Author: Pjotrs Kurtukovs

The graphic show sales and earnings development 2013-2022. In 2019, S&OP became operational. As of 2020, sales and profits began to rise substantially. And all this happened while COVID-19 delivery restrictions started in 2020 and the next supply chain challenges began due to the war between Russia and Ukraine. The company has an excellent system … Continue reading Another one success story of S&OP implementation

On the graph you may see results of S&OP implementation, then all departments know what will happen. All the old supply chains have been broken because of the geopolitical challenges of the last three years and, in Europe, many producers are suffering from a shortage of production material. As part of the implementation of the … Continue reading Example of optimal usage of resources because of S&OP

In today’s data-driven world, businesses are increasingly relying on analytics to drive decision making and gain a competitive edge. However, despite the undeniable benefits of analytics, many managers exhibit fear or resistance towards embracing this powerful tool. This article aims to explore the reasons behind managers’ apprehensions and discusses strategies for overcoming the challenges associated … Continue reading Why Managers Are Afraid of Analytics: Overcoming the Challenges of Data-Driven Decision Making

Automation has revolutionized many aspects of our lives, including the way we work. With advancements in technology, automating everyday routine jobs have become more accessible and affordable than ever before. While some may worry that automation will lead to job losses and a lack of human interaction, there are numerous reasons why automating everyday routine … Continue reading Automation : 1 hour = 1 minute

Forecast and prediction are two terms often used interchangeably, but they are not exactly the same thing. Both of them involve making an educated guess about the future, but they differ in their level of precision and accuracy. Forecasting is a method used to predict future events or trends based on historical data and statistical … Continue reading Forecast vs Prediction

Planning for 3 weeks and 3 months can involve different approaches, considerations, and outcomes, depending on the nature and scope of the plan. Planning for 3 weeks typically involves shorter-term goals and objectives, with a focus on immediate actions and tasks that can be accomplished within a relatively short timeframe. This type of planning may … Continue reading Planning for 3 weeks and 3 months – Difference significant.

It was quite an unpleasant news personally for me because I’m really fan of Tupperware. My kitchen almost to 90% in Tupperware products – high quality, in most cases great functionality. https://www.today.com/food/news/tupperware-out-of-business-warning-rcna79142 This article definitely not about Tupperware as a product, but, about a company with 77 years history and finally has financial problems. The … Continue reading Tupperware warns it could go out of business – When managements realize this?

The decision to outsource work or hire employees is an important one that can have a significant impact on the success of a business. There are advantages and disadvantages to both approaches, and the choice ultimately depends on the specific needs of the company. In this article, we will explore the pros and cons of … Continue reading Outsourcing vs. Hiring: Which Is Better?