Toxic Patterns In Supply Chain Software (May 7, 2019)

It often seems that when it comes to Supply Chain software, we simply use them out of necessity rather than because they are truly ‘great’ products.

Differentiable Programming in Supply Chain (Part 3/3) (Apr 24, 2019)

Differentiable Programming is a hybrid perspective between statistical learning and numerical optimization.

Differentiable Programming in Supply Chain (Part 2/3) (Apr 17, 2019)

Yann LeCun, the director of AI research at Facebook, argues that ‘Deep Learning’ has out-lived its usefulness and has coined Differentiable Programming as a fresh machine learning perspective.

Differentiable Programming in Supply Chain (Part 1/3) (Apr 10, 2019)

Differentiable Programming is the descendant of Deep Learning. It has unlocked a series of challenges that were previously seen as “unsolvable” and has paved the way for considerable progress and superior numerical results in the world of supply chains.

Demand Forecasts for Hard Luxury (Apr 4, 2019)

Hard luxury is characterized by an exceedingly low sales volume.

Why DDMRP Is Fundamentally Flawed (Mar 27, 2019)

Demand Driven Material Requirements Planning (DDMRP) is a multi-echelon planning and execution method.

The Problem With Flowcasting (Mar 20, 2019)

Flowcasting has been previously described as “The Holy Grail of demand-driven supply chain planning.

Data Security in Supply Chain (Mar 13, 2019)

Data is both an asset and a liability. Supply chains require extensive historical records for tracability purposes and to ensure the accuracy of the demand forecasts.

Blackboxing and Whiteboxing (Mar 6, 2019)

Any nontrivial demand forecasting model becomes a black box for supply chain practitioners, that is, an opaque subsystem that produces numbers that are difficult to understand and to challenge.

Financial Optimization for Supply Chains (Feb 27, 2019)

The financial optimization of supply chains starts with putting proper measurements in place.

Pricing Optimization and Supply Chain Management (Feb 20, 2019)

Pricing optimization is typically not considered as part of the Supply Chain Management (SCM) practice.

Real Time Visibility in Supply Chains with Pierre Khoury (Feb 13, 2019)

A tight control over lead times is important in order to optimize a supply chain.

Data Lakes in Supply Chain (Feb 6, 2019)

Data lakes are data storage technologies intended for bulk reads and bulk writes.

POCs (Proofs Of Concept) Don't Work For Supply Chains (Jan 30, 2019)

Supply chains are complex systems made of many moving parts: goods, people, machines.

Why You Should Subscribe to LokadTV (Jan 24, 2019)

Learn more about a rapidly changing industry and hear the experts views on the latest topics.

Terabyte Scalability for Supply Chains (Jan 16, 2019)

The relevant amount of historical data when considering large supply chains frequently exceeds one terabyte.

Why Safety Stock Is Unsafe (Jan 9, 2019)

Safety stocks are an inventory optimization method that enforces an extra quantity of stock beyond the expected demand in order to maintain a target service level.

Multi-Echelon Supply Chain Optimization at Bridgestone (Dec 19, 2018)

The inventory optimization of a large manufacturing multi-echelon supply chain requires probabilistic forecasts.

Generations of Machine Learning (Dec 12, 2018)

Machine learning is an umbrella term that includes diverse algorithmic approaches.

Quantitative Supply Chain For Fashion (Dec 5, 2018)

Fashion brands are driven by novelty. This puts a lot of pressure on fashion supply chains to reduce overstocks, both to reduce the discount rates but also to make room for the new collections.

Data Science For Supply Chain Forecast with Nicolas Vandeput (Nov 28, 2018)

Statistical demand forecasting was pioneered in the 20th century, however it can be revisited with better, more modern statistical approaches.

Why Lead Times Are Nearly Always Underappreciated (Nov 21, 2018)

The lead time is the total amount of time, typically counted in days, associated with the inventory replenishment cycle.

Service Level vs. Fill Rate (Nov 14, 2018)

In supply chain, the service level defines the probability of not hitting a stock-out during the next ordering cycle.

The Min/Max Inventory Method Doesn't Work (Nov 8, 2018)

The Min/Max inventory method defines two stock levels: first a replenishment threshold, referred as the “min”, and second, a replenishment target, referred as the “max”.

Transforming Complex Supply Chains with Hervé Hillion (Oct 31, 2018)

Supply chains have to undergo profound changes to benefit from software innovations such as predictive optimization technologies.

La Formation Des Futurs Décideurs Supply Chain (Oct 24, 2018)

Uniqlo has just announced a 90% reduction of its employees by having completely automated one of its warehouses in Japan.

Inventory optimization for an aerospace MRO (Oct 17, 2018)

An aerospace MRO needs to optimize its inventory in order to both minimize the number of AOG incidents and minimize the amount of stocks, typically held in the form of rotables.

Forecasting For Aerospace (Oct 10, 2018)

Forecasting demand in aerospace is difficult because demand is both highly erratic and intermittent.

Is Forecasting High Growth Possible? (Oct 3, 2018)

Growth, and more generally trends, needs to be taken into account in order to deliver accurate demand forecasts.

3PL in Global Supply Chains (Sep 26, 2018)

3PL - or third-party logistics - represent a way for companies to externalize their warehousing, distribution and fullfillment.

How To Forecast Seasonality (Sep 19, 2018)

Seasonality is one of the major cyclical patterns that can be used to improve forecasting accuracy.

ABC Analysis does not work (Sep 12, 2018)

The ABC Analysis is a widespread inventory categorization method used in many supply chains.

Modularisation in Supply Chain (Sep 5, 2018)

While the physical infrastructure supporting most supply chains is highly modular, their software infrastructure counterpart, e.

Sales and Operations Planning (S&OP) (Aug 29, 2018)

Sales and Operations Planning (S&OP) is a corporate practice intended to deliver superior supply chain execution by leveraging a deeper alignment with other divisions beyond supply chain - most notably sales, finance and production.

Data Jobs in Supply Chain (Aug 16, 2018)

Supply Chain Management (SCM) practices are increasingly data-driven and quantitative.

Data Requirements for Supply Chain Optimization (Aug 8, 2018)

Predictive supply chain optimization relies on heavily prepared data. The purpose of this data is twofold: first, the historical supply chain data is used to build the forecasting models, second, the data describing the supply chain’s current state is used to drive the optimization of the decisions.

Forecasting Demand for New Products (Aug 1, 2018)

New products do not have a sales history that can be represented as a time-series.

Fear of Change in Supply Chain (Jul 25, 2018)

A good Supply Chain Management (SCM) practice includes a healthy dose of conservatism as the cost of failure tends to be high.

Startups: Myth vs. Reality (Jul 19, 2018)

Developing an innovative technology is the not-entirely-sane undertaking of any startup.

Software Frankensteinisation in Supply Chain (Jul 12, 2018)

Managing supply chains and optimizing them is particularly challenging from a software perspective.

Probabilistic Forecasting for Supply Chains (Jul 5, 2018)

Optimizing supply chains relies on having insights about the future.

Internet of Things for Supply Chains (Jun 27, 2018)

For a supply chain management practice to be performant, managers need to have access to the position of every single asset.

Data Preparation in Supply Chain (Jun 20, 2018)

Properly preparing the data is a requirement to achieve success for any data-driven initiative.

Bitcoins, Supply Chains and Cartels (Jun 13, 2018)

Unlike what we keep hearing in the media, Bitcoin has very little to do with cryptography, and a lot more to do with simple economics.

Artificial Intelligence and Supply Chains (Jun 6, 2018)

Few domains are going to be changed as profoundly by Artificial Intelligence (AI) as supply chains.

Forecasting Promotions (May 31, 2018)

Forecasting promotional demand is necessary in order to allocate the correct amount of stock.

The User Experience Paradox (May 23, 2018)

Supply Chain Management (SCM) systems feature complex user interfaces. Among them, demand forecasting subsystems are not only complex but complicated as well.

Silos and Decisions in Supply Chain (May 9, 2018)

Modern supply chains are complex, and the most direct answer to complexity is a specialization of labor.

The Morality, Humanity, and Weirdness of Bitcoin (May 7, 2018)

In this special episode, Matt Aaron, Manager of the Bitcoin.com Podcast, asks Joannès his thoughts on the fundamentals of Bitcoin - what it means for supply chains, Lokad and the world at large.

The Data Scientist in Supply Chain (May 2, 2018)

A data scientist is a technical expert who is capable of solving a business problem by gathering the relevant data, by creating a quantitative model, and by delivering a working solution to stakeholders.

Blockchain and Bitcoins (Apr 24, 2018)

In this episode of LokadTV, we dip our toes into the rather contentious waters of Blockchain and Bitcoins.

Artificial Intelligence (Apr 17, 2018)

Artificial Intelligence (AI) is an umbrella term that covers many high-dimensional statistical methods such as Deep Learning or Differentiable Programming.

Accuracy of Demand Forecasting (Apr 11, 2018)

Achieving a highly accurate demand forecast is classically considered as the first step toward the optimization of a supply chain.