Archives

December 2016

From an Executive: Operations is Good for Business

From an Executive: Operations is Good for Business

Austin Haygood Supply Chain Leader
As we reflect back on 2016, a few interesting themes emerge on the importance of operations in business: Some of the biggest brands in the world ar...
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November 2016

How you should be using Multi-Echelon Inventory Tools

How you should be using Multi-Echelon Inventory Tools

Sara Hoormann Principal
In a previous blog Dr. Mike Watson offered up a statement that seemed to goes against what people have been taking for granted within inventory sol...
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October 2016

The Focused Factory and Understanding Product Profitability

The Focused Factory and Understanding Product Profitability

Michael Watson Ph.D Partner
  Last month, Bloomberg Businessweek ran a story on how the New England Paper Tube company made a comeback from bankruptcy by focusing on the ...
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September 2016

The Four Myths of Supply Chain Risk

The Four Myths of Supply Chain Risk

Larry Snyder, Ph.D. Senior Research Associate
In over 15 years of studying supply chain risk, there is a common set of comments that I often hear from both supply chain researchers and practiti...
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3 Great Lessons from Video on How Amazon Arranges Its Warehouses

3 Great Lessons from Video on How Amazon Arranges Its Warehouses

Michael Watson Ph.D Partner
On LinkedIn, I came across this short, one and a half minute, video on how Amazon arranges items in its prime warehouses.  These are the warehouses...
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Dealing With Poor Predictive Models

Dealing With Poor Predictive Models

Hari Murakonda Data Scientist
Dealing With Poor Predictive Models
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Quick Tips to Transform Your Tableau Dashboards

Sari Nahmad Data Scientist
We’ve all been there. You have spent all week getting the optimal results and now you have a short time to put your results in a presentable form. ...
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Imagining the Supply Chain of 2030

Imagining the Supply Chain of 2030

Kristen Daihes Partner
  I had the opportunity to join the Supply Chain Insight Global Summit last week in Arizona.  As expected, this summit did not disappoint.  Lo...
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Increase your productivity with streamlined reporting in R

Increase your productivity with streamlined reporting in R

Sari Nahmad Data Scientist
Whether for documentation or reporting, incorporating document producing packages in your R code will allow you to easily share your code and its o...
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You Don’t Need the Optimization in Multi-Echelon Inventory Optimization

You Don’t Need the Optimization in Multi-Echelon Inventory Optimization

Michael Watson Ph.D Partner
The Truth is That Multi-Echelon Inventory Optimization is Widely Misunderstood and Chances are, you Don’t Need Optimization (This article fir...
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August 2016

Top 10 Do’s and Don’ts that Every Data Practitioner Should Follow

Top 10 Do’s and Don’ts that Every Data Practitioner Should Follow

Austin Haygood Supply Chain Leader
Below are useful guidelines for how to build and maintain a data-centered process that can help drive analytical capability for you and your organi...
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GE Appliances and Lighting: Solving Large-Scale Customer Delivery Problems

GE Appliances and Lighting: Solving Large-Scale Customer Delivery Problems

Ehsan Khodabandeh PhD Operations Research Scientist
A couple of years ago while working on my PhD and before joining Opex Analytics, I had the privilege of working with some amazing people as part of...
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On Network Modeling:  Blaspheming the Baseline

On Network Modeling: Blaspheming the Baseline

Tom Nicholas
“Baseline Validation” is as elemental to a network modeling workplan as “creating good jobs” is to a candidate’s economic plan. It has to be there....
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Who is Afraid of the Big (Bad) Wolf?

Who is Afraid of the Big (Bad) Wolf?

Diego Klabjan Partner
In May 2016 I participated at the IRI Annual meeting in Orlando. I attended the round table “Implications of Big Data on R&D Management” organized...
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I Used to Dread Monday Mornings as a Planner…

I Used to Dread Monday Mornings as a Planner…

Kristen Daihes Partner
When I was a planner more than 15 years ago for a consumer goods manufacturer, I approached each Monday morning with dread.  Not because I did not ...
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The Newsvendor Doesn’t Tell the Whole Story

The Newsvendor Doesn’t Tell the Whole Story

Larry Snyder, Ph.D. Senior Research Associate
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July 2016

Extra! Extra! Here’s What You Need to Know about the Newsvendor Problem

Extra! Extra! Here’s What You Need to Know about the Newsvendor Problem

Larry Snyder, Ph.D. Senior Research Associate
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June 2016

Role of Loss Functions in Machine Learning

Role of Loss Functions in Machine Learning

Mohsen Moarefdoost Ph.D. Operations Research Scientist
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The Profit Maximization Feature may Help With Cost Minimization Models

The Profit Maximization Feature may Help With Cost Minimization Models

Michael Watson Ph.D Partner
(This is the second article in the series on Profit Maximization that was first published at SCDigest.) In a previous post, I discussed two big rea...
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Two Big Reasons You Don’t Want to Maximize Profit in your Supply Chain Model (blog and video)

Two Big Reasons You Don’t Want to Maximize Profit in your Supply Chain Model (blog and video)

Michael Watson Ph.D Partner
(We recently were interviewed on weekly The Supply Chain Television Channel and CSCMP– click on the above picture and go to the 3:55 mark for...
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May 2016

You Can Set Inventory Levels and Other Such Myths

You Can Set Inventory Levels and Other Such Myths

Michael Watson Ph.D Partner
(This article first appeared in SupplyChainDigest.) If you are like me, when you first got into the inventory field it was hard to figure out what ...
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March 2016

Discovery vs Production with Big Data

Discovery vs Production with Big Data

Diego Klabjan Partner
It has been noted that big data technologies are predominantly used for ETL and data discovery. The former has been around for decades and is well ...
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6 Organizational Issues in Tactical Inventory Planning

6 Organizational Issues in Tactical Inventory Planning

Michael Watson Ph.D Partner
(This article first appeared at Supply Chain Digest and was co-written with Paul Brown.) When rolling out a tactical inventory planning system, the...
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February 2016

Three Ways to Get More Value from Your Customer Feedback and Complaints

Three Ways to Get More Value from Your Customer Feedback and Complaints

Sanjeevni Wanchoo Data Scientist
Many companies are sitting on an asset and aren’t realizing its value. This asset is the data you have from customer call transcripts and complaint...
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Mathematical Optimization and Machine Learning

Mathematical Optimization and Machine Learning

Mohsen Moarefdoost Ph.D. Operations Research Scientist
You won’t be surprised if I tell you machine learning, data mining and data science are hot topics today. But, you might be wondering what makes yo...
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Six Steps in a Network Design Project- A Reminder from Inbound Logistics

Six Steps in a Network Design Project- A Reminder from Inbound Logistics

Michael Watson Ph.D Partner
I just came across an article in Inbound Logistics on the 6 Steps you should go through in a network model.  This article serves as a good reminder...
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4 Things Nick Saban Can Teach us About Inventory Planning

4 Things Nick Saban Can Teach us About Inventory Planning

Michael Watson Ph.D Partner
I heard a great story on how Nick Saban’s Alabama football team wins so many games. The story goes like this:  They never focused on the outcome of...
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Top 3 Predictions for Network Design in 2016

Top 3 Predictions for Network Design in 2016

Michael Watson Ph.D Partner
Last week, Dan Gilmore of Supply Chain Digest asked us to provide predictions for what would happen in the field of network design.  Here is his fu...
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January 2016

5 Ways Sensors Will Change The World- According to Andy Kessler

5 Ways Sensors Will Change The World- According to Andy Kessler

Michael Watson Ph.D Partner
  The Wall Street Journal recently published an Op-Ed piece by Andy Kessler (author of Eat People and Running Money, and other books) on what ...
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A Tech Tip on Interpolation

A Tech Tip on Interpolation

Sari Nahmad Data Scientist
This week’s tech tip is on interpolation, one kind of data transformation data scientists use to create new data points within the range of a discr...
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Why You Need to Understand the Trade-Off between Precision and Recall

Why You Need to Understand the Trade-Off between Precision and Recall

Sam Hillis Data Scientist
(This article first appeared in SupplyChainDigest and was co-authored by Sara Lewis) Recent advances in computing and availability of data have dri...
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Non-linear models and the value they can create

Non-linear models and the value they can create

Mohsen Moarefdoost Ph.D. Operations Research Scientist
Operations research analysts and modelers try to avoid non-linear models in network and supply chain design. This has led many of us to believe tha...
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3 Things the $1.5 Billion Powerball can Remind us about Expected Value

3 Things the $1.5 Billion Powerball can Remind us about Expected Value

Michael Watson Ph.D Partner
It is hard to avoid hearing about the $1.5 Billion Powerball.  Along with the size of the prize, there has been a lot of attention on your chances ...
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Bringing Analytics to the CFO

Bringing Analytics to the CFO

Michael Watson Ph.D Partner
A recent article in the Wall Street Journal highlighted the rising need for analytics on the CFO’s team. The article highlighted how CFO crea...
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MH&L’s Top 10 Advanced Technologies that will Shape Manufacturing’s Future

MH&L’s Top 10 Advanced Technologies that will Shape Manufacturing’s Future

Michael Watson Ph.D Partner
  MH&L recently published an article on the Top 10 advanced technologies that will shape manufacturing’s future.  The research was d...
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What the Big Short taught us about Stress Testing

What the Big Short taught us about Stress Testing

Sari Nahmad Data Scientist
The Big Short, a box office hit, details how Dr. Michael Burry (and a select few) predicted the credit and housing bubble collapse and made million...
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7 Ways You Can Think About Christmas Capacity to Avoid Having the Press Blame Your Supply Chain for Missed Deliveries

7 Ways You Can Think About Christmas Capacity to Avoid Having the Press Blame Your Supply Chain for Missed Deliveries

Michael Watson Ph.D Partner
On Dec 15th, Snapfish, a photo services company, found themselves on the front page of the USA Today. Unfortunately, the reason they made the front...
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NPR’s Planet Money Podcast Explain A/B Testing in 15 Minutes

NPR’s Planet Money Podcast Explain A/B Testing in 15 Minutes

Michael Watson Ph.D Partner
NPR’s Planet Money recently did a podcast on A/B testing.  It is worth a listen if you are new to the topic.  A/B testing is a key part of th...
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