Companies tend to engage in a request for information (RFI), request for quote (RFQ), and request for proposal (RFP) processes to make sure they end up choosing the right software that meets their business and IT requirements. However, I believe there is a major drawback in this traditional process that ignores today’s fundamental improvements in technology and the need for higher speed in business decisions.
Author Archives: Omer Bakkalbasi
Part II – Glasgow 2021: World ready to treat nature better? Maybe.
Paris Agreement in 2015 had an aggressive target of limiting the global increase in temperatures to no more than 2 degrees Celsius by 2030. But in Glasgow 2021, countries with the largest manufacturing & mining base were dragging their feet, and global commerce does not accept much responsibility on this issue.
Coronavirus & The CPG World: What to do now and how to prepare for the future?
At Solvoyo, we are also concerned about the COVID-19 pandemic. Our thoughts are with all human-kind and hope that the global community will come out of this period with the least damage and the most enlightenment. Nothing will be the same in our lives, so let us prepare for a different future together. What does …
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Weather-Influenced Demand Forecasting in 2020: 6 Key Observations
It is 2020; we now have reasonably accurate short-term weather forecasts. NOAA, the National Oceanic and Atmospheric Administration in the US, reports that the five-day weather forecasts are approximately 90% accurate, 80% for the next seven days, establishing an acceptable level of accuracy for this crucial external input for supply chain planning, especially short-term demand forecasting. …
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Digital Twin is an old idea – just new to supply chain
It has been many decades since a circuit is designed digitally and its performance tested using a digital twin, an architect constructed the building and laid out its HVAC and plumbing on the building’s digital twin, a company invested in a new distribution center only after significant number of simulations and animations on the digital …
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4 Supply Chain Analytics Capabilities For Specialty Retailers
I have two millennial sons. They (and their girlfriends 🙂 ) represent the radically changed customer base faced by specialty retailers. They buy with vastly more info available to them from their mobile phones, tablets or smart watches than perhaps even the most diligent of customers ten years ago. From on-line price comparisons to global visibility …
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Part I – Paris 2015: Supply Chain Managers Need To Start Paying Attention To Climate Change
With climate scientists and negotiators from 190 countries recently announcing a landmark deal to cap the rise in global temperatures to well below 2◦C from pre-industrial levels – now is a good time for everyone to start thinking about what the deal in Paris will mean for their businesses.For supply chain managers – our contribution …
