Intelichain

Wrapping Up Our Journey Towards Inventory Planning Excellence! In the final session of our 5-session course, we completed our comprehensive journey towards becoming inventory planning champions. During this last session, we focused on Optimal Safety Stock Levels, explored various methods to determine the right amount of safety stock, ensuring inventory efficiency and risk mitigation. We discussed Multi-Echelon Inventory Optimization and how to optimize inventory across multiple levels of the supply chain, providing participants with advanced techniques to streamline operations and reduce costs. We want to express our heartfelt thanks to all participants for their active involvement, curiosity, and dedication throughout the course. Your enthusiasm and engagement made each session more insightful and valuable. Looking forward to seeing how you apply these strategies in your organizations and continue to excel in your inventory planning journey!

4th Session Recap - Excellence in Inventory Planning Course We just wrapped up another insightful session in our Excellence in Inventory Planning course, where we dove into key inventory models that drive operational efficiency, such as Material Requirements Planning (MRP), Economic Order Quantity (EOQ), Kanban, Vendor Managed Inventory (VMI), Consignment Inventory, Inventory Planning with Shelf-life Constraints, Just In Time (JIT) and Work In Progress Inventory (WIP). Our participants gained both theoretical knowledge and practical tips, with plenty of real-life examples shared along the way. We ended the session with an interactive quiz to solidify the learning! In our next session we are going to focus on safety stock models and multi-echelon inventory optimization. Looking forward to the next session as we continue to sharpen those inventory planning skills! #InventoryPlanning #SupplyChain #InventoryManagement #MRP #EOQ #JIT #VMI #WIP #SupplyChainExcellence

Key Steps for Successfully Implementing S&OP in New Organizations Eric Wilson, Director of Supply & Demand Thought Leadership at the Institute of Business Forecasting & Planning, and Roei Aviram, CEO & Co-Founder of Intelichain, shared invaluable insights on effectively implementing S&OP processes. One major takeaway? Start from where you are. Instead of overhauling everything at once, focus on identifying existing business challenges and incrementally build your S&OP process to address them. Follow us for more practical tips!

We just wrapped up an engaging course at Diplomat Distributors: "Excellence In Demand Planning". During the course we focused on important topics such as: Demand Planning Foundations, KPIS, Segmentation, New Product Introduction (NPI) & Promotion Forecasting, as well as End-of-Life (EOL), Consensus Demand Forecasting and more.  The team at Diplomat brought their expertise and enthusiasm, making the sessions both insightful and hands-on. A huge thank you to Talya Aloush for trusting Intelichain to be the professional partner in leading this educational experience. We are confident that together, you will now be able to drive more accurate, agile, and effective supply chain processes!

Excellence in Inventory Planning: Session 3 Recap In our third session, we started with a recap quiz before diving into key inventory optimization KPIs like On-Time Delivery, Stockout Rate, and our unique On-Time and In-Stock Harmony (OTA-IA), developed by Intelichain’s experts to improve alignment. We shared real-life examples and explored practical inventory and production strategies, focusing on critical thinking to challenge traditional approaches and drive better results. More insights to come as we continue the path to inventory planning excellence!

Navigating Forecast Accuracy: How I Explained MAPE to My Boss Ever struggled to explain complex forecasting metrics to your boss? Nick Mishkin, a Data Scientist at Intelichain, shares a relatable story that breaks down the nuances of MAPE (Mean Absolute Percentage Error) and how to communicate forecast accuracy effectively. Nick highlights the importance of choosing the right metric, whether it’s MAPE, nMAPE, or wMAPE, to ensure your team’s success. Discover how even a slight improvement in accuracy can lead to significant gains for your business. 👉 Read the full article to learn how to refine your forecasting techniques and boost accuracy: https://lnkd.in/eytQNWUM #DemandPlanning #ForecastAccuracy #SupplyChain #MAPE #nMAPE #wMAPE 

We’re excited to share highlights from the second session of our Excellence in Inventory Planning course! Navit Adar, managing director of ISCMA Israeli Supply Chain Management Association welcomed participants, as we kicked-off with an engaging quiz. We covered key topics like inventory segmentation, inventory management and control KPIs, along with practical use cases to deepen our learning. Looking forward to continuing this journey toward inventory excellence! 📊✨

Exciting news! We’re hosting a must-attend session: "Unlocking S&OP Maturity: Strategies for Collaboration, AI, and Predictive Analytics" with two industry leaders: 🎙️ Eric Wilson, Director - Supply & Demand Thought Leadership, IBF and Roei Aviram, CEO & Co-Founder, Intelichain. Join us as we dive into key topics like breaking down silos for true cross-functional collaboration, the role of AI in forecasting, and practical steps for achieving S&OP maturity. 📅 Stay tuned for insights and be sure to follow us for updates as we share the key takeaways! #SOP #PredictiveAnalytics #AI #SupplyChain #Forecasting

We just completed the first session of our Excellence in Inventory Planning course! 🎉 It was incredible to see participants from top companies across diverse industries coming together to sharpen their inventory planning skills.  A huge thank you to everyone who joined and actively contributed to the insightful discussions. Looking forward to continuing this journey toward mastering inventory planning in the upcoming sessions! 📊✨

Measuring the bullwhip effect is crucial for identifying inefficiencies in the supply chain, as it highlights how small fluctuations in demand can amplify upstream. By monitoring this effect, companies can reduce excessive inventory, improve forecasting accuracy, and enhance overall supply chain performance. #demandplanning #ibp #salesandoperationsplanning #inventoryplanning #inventorymanagement #supplychain #bullwhipeffect