Adexa Supply Chain Planning Blog
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.
Risk Management: Run Your Supply Chain Like An Insurance Company
Everyone is aware of potential risks in running a supply chain but what is the process by which you evaluate that risk? And, figure out the alternative solutions to lessen or eliminate it?
Did You Say Security or Reliability?
With Adexa, our clients benefit from the latest technology available in security, using SAML authentication with third party Identity Management systems; and reliability, whether it is on the client’s own cloud, on premise or Adexa cloud.
Design Your Supply Chain for Resiliency
2020 was a very challenging and difficult year for many supply chain leaders. Climate, tariffs and the pandemic unraveled how fragile supply chains can be. Resiliency of supply chain is the ability to withstand changes in demand and supply and the ability to respond effectively.
Time to Remove Silos from the Vertical Supply Chain
Most supply chain practitioners believe that there is a need for both a long-term planning engine (S&OP) and yet another for plan execution (S&OE). The main reason is that S&OP can only provide a rough plan which is not good enough for execution for (say) this week or this month.
Life after S&OP
Gartner reports that almost 70% of companies are either at stage 2 or 3 of supply chain maturity. Stage 3 is generally attributed to the use of S&OP technology in the supply chain. Perhaps you have already implemented S&OP or in the process of or thinking about it.
Reliable Vaccine Distribution Through S&OE
For anyone that wants to understand the difference between S&OP and S&OE, all they need to do is to listen to the news to hear the latest on the effort for the country to effectively distribute Covid-19 vaccines.
