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The Future shaping the Past in Supply Chain (with Warren Powell) - Ep 121
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.
The bullwhip effect (with Stephen Disney)
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.
Nonsense in Management Studies (with Dennis Tourish)
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."
Half a century of forecasting science (with Spyros Makridakis)
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.
Forecasting elements that stand the test of time (with Rob Hyndman)
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.
Upgrading supply chain as a science (with Muddassir Ahmed)
Some topics, such as physics, can take almost a lifetime to master and have a vast library of literature. Supply chain education, on the other hand, is still in its infancy. In this episode, we discuss with Dr. Muddassir Ahmed the role of education in supply chain and what the industry can do to attract great minds.
Food Producers and their Supply Chain challenge (with Olivier Jonard)
Everyone knows the old saying "you are what you eat", but very few of us appreciate just how complex it is to get food on plates at the right place, at the right time and at the right level of freshness. For this episode of LokadTV, we're joined by Olivier Jonard to discuss supply chain in the food industry and how technology can help.
Action reward, a framework for inventory optimization
The action reward is a vast generalization of the newsvendor problem featuring nonstationary demand, incoming purchase orders, lead times, halfway through stockouts, future decisions and more.
Inventory Optimization Models and Simulations (with Nicolas Vandeput)
Historically, programming has often been seen as an intimidating task reserved for computer whizzes and IT practitioners. Nowadays, however, with the rise of tools such as Python, programming has become that much more accessible. For this episode of LokadTV, we're joined, once more, by Nicolas Vandeput to discuss just how simple programming can actually be.
A Day in a Life of a Supply Chain Scientist (with Maximilian Barth)
We've previously discussed the importance of a supply chain specialist over someone with more classic data science capabilities. At Lokad, we call them "Supply Chain Scientists". We're joined by one of our Supply Chain Scientists, Maximilian Barth, to learn more about what their role entails.