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The Latest News and Thoughts from the RSI Team
Lessons The Pandemic Taught The Supply Chain
As a planner, you know you need to learn from the past. This is so you can improve future planning and supply chains. One of the most useful things to learn from is customer demand data from previous COVID-19 waves. Does your inventory planning system allow you to use this demand data to run what-if scenarios? If not, you may want to consider another system.
The COVID-19 demand data collected from the initial waves of the virus gives us an opportunity to learn about key drivers of demand for specific product categories in specific location. We can learn where forecasts went wrong and use this information to improve future planning for the next waves of COVID-19 (e.g. Delta Variant). Any learnings can be used in future waves of COVID-19.
Supply Chain Seasonality - Where Did All of the Sun Screen Go?!
Put simply, supply chain seasonality is the change in demand for products by season. Right now, products related to summer weather are popular! Also, we’re probably not going to buy any coats, sweaters, or snow boots anytime soon unless we want them to gather dust for the next few months.
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