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May 15, 2019

Digitalization in the Fashion Industry with Madeleine Czigler

Digitalization is a company-wide tranformation intended to make the most of a now software-driven world. In fashion, digitalization allows you to accelerate your supply chain in order to be more closely aligned with the latest trends. This week we are joined by Madeleine Czigler, a journalist, TV producer and Professor at the American University of Paris who specializes in culture and the fashion industry, to discuss with us how the digital age has really changed the face of the fashion industry.

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May 7, 2019

Toxic Patterns In Supply Chain Software

Great software products in supply chain are few and far between. Most products start as mediocre, and unfortunately, go downhill as years pass. In this episode of LokadTV we explore why we are so 'out of love' with the products we use in the Supply Chain industry and learn what are the key symptoms of the dismal IT landscape many companies find themselves in nowadays.

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Apr 17, 2019

Differentiable Programming in Supply Chain (Part 2/3)

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. In particular, this perspective proves itself of prime relevance to address supply chain challenges.

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Apr 4, 2019

Demand Forecasts for Hard Luxury

Hard luxury is characterized by an exceedingly low sales volume. Time-series forecasting methods are ineffective at delivering any kind of supply chain optimization. Yet, the quantitative optimization of assortments, stocks and prices is possible for hard luxury - even when looking at the most disaggregated level, e.g. stores.

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Mar 27, 2019

Why DDMRP Is Fundamentally Flawed

Demand Driven Material Requirements Planning (DDMRP) is a multi-echelon planning and execution method. This technique is a further development of MRP and works through strategically placed decoupling points and stock buffers in a supply chain. It has been described as being ‘Built for People, Not Perfection’. In this episode of LokadTV we try and learn whether this method really works in practice and why.

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Mar 20, 2019

The Problem With Flowcasting

Flowcasting has been previously described as 'The Holy Grail of demand-driven supply chain planning'. But just what is it exactly? 'Flowcasting the Retail Supply Chain', a book published in 2006, presents a series of techniques that were intended to revolutionize the retail industry. In this episode of LokadTV, we learn a little more about this concept and debate why a technique that was published in 2006 is still of interest today.

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Mar 13, 2019

Data Security in Supply Chain

Data is both an asset and a liability. Supply chains require extensive historical records for tracability purposes and to ensure the accuracy of demand forecasts. However, data leaks are damaging events both for the company and its clients. Supply chains have to protect both their physical and software infrastructures.

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Mar 6, 2019

Blackboxing and Whiteboxing

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. Whiteboxing, as part of the Supply Chain Management practice, is the answer to this problem. Practitioners don't need to understand the 'how' but need to understand the 'why'.

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Feb 27, 2019

Financial Optimization for Supply Chains

The financial optimization of supply chains starts with putting proper measurements in place. Those measurements must be and must remain closely aligned with the company's strategy. However, too frequently, companies get distracted by non-financial indicators such as the forecasting accuracy.

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Feb 13, 2019

Real Time Visibility in Supply Chains with Pierre Khoury

A tight control over lead times is important in order to optimize a supply chain. Yet, while electronic inventory management started to provide transparency on stock levels back in the 70's, tracking mobile assets only came much later. The term 'supply chain transparency' refers to the real-time positioning of all of a supply chain's assets, including the mobile ones.

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