Tag: R
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Your Line Chart Is Hiding 8 Patterns: How to Find Them with fpp3
Four datasets. Identical statistics. Completely different shapes. If you’re not plotting your demand data before forecasting it, you’re flying blind — and fpp3 gives you the visual toolkit to see what your spreadsheet hides.
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Your First Forecast in 15 Minutes: A Supply Chain Pro’s Guide to R, RStudio & FPP3
You convinced your boss R is better than Excel. Now what? Install it, load fpp3, and produce your first real forecast — all before your coffee gets cold.
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Stop Forecasting in Excel: Why R Is the Only Serious Tool for Supply Chain Demand Planning
Excel can’t do seasonality, model comparison, or prediction intervals without heroic effort — R does all three in six lines of code. Here’s why April is the month you finally make the switch.
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The Most Expensive Word in Procurement: Minimum
Minimum Order Quantities silently drain working capital across thousands of SKUs. We analyze 30 real-world parts, calculate the true carrying cost of MOQ overbuys, and show three strategies that cut excess inventory by 47% — with R code and an interactive calculator.
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I Scored 10 Fortune 500 Giants as Suppliers: Wall Street Would Not Agree
I applied a multi-dimensional supplier risk framework to 10 of the largest Fortune 500 companies — using real public data. The company with the best credit rating scored as the riskiest supplier. Your neighborhood pharmacy landed at number two. Here’s every score, every data source, and the R code to run it on your own…
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Where Should Your Warehouse Be? 12 Lines of R Code Have the Answer
Most companies pick warehouse locations based on gut feel, real estate deals, or where the CEO lives. The optimal location — the one that minimizes total weighted transport cost — can be found with 12 lines of R code. The answer is rarely where you think.
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FPP3: Stop Guessing Which Forecast Model Works — Measure It
Rob Hyndman’s fpp3 ecosystem lets you fit, compare, and evaluate multiple forecasting models in three lines of R code — here’s why supply chain teams should stop fighting Excel and start using a real framework.
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Prophet: The Forecasting Tool That Actually Makes Sense to Non-Statisticians
Meta’s Prophet gives supply chain teams accurate demand forecasts without requiring a statistics degree — here’s how it works, where it shines, and where it doesn’t.