Supply Chain Anna Hegerin Supply Chain Anna Hegerin

3 Steps to Prevent Backorders and Optimize Your Inventory Levels

Optimizing inventory, like most problem-solving, requires a thoughtful process and a few steps. Naturally, the easiest way to prevent backorders is to always have a lot of inventory on hand. There are ramifications for not optimizing inventory, though. By overproducing and maintaining high of inventory levels, products could spoil or even decay. Excess inventory not only creates costs today, it also generates hidden costs later if you need to produce more goods to replace products that sat on the shelf for too long. Read more…

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Supply Chain Anna Hegerin Supply Chain Anna Hegerin

Bullwhip on the Brain? 5 Ideas to Improve Efficiency and Counteract Supply Chain Effects on Your Business


When facing a problem, you've most likely heard the saying "take the bull by the horns." It's often also easier said than done.

COVID-19's economic repercussions have forced businesses worldwide to deal with the phenomenon that occurs in multi-level supply chains where orders at the end of the supply chain, close to the customer, are amplified with each additional supply chain actor. This is called the bullwhip effect.

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Anna Hegerin Anna Hegerin

Maximize Your Halloween Haul with Data-Driven Trick-or-Treating

It’s officially the spookiest time of the year.  

As adults around the world set up Halloween decorations, prepare delicious snacks, and host gatherings, children are busy devising their strategies and scheming to maximize their candy haul during trick-or-treating. After all, it only comes once each year! 

Given the window to collect as much candy as possible is so narrow, we wanted to give your little ones a competitive edge, powered (of course) by Minitab’s Predictive Analytics module. To demonstrate this, we imagined a scenario where data from trick-or-treaters was collected to determine which factors might be most important for maximizing candy haul. 

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