Mar 31, 2022
When it comes to demand forecasting, there is an incredible diversity of methods and levels of data aggregation that are used. Some companies forecast on a daily basis whilst others on weekly, monthly, quarterly or yearly basis. Some forecast at the SKU level whilst others at the category level. How does one choose the right level of data aggregation?
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Jan 19, 2022
In this episode we are joined by Dr. John Gattorna, one of the most respected supply chain thought leaders in the world and whose work has influenced many of today’s leading corporations. We discuss the importance of a supply chain strategy that aligns with a ‘customer first’ approach, the evolution (or devolution) of supply chains in the last century, and whether software advancements that were designed to speed up internal processes have also contributed to slowing them down.
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Dec 7, 2021
Joannes Vermorel outlines a short series of lessons to supply chain practitioners from the M5 Forecasting Competition. The M5 did offer a unique opportunity to do a reality check on the claims of the majority of the supply chain software vendors. This talk was given as part of the M5 Conference.
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Dec 1, 2021
The supply chain industry is driven by buzzwords. A decade ago, cloud computing and probabilistic forecasts were not associated with the supply chain industry. Now (2021) it is the talk of the industry, alongside AI,blockchain and machine learning. Vendors are quick to keep up to date and adapt with these trends.
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Nov 10, 2021
The supply chain industry has for decades been in a constant chase of better accuracy of forecasts in a desperate attempt to predict the future. In fact, forecasting is so common in supply chain practices that every large company has its own division dedicated to improving their forecasting accuracy.
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Jul 7, 2021
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 23, 2021
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
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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