The Forecast Accuracy Industry
An entire industry thrives on the quest for the holy grail of reliable forecasting. But what happens when we look more closely at probabilistic, statistical, and AI-driven forecasting methods?
An entire industry thrives on the quest for the holy grail of reliable forecasting. But what happens when we look more closely at probabilistic, statistical, and AI-driven forecasting methods?
Great supply chain leaders often have a taste for action, collaboration, and continuous improvement. But what’s the most important skill for a supply chain leader to have?
In Tetris, colored bricks fall from the top of the screen. It’s up to you to orient them as they fall, so they fit into each other. The role of a production planner is very similar.
What if your customer service team had cross-functional visibility into manufacturing priorities, exceptions, date promises, and progress in key queues?
There are three types of buffers that help manufacturers deal with variability: stock, time, and capacity. Which is the most powerful?
The aeronautical supply chain was not designed to ensure the fast and reliable flow of goods, but to meet detailed technical, quality, and safety specifications. How can Demand Driven methods help?
Can MRP help you restock your fridge? From meal planning to demand shaping, we chart the six simple steps.
One of the meeting points for the company’s Finance and Supply Chain teams is the Excess and Obsolete, or “E&O” review. E&O are subject to a financial review at least annually, or quarterly in particular for listed companies. The purpose of this review is to determine the financial reserves to be made in the accounts … Read more
Monomakh automated inventory management in production using Intuifow, which works according to the algorithms of the new DDMRP methodology. In two years, the company increased sales by 60% without additional inventory and significantly strengthened its influence as a leader in the tea & coffee Ukrainian industry. After reading this, the audience will be divided into … Read more
The Eastern European/Central Asian market has a number of unique qualities. Out here, the success of Western companies seems so distant from our reality that it is simply not perceived as an argument in favor of change. Western markets are more mature, according to this line of thought, and therefore more stable, predictable, and easy … Read more
The events of the last two years have tested companies’ strength. Digitalization, the effects of the pandemic, and the reversal of market trends are rapidly transforming economic stability. The realities of modern business do not leave a chance for those who are slow to respond to the changes that are taking place. Prolonged reflection on … Read more
This case study was written by the Demand Driven Institute. Most often, inventory management methods are dictated by the principles of the IT system a company uses. Typically, this is the MRP, which became widespread in the 1980s. Most MRPs today are outdated, as they have not changed much since their inception. Since 2012, the … Read more