Spare Talk, Episode Two: Demand History & Forecasting
kkapple2021-08-26T17:26:00+00:00In this new series, they’ll answer a variety of questions related to Spare Parts Planning, taking it step-by-step from diagnosis to assessment and recommendation.
In this new series, they’ll answer a variety of questions related to Spare Parts Planning, taking it step-by-step from diagnosis to assessment and recommendation.
Planners are the backbone of Baxter Planning. They know all the ins and outs of Service Parts Planning but getting them up and running to address the unique and complex needs of our customers does take time and process.
When it comes to Parts Planning, you know it’s hard enough to forecast what you’ll need to properly service customers in the future. (We covered that topic in part one of this blog series.
As a service organization, you live and die by your ability to meet Service Level Agreements (SLAs), which requires access to the right parts at the right time. But simply having all the right materials on hand isn’t enough to run a thriving business.
To close out our series of prophecy blogs, we’ll end with an appropriate point: that conjuring accurate “predictions” shouldn’t require psychic abilities. It requires data, not a crystal ball.
Hey, Baxter Planning Blog reader! We have a new on-demand audio series we think you might like. It’s called Spare Talk
In case you missed our whitepaper “Service Supply Chain Prophecy: 2021 and Beyond” and our webinar of the same name, we want to offer a bit of each of our prophecies here in our blog.
“Digitalization,” “servitization,” “route optimization”: You’ve heard the list of “ations” that’ll future-proof your business.
According to Newton’s third law, for every action there’s an equal and opposite reaction. 2021 will be a reaction of sorts to the events, and lack of events, in 2020.
We’ve all experienced the impacts of 2020. Offices sat empty as most daily routines moved into the home. Business and personal travel dwindled to record lows. Many of the shifts of 2020 weren’t just temporary; they disrupted the status quo and presented organizations with a lingering batch of challenges.