Search Results for: forecasting

The Evidence that Diversity Does Not Improve Innovation

Executive Summary It is considered politically correct and broad-minded to state that diversity improves innovation. However, there is no evidence for this diversity improving innovation. Introduction It is sometimes proposed that diversity improves innovation. This article reviews the academic literature to determine what it says on the topic. Our References See our references for this article…

How to Understand Error Checking Variable Forecast Planning Buckets

Executive Summary Planning buckets selecting should be a tested setting in forecasting systems, but normally is not. We cover how to set the forecasting planning bucket. Video Introduction: How to Understand Error Checking Variable Forecast Planning Buckets Text Introduction (Skip if You Watched the Video) Some companies forecast using a weekly planning bucket, others monthly….

How to Best Understand Measuring the Unconstrained Forecast

Executive Summary A constrained forecast is how most forecast error is measured. We cover the importance of the constrained forecast error. Introduction The topic of an unconstrained forecast is one of the most poorly explained concepts in supply chain planning. In this article, we seek to illuminate this topic and also bring up its relevance…

How to Create a Functional Relationship with Service Levels

Executive Summary Service levels are terribly managed within companies. This is primarily because sales and marketing set service levels without understanding the implication on constraints and supply chain costs. Introduction The choice of service levels sets priorities for how much of each product to stock at each specific location (a warehouse or other internal stock…

The Reality of Machine Learning Versus the Hype of ML

Executive Summary Appreciating how is ML is used. Why so many vendors are currently selling the illusion of automated machine learning. Introduction A recent article about SAP and machine learning garnered attention from some people with insightful views into ML projects’ reality. This article is meant to elaborate and curate these comments because we thought…

A Study into the Accuracy of SAP

Executive Summary This is the only independent research into SAP’s accuracy. This article documents that accuracy of SAP versus Brightwork Research & Analysis. Introduction to the SAP Accuracy Study In most research, the topic is introduced, and the background is provided, and the data is provided second. However, this research serves two purposes. One purpose…

Does Brightwork Have an Axe to Grind with SAP?

Executive Summary Those who are incapable of debating the Brightwork Research & Analysis arguments often use the hominem of an “ax to grind” against Brightwork and Shaun Snapp. The proponents of the hypothesis of the ax to grind fail to provide evidence of the ax. Introduction to the Ax to Grind Hypothesis This article addresses…

The Real Reason for Under Armour SAP’s S/4HANA Problems

Executive Summary Under Armour communicated the problems it has had with S/4HANA. However, the explanation by Under Armour in their earnings call was a “whitewash.” Bill McDermott, SAP’s CEO, somehow sits on the board of directors of Under Armour. How SAP consultants surface to defend waste at Under Armour. Introduction: The Problems with the Under…

How Good is Taiichi Ohno’s Book on Toyota Production System?

Executive Summary Taiichi Ohno’s book on the Toyota Production System is considered the definitive classic of JIT/Lean. The question remains, how well does this supposedly classic book hold up? Introduction When you talk to JIT/Lean proponents, they often tell you that to understand the Toyota Production System (TPS), you should go back and read Toyota…