Executive Summary MRP is not always applicable to companies. We cover when MRP applies to situations and why. Introduction When MRP is applicable, we occasionally receive a question, and it is a critical question and not asked as often as it should be. It is critical to select to run an MRP system and when…
Executive Summary How MRP works is a common question, and companies usually invest little in MRP education. We cover how MRP works. Introduction The question of how does MRP works is a common question. Companies purchase and implement MRP systems (or MRP from within ERP). Still, as we cover in the article The Weak General…
Executive Summary MRP has a well-known list of problems or limitations. In this article, we analyze the problems to see what can be done about them. Introduction The list of commonly listed problems with MRP is analyzed in this article and our analysis of how to solve MRP problems. Our References for This Article If…
Executive Summary MRP systems are very widely used, but the discussion around their financial return is virtually undiscussed. We cover the reality of the returns from MRP. Introduction When MRP systems, which stands for Material Requirements Planning, were first implemented, they were stand-alone systems. But in the 1980s, most of the MRP vendors were purchased…
Executive Summary MRP is far less understood than is generally known. We cover the common reasons for this knowledge gap. Introduction When MRP systems, which stands for Material Requirements Planning, were first implemented, they were stand-alone systems. But in the 1980s, most of the MRP vendors were purchased by and incorporated into ERP systems. What…
Executive Summary A statistical forecast is a distinct way of creating a forecast. We cover what it is and why they are called statistical. Introduction What statistical forecasting is a common question. They are the most commonly automated way of creating a forecast and are the baseline forecast in most cases. However, even most people…
Executive Summary Hyperscale public cloud providers are tremendously efficient, but they are natural monopolies. Why the issue of public cloud monopolies needs to be discussed and regulated. Introduction It is only possible to name a few public cloud hyperscale providers. This is because the hyperscale providers have enormous economies of scale in their facilities and…
Executive Summary Established vendors often find themselves on the outside of new technological developments. They can pay Gartner and IDC to confuse the issue and make it seem like they are part of the new thing. Video Introduction: How Gartner and IDC Help Vendors Co-Opt Things They Are Unrelated To Text Introduction (Skip if You…
Executive Summary China has given Coronavirus to the world. China wants to point the fingers to other countries. The evidence is in on multiple dimensions, and this is the right time to reconsider relations with China. Introduction China has given the world a pandemic that is causing massive dislocations around the globe. The Chinese government…
Executive Summary sMAPE is one of the alternatives presented for limitations with MAPE forecast error measurement. sMAPE is generally low in effectiveness in providing feedback to improve the forecast. Introduction sMAPE, or Symmetrical Mean Absolute Percentage Error, is a significant but uncommon forecast error measurement. However, its complexity in calculation and difficulty in explanation make…