Adexa Supply Chain Planning Blog
Can Artificial Intelligence Replace Real Intelligence?
Looking back over the past few decades there is every indication that more intelligent robots will be replacing jobs. Most of the jobs lost in the past have unfortunately been lower skill jobs in manufacturing.
S&OE, More Than Your First Alert and Response in Supply Chain
Let’s say you plan your vacation to drive from LA to San Francisco on a certain date, weeks or even months ahead. How accurate is this plan?
Why Attribute Based Planning is So Important
Almost all supply chain planning vendors use attributes only for finished goods in order match demand to available supply. This is not what Attribute Based Planning (ABP) is all about!
Get Ready for the Next Supply Chain Disruption
Thanks to Covid-19 almost every supply chain is being re-examined to become more resilient. But there is only so much you can do! There are external factors over which you have no control such as demand changes, up or down, tariffs or dock worker strikes!
S&OP without S&OE is Spreadsheet Planning, Not Digitalization!
Many companies have or are in process of implementing S&OP solutions aiming to digitalize their supply chains. S&OP is essentially a high-level rough cut and long-term model of the supply chain.
S&OE is More than a Bridge to Execution
Many supply chain leaders view Sales & Operation Execution (S&OE) as a bridge between S&OP and execution. Although metaphorically it helps to identify the complimentary power of S&OE, however it does not reflect the real value and power of S&OE.
Do you Have a Supply Chain Digital Twin or a Digital Picture?
The concept of supply chain digital twin has become very popular in recent years. It is essentially a digital model of your supply chain intended to be the foundation for companies to plan and operate their supply chain digitally and autonomously.
Improve Forecasting Accuracy by Double Digits Using Adexa Proprietary ML Algorithms
Traditional single variable forecasting algorithms look just for basic trends not causes. They utilize patterns like seasonality or trend patterns to provide more accurate forecasts. These algorithms can be very good at picking up patterns and doing predictions for steady runners.
How Nervous is your Supply Chain Planning System?
In a recent McKinsey report it was stated “After the implementation of a new planning and scheduling system, planners at one pharma manufacturer started receiving more than 200 exception messages every day.” This phenomenon is a consequence of a system which is not smart.
Supply Chain Risk and How to Mitigate
Planning is all about risk mitigation. Risks come in many forms: too much inventory, too little inventory, not enough to meet the demand, delivery interruptions because of weather, supplier issues, Acts of God, sanctions, labor disputes and so on.