by ToolsGroup Finstock | Mar 24, 2021 | Blog, demand forecasting, supply chain planning
Levent Ozsahin, Managing Partner at Advancetics B.V. It’s human nature to miscalculate how best to respond to supply chain disruptions–either over- or under-steering in anticipation of a crisis. Optimists often delay preparing for supply chain disruption for fear that...
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 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 | Dec 1, 2020 | Blog, demand forecasting, inventory optimization, supply chain planning
Remember 12 months ago, when we were all merrily celebrating Thanksgiving and starting our Christmas shopping, blissfully unaware of what was awaiting us just around the corner in 2020? No one could have predicted the year we’ve had, and now our 2021 plans are infused...
by ToolsGroup Finstock | Nov 3, 2020 | Blog, demand forecasting, inventory optimization, supply chain planning Image: coffee equipment in kitchen
Melitta is a household name for anyone who drinks coffee, but the Melitta Group’s business activities extend far beyond drip filters for your morning brew. With a revenue exceeding 1.6 billion Euros, Melitta products also include kitchen staples like aluminum foil and...
by ToolsGroup Finstock | Sep 15, 2020 | Blog, demand forecasting, inventory optimization, machine learning, supply chain planning
How has COVID-19 affected your business? Are you experiencing a change in demand given the changes to the economy and government measures? Our business fortunately hasn’t been significantly affected, aside from having our travel and events curtailed. There’s still a...
