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Forecasting intermittent demand for spare parts – review of JORS paper

January 26th, 2007 | By: Martin Arrand

I have just read a paper published in the Jan 07 edition of the Journal of the Operational Research Society (JORS) entitled “A new approach of forecasting intermittent demand for spare parts inventories in the process industries”. The authors – ZS Hua, B Zhang, J Yang and DS Tang from the University of Science and […]

Simple demonstration of slow and fast SKU forecasting

January 5th, 2007 | By: Martin Arrand

In December 2006 I presented seminar for the CILT on Supply Chain Inventory Management, and this very simple demonstration comes from that presentation. It is designed to highlight the different levels of forecast accuracy that we can achieve for slow and fast SKUs. (As I mentioned in my post from 29 Nov 06, estimating forecast […]

About Supply Chain View

March 24th, 2006 | By: Martin Arrand

Welcome to Supply Chain View, a regular look at current supply chain issues. I’m Martin Arrand, an experienced supply chain and Lean consultant from the UK. I have a policy of keeping the Supply Chain View voice separate and independent, so I don’t publicise here who my my clients are. I work on projects both […]