Category Archives: Quantitative Methods

Metro Monitor 2018

This article discusses differences between cities and sectors around the country in terms of economics and demographics.  The authors show that economic divides are increasing between geographic areas.  There are a great many numbers which show these trends. Authors are Chad ShearerIsha ShahAlec Friedhoff, and Alan Berube;  and date is 

screenshot-www.brookings.edu 2018-01-25 13-18-03-392  via Metro Monitor 2018

Are You Keeping the Right Amount of Inventory?

An interesting case study of inventory. You can see that it still is an issue of great importance to businesses.

Accurate knowledge of demand flow is very important in predicting the amount of inventory to carry, if the product is selling fairly frequently.

The authors found that a few big customers were placing unusual big orders and that was driving outages.  We’ve known this for 30 or more years; I observed it at a disk drive company I was product manager for in Silicon Valley. Manage the big orders and you manage inventory.

But that does not reduce the value of inventory models and predictions of service level.

 

 

via Are You Keeping the Right Amount of Inventory?

FMC plan for pilot information portal fails Senate funding

Not everyone thinks assembling big data is a good idea! Perhaps they have alternative facts.

I just subscribed to this source. Even though they do not disclose who they are, it might provide interesting information.

  Labor-related concerns were cited by the Senate, but the project will likely move forward without the funding.

Source: FMC plan to develop pilot information portal fails to receive Senate funding | Supply Chain Dive