Supply chains across industries and around the globe experience significant disruptions due to various unexpected global events. The Covid-19 pandemic has thrown the world into disorder as borders closed and ...
Decathlon is the biggest sporting goods retailer in the world. Regional differences made it difficult to follow the holistic Every Day Low Price strategy while addressing local customer needs with ...
Mistakes made by new data scientists are disappointingly similar to those still made by professionals Over the past year, I’ve had the opportunity to introduce many students to data science. ...
3 analytical approaches to salvage value and prevent waste Descriptive, predictive and prescriptive: the 3 approaches you can apply to solve any business problem using analytics. For example markdowns. Markdowns are ...
To MRP, or not MRP, that is the question: Whether 'tis nobler in the mind to suffer The slings and arrows of forced forecasts Or to take arms against them, ...
3 ways to be more responsive to data volatility Everyone, myself included, was so excited to be done with 2020. The Covid-19 pandemic made it a challenging year, and the ...
Step-by-step This is the appendix to my other piece: https://towardsdatascience.com/to-forecast-or-not-to-forecast-that-is-the-supply-chain-question-439e0eb47b61 Note: some charting functions in the support file may require using an optional free Excel add-in for best performance. Detailed step-by-step ...
The 5 secret ingredients to solve for profit, rather than accuracy Customers can be unpredictable. Hardly anything about them is forecastable correctly. Change approach maybe? Prediction errors are everywhere. Over the ...
