Book Review: The best CSCP question bank to ACE your exam
MAPE and WAPE can tell opposite stories about the same portfolio. The worked example, the two lag-and-predictability cuts that make forecast KPIs actionable, and why bias needs tracking alongside either one.
The Supply Chain GuysHonest supply chain judgment from practitioners Once the main production line broke down in a factory, this line was very essential to the company’s revenue. The managers and engineers in charge couldn’t get the machine on the production line to work again. Finally after giving up, the management agreed to call…
Most forecast bias is an incentive problem wearing a modeling costume. A practitioner method: find it by product and customer, map it to who benefits, and separate the forecast from the target before you touch the model.
The Supply Chain GuysHonest supply chain judgment from practitioners All companies big or small do some sort of business forecasting, they estimate how their future will look like and use this information to make decisions that will shape the future in the way they want. However the quality of this forecast, its usability, detail and…
Most S&OP failures are political, not analytical. A practitioner breakdown of the six failure modes, a time-budgeted agenda that fixes them, and an honest look at what AI does and does not change.
DIFOT and OTIF share a formula. The measurement rules behind them can swing the same performance by ten points. The five decisions that decide your score, and where customer-experience scorecards are taking this.