The Bitcoin Is Not A Coin Anymore – It Is The Modern Version of The Dutch Tulip!
The Bitcoin has just breached 14K. One bitcoin is worth 14,000 US Dollars as of the close of the market on December 6th. It was trading at 12K a couple … Read More
Supply Chain Transformation for Pharma
I facilitated an S&OP Discussion Panel for pharmaceutical and Biotech executives last week.
Cross-section of diverse experiences from small and large pharma companies. The report card when it comes to S&OP is not very good. We need to make great strides towards streamlining Sales and Operations Planning process in Pharma for both clinical supply chains as well as commercial supply chains.
Measuring Forecast Error – Constrained or Unconstrained Forecast?
Is it better to correct the actual sales for supply constraints and come up with a version of the actual demand that is unconstrained?
Measurement is an ex-post event that should not affect the actual forecasting process. If the Sales force is encouraged to think about a constrained forecast, the organization will lose visibility to the true unconstrained demand.
One option will be to use a disciplined process to measure true demand every month and evaluat the unconstrained forecast with this version of true demand.
Measuring Customer Service – Is Variety Causing Confusion?
There is confusion on the variety of measures used for measuring customer service. Let us survey the different metrics and get an input on how it is measured and what are the issues.
What To Measure or Forecast Accuracy – SKU/DC, SKU/National, SKU/Plant?
Although most demand planners and COE professionals understand the mechanics of these measures, there is some confusion on what to measure and why.
Measurement depends on what you are trying to drive – what you are using the forecast for? So level of aggregations matter as well. We explain some examples on what circumstances drive which measures.
17 Resolutions For a Demand Planner In 2017
Following are 17 suggested resolutions for your demand planning in 2017! 1. Trust the Stat Forecast . Although there are caveats, if tuned correctly, Stat can do wonders. 2. Spend … Read More
Role of Sales Planning in Supply Chain Transformation
Developing a process and system to do event modeling for promotional programs is the holy grail that will spark of the interest of the Sales groups in fully integrating with the S&OP process. In summary, Sales Planning functions are critical for better Sales Management as well as for an effective S&OP process.
Flexible Supply Chains – And Broken Links
“The measure of a person’s strength is not his muscular power or strength, but it is his flexibility and adaptability.” Same holds true for businesses and supply chains. Hanjin Shipping … Read More
How Successful Is Your Supply Chain?
Key factors for a successful supply chain – Product Assortment Visibility to Customer Wants and Needs Ability to successfully modify customer demand Inventory Management Supplier Relationship Management Product Assortment defines … Read More
From Bricks to Clicks
There is a huge competition amongst e-tailers and retailers to win customers by providing good customer service and quick delivery. Furthermore, all of this at a low cost. With the … Read More