Remove truth-lies-and-statistical-modeling-in-supply-chains-part-3
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Latest Polls Show We’ve Lost Faith in Polls: 3 Lessons Election Pollsters Can Learn from Supply Chain

Kinaxis

This is something supply chain practitioners live every day and not just during the election process. Like the pollsters, demand planners in particular, model the future. The lessons are actually borrowed from a post written by my colleague, Trevor Miles, from 2013 called Truth, Lies and Statistical Modelling in Supply Chain.

Modeling 100
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Handfield’s Top Supply Chain Predictions for 2016

NC State SCRC

If there’s anything we’ve learned in the last year, it’s that prediction is not only much more complicated than it looks, and that the volatility and uncertainty that exists in the global supply chain operating environment is making life a whole lot LESS unpredictable. We know it’s going to happen.