How to navigate your healthcare supply chain through an unpredictable flu season "The flu? Did you mean Covid-19?" This might be the first reaction coming to mind when reading the title of this blog. Many Western countries are making progress to manage the covid-19 pandemic and the Delta variant with double-digit [...]
Monitoring demand & supply imbalances in the automotive industry following economic disruptions The path of economic recovery From March 2020 onwards, we have all experienced the effects of COVID-19 and its lockdown on our business. Over the last few months, we saw clear signs of economic recovery across different industries. Initially, [...]
5 relevant macro-economic indicators to monitor in your forecasting process The shockwave In March and April 2020, global economies have experienced an unprecedented global decrease in economic activities due to partial or full lockdown measures as a consequence of the corona virus outbreak. By the summer of 2020 the very worst [...]
Adding PMI to your forecasting process for better visibility WHAT The Purchasing Managers' Index (PMI) is a leading indicator which gives insights on the current direction of economic trends in both the manufacturing and service industries. The index captures whether multiple market conditions are expanding, contracting or remaining stable based on [...]
Limitations of traditional statistical forecasting techniques Statistical forecasting is probably the most wrongly applied analytical technique in history. When applied right it can function as a strong quantitative baseline for your forecasting and decision-making processes. However, be cautious when using traditional statistical forecasting techniques in case of significant sales turning points [...]
... And how to provide them with these! When a business prepares for a meeting with new investors, they often start with the balance sheet and the business plan. Just showing the financial information will not satisfy the needs of the investors. We discussed this in one of our recent webinars where [...]
Before we dive deeper in understanding the common pitfalls of market intelligence, it is important to have a mutual comprehension of what market intelligence is. Market intelligence, as its name implies, is simply the intelligence - or information - about a business's particular market. For example, the geographic location of a business, the [...]
The supply chain has come a long way since the days it functioned mainly as a tool for resource management, logistics and optimization. With today’s digital tools and technologies available, it has become easier to take the function of supply chain to a next level. Enhancing digitalization in the supply chain helps [...]
