Seasonality - Supply Chain In 3 Minutes

One of the things we noticed when we started LokadTV was how confusing some of the fundamentals of supply chain science can be. There’s loads of resources out there but none of them get straight to the point and explain things simply or concisely. As such, we decided to have a go ourselves and explain everything you need to know about supply chains in about the time it takes to have a coffee. Our first topic is Seasonality, a trend that can be shown to have an impact on almost every part of daily life.

We explore the basic idea of seasonality and learn how it can be confusing to keep track of due to factors such as noise. We explain the impact this can have and why computers are better than humans at predicting the future. It is widely known that seasonality can lead to uncertainty in amplitude, however another complication is that seasonality can also lead to uncertainty in frequency. So, we try and get to the bottom of how best to approach seasonality in your supply chain.

******
Find out more about seasonality: https://www.lokad.com/definition-seas...
******