Supply Chain science and tech

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Sep 5, 2018

Modularisation in Supply Chain

While the physical infrastructure supporting most supply chains is highly modular, their software infrastructure counterpart, e.g. inventory control or demand forecasting systems, tends to be monolithic and brittle. As a result, large scale software supply chain failures are still ongoing.

Aug 29, 2018

Sales and Operations Planning (S&OP)

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. Despite the claims from multiple vendors that the best-in-class businesses operate under S&OP, most implementations suffer from similar flaws, which are intrinsic to the very nature of S&OP.

Aug 16, 2018

Data Jobs in Supply Chain

Supply Chain Management (SCM) practices are increasingly data-driven and quantitative. New roles have appeared such as the Supply Chain Scientist. Companies need to make strategic decisions about whether these competencies are developed in-house or externalized.

Aug 8, 2018

Data Requirements for Supply Chain Optimization

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.

Aug 1, 2018

Forecasting Demand for New Products

New products do not have a sales history that can be represented as a time-series. As a result, time-series forecasting models don't work for new products. Forecasting demand for new products requires alternative forecasting models capable of leveraging data, such as product attributes, that do not come as a time-series.

Jul 25, 2018

Fear of Change in Supply Chain

A good Supply Chain Management (SCM) practice includes a healthy dose of conservatism as the cost of failure tends to be high. Yet, rejecting all change is not an option in a world where innovation drives laggard companies out of business.

Jul 12, 2018

Software Frankensteinisation in Supply Chain

Managing supply chains and optimizing them is particularly challenging from a software perspective. The 'Software Frankensteinisation' refers to the technological decay that plagues entreprise software when faced with its own evolution over multiple decades.

Jul 5, 2018

Probabilistic Forecasting for Supply Chains

Optimizing supply chains relies on having insights about the future. Classic forecasts dismiss uncertainty entirely, and assume that the forecast is perfectly known. In contrast, probabilistic forecasts embrace uncertainty, and reflect that supply chain optimization should remain robust when faced with unexpected events.

Jun 27, 2018

Internet of Things for Supply Chains

For a supply chain management practice to be performant, managers need to have access to the position of every single asset. Unlike classic electronic inventory management, Internet-of-Things (IoT) offers the possibility to gain real-time visibility on all assets, vehicles included.

Jun 20, 2018

Data Preparation in Supply Chain

Properly preparing the data is a requirement to achieve success for any data-driven initiative. When considering supply chain challenges, data preparation is difficult because it involves complex enterprise systems that have not been designed with data science in mind.

Jun 6, 2018

Artificial Intelligence and Supply Chains

In this episode we talk about this major buzzword and its application to supply chains.

May 31, 2018

Forecasting Promotions

Forecasting promotional demand is necessary in order to allocate the correct amount of stock. However, time-series forecasting models are typically not a good fit to address pricing-related demand patterns. More complex machine learning forecasting models are needed to properly take into account past promotions, and to reflect the upcoming impact of those that are planned.