One-number plans are bad plans. A one-number forecast, for example, looks across the range of demand that might emerge in a period and decides to create a forecast that is mid-way between the most and ...

Ongoing disruption is forcing a rethink of conventional supply chain planning, from extrapolated supply and demand forecasting to probabilistic planning, to simulations based on real-time visibility ...

As the old saying goes, failing to plan is planning to fail. Good leaders know that forethought and preparation are necessary to succeed in this sense. Yet, it's not unusual for founders, executives ...

A few months ago, I interviewed the chief supply chain officer for one of the world’s largest distributors of alcoholic beverages. When I asked what was his biggest challenge, I expected to hear about ...