EDA: How Data Analysis Becomes a Necessary First Step for Big Data and Predictive Analytics Modeling
When a multidisciplinary research study group at Princeton University undertook a study of the paired uses of electricity and gas in townhouses, it contacted the residents of Twin Rivers, a […]Read more ›
WHY Demand Forecasting Is So Important to Supply Chain Professionals and Managers
When I was developing Forecast Decision Support Solutions for corporate clients, I learned the importance of what poor forecasts meant to downstream users in the Supply Chain: Executive managers, logistics […]Read more ›
Are Your Demand Managers Organized to Manage Demand Forecasting in the Modern Consumer Data-Driven Supply Chain?
In the traditional ‘push’ supply chain (Sell What You Can Make), forecasting tends to follow someone’s plan. In a modern ‘pull’ supply chain (Make What You Can Sell), demand forecasting […]Read more ›
Achieving Agility Through Smarter Forecasting in the Supply Chain
In the book Mastering Agility -Successfully-Navigating-Uncertainty, authors Hans Amell and Kurt Larsson remind us of the many destabilizing forces that create the perfect storm that decimate businesses worldwide. In short, they tell us “it is high […]Read more ›