by ToolsGroup Finstock | Mar 24, 2021 | Blog, inventory optimization, multi echelon inventory optimization
The subway system is the lifeblood of New York City, pre-COVID carrying an average of 5.5 million people per day in 6,684 cars across 472 stations1. Each station is part of a larger system and operates on a set schedule under one management umbrella. Imagine what...
by ToolsGroup Finstock | Mar 16, 2021 | Blog, demand forecasting, probabilistic forecasting, supply chain planning
This post was originally published at https://www.linkedin.com/pulse/primer-probabilistic-planning-forecasting-stefan-de-kok/ I have been blogging and advocating for the past 15 years on probabilistic approaches to planning and forecasting, and am happy to see in the...
by ToolsGroup Finstock | Mar 9, 2021 | Blog, supply chain planning
In episode seven of Be Ready for Anything, industry insider Bob Ferrari discusses the pivotal factors affecting global supply chain revitalization in the coming year. Discover how to pinpoint your investments in supply chain management and regain your balance, even in...
by ToolsGroup Finstock | Mar 3, 2021 | Blog, demand forecasting, inventory optimization, supply chain planning
When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t pause to consider all the supply chain complexities and analytics required to ensure the fashion items you’re craving are in-stock. While sophisticated...
by ToolsGroup Finstock | Mar 2, 2021 | Blog, S&OP
S&OP (Sales and Operations Planning) or SIOP (Sales, Inventory and Operations Planning) is a well known supply chain planning process, yet not all supply chains have embraced Sales and Operations Execution (S&OE). As we all know, what you plan for and what...