The Right Forecast Accuracy Metric for Inventory Planning

The right way to measure forecast accuracy if you are interested in optimizing stock levels is to focus on the accuracy of the service level projection. Just because you set a service level target (or a system recommends a target) doesn’t mean you’ll actually achieve the target. This blog explains why and details how to calculate service level accuracy.

The Right Forecast Accuracy Metric for Inventory Planning
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How the UK's National Health Services Tamed the Blood Supply Chain

The National Health Service (NHS), the world’s largest health care organization, has implemented a new supply chain planning system for managing the United Kingdom’s blood supply.

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How the UK's National Health Services Tamed the Blood Supply Chain

The National Health Service (NHS), the world’s largest health care organization, has implemented a new supply chain planning system for managing the United Kingdom’s blood supply.

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SC Digest's Dan Gilmore and ToolsGroup GM Pat Smith Discuss the Impact of Downstream Data on Forecasts

https://www.youtube.com/watch?v=9epKxdyovYY&feature=youtu.be
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How to get the most out of your SAP APO implementation

How to get the most out of your SAP APO System (of Record)

What's Wrong with A-B-C Inventory Classification?

ABC inventory classification has been around so long that most planners just assume it’s the only way to segment your inventory. In fact, it’s not. And it’s not even nearly the best way. It’s actually a throwback from technology developed during the 1960s that hasn’t responded to the orders of magnitude increase in computer power that has enabled far better ways of solving the problem.

Inventory Segmentation from the 1960s

What's Wrong with A-B-C Inventory Classification?

The Amazon of Things

Target announced, today, that Arthur Valdez will be hired as their new EVP of Supply Chain and Logistics.  Mr. Valdez has spent the last sixteen years with Amazon in various positions driving that company’s online and international supply chain.  I think this is a huge step into “The Amazon of Things”!

The Amazon of Things

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