Supply Chain Planning
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Week 4 – Discussion 1 of 2.
Build a forecast model using a simple exponential smoothing model with 2009 demand provided below. The exponential smoothing constant is 0.3. What is the bias for this model when the Forecast for January is set at 24?
Week 4– Discussion 2 of 2
Wartzman, R., & Tang, K. (2021, Jun 12). Supply chains are strained. these companies are best prepared. we crunched the numbers to identify which companies are in the best position to deal with the current turmoil. Wall Street Journal (Online). https://nuls.idm.oclc.org/login?qurl=https%3A%2F%2Fwww.proquest.com%2Fnewspapers%2Fsupply-chains-are-strained-these-companies-best%2Fdocview%2F2540141725%2Fse-2%3Faccountid%3D25320
Questions:
1. Explain how companies who excel at collaboration and information sharing are best positioned to survive the extreme strains placed on supply chains in the current environment.
2. Using your firm, what steps would you take to improve communication with supply chain partners?
Note:week 4 – Discussion 2 of 2 – material (information) pdffile
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