Logility

AUGUST 14, 2020

Forecasting is an “inexact science” that relies on the data available to you, the math you use, and how you implement the forecast. And your forecasting success is fundamentally impacted by your understanding of that data, its strengths and limits. How you roll up your data for forecasting fundamentally impacts accuracy.

Forecasting 147

Forecasting Forecasting Software Demand Planning Software Modeling 147

ToolsGroup

NOVEMBER 27, 2018

Editor’s Note: Two years ago we posted a blog about how to set an annual forecast accuracy target and it was one of our most popular topics. It seems as if everyone is looking to improve their forecasting performance. How much can you realistically expect to improve your forecast accuracy each year?

Forecasting 214

Forecasting Forecasting Software Supply and Demand Modeling 214

ToolsGroup

APRIL 25, 2023

ATD will share how collaborative forecasting improved supplier performance and revolutionized its supply chain for business-wide benefits, thanks to ToolsGroup’s AI-driven planning solutions BOSTON – April 25, 2023 – ToolsGroup announced today that we are exhibiting at the Gartner Supply Chain Symposium/Xpo 2023 in Orlando Florida, May 8-10.

ToolsGroup 156

ToolsGroup Gartner Florida Inventory Reduction 156

Logility

JANUARY 12, 2024

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. The Apparel Industry’s Forecasting Maze Mastering the art of forecasting is critical in the apparel industry.

Inventory Reduction 246

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 246

Supply Chain Shaman

APRIL 16, 2024

The focus is on the platform; in each presentation, the company struggles to answer the question, “What problem do you solve? At the event, presentation after presentation focused on improving engines. Focus on improving operating margin, inventory turns, and revenue/employee simultaneously. Faster and Better Engines.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 219

ToolsGroup

MARCH 28, 2024

Facing the challenge of overstock and the need to enhance sell-through rates, PittaRosso implemented an automated markdown optimization solution leveraging historical sales data, comprehensive market insights, and inventory analytics. increase in sell-through, alongside improved inventory efficiency, contributing to a €4.2

Italy 156

Italy ToolsGroup Inventory Reduction Price Reduction 156

ToolsGroup

JUNE 22, 2021

ToolsGroup’s supply chain planning software allows Italy’s largest grocery retailer to improve forecast accuracy, model promotional events, and improve visibility and collaboration with cooperatives. Conad (Consorzio Nazionale Dettaglianti) is the largest organization of independent retail entrepreneurs present in Italy.

Forecasting 120

Forecasting Forecasting Software Supply Chain Planning Software ToolsGroup 120

Supply Chain Shaman

MAY 1, 2018

RFPs and powerpoint presentations are the worst way to buy decision support technologies like supply chain planning. This is especially true for forecasting. I find that too many companies try to buy forecasting software through a Request For Proposal (RFP). How forecastable is your product set? Analyze your data.

Forecasting 158

Forecasting Forecasting Software Supply Chain Planning Software Demand Planning Software 158

ThroughPut

DECEMBER 5, 2023

Accurately forecasting sales with fluctuating demand cycles is difficult to achieve, and yes, there’s a direct impact: the less accurate the sales forecast, the less precise the stocking levels. The lack of forecasting accuracy can easily spill hardship into other departments. What is Demand Forecasting?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

AFFLINK

MAY 3, 2019

As businesses scale, they need to investigate the accuracy of their inventory management and forecasting processes. Demand forecasting goes beyond simple estimates of product demand, looking into complex patterns over time to produce more accurate and timely predictions. The Major Pain Points of Inventory Management.

Forecasting 90

Forecasting Forecasting Software Inventory Reduction Demand Planning Software 90

ToolsGroup

APRIL 20, 2023

By implementing ToolsGroup Service Optimizer 99+ (SO99+) , Gaviota has achieved the supply chain trifecta – lower inventory, higher service levels, and improved operational performance. Read Gaviota’s full story and discover the secrets behind ToolsGroup’s unique probabilistic forecasting and inventory management solutions here.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software ToolsGroup Supply Chain Planning 156

The Smart Software

APRIL 17, 2024

Smart Software CEO will present at this year's Epicor Insights event in Las Vegas. If you plan to attend this year, please join us at booth #12 and #710, and learn more about Epicor Smart Inventory Planning and Optimization. The post Smart Software to Present at Epicor Insights 2024 appeared first on Smart Software.

Las Vegas 79

Las Vegas Supply Chain Planning Software Optimization Software Forecasting Software 79

ToolsGroup

MAY 16, 2023

These often included: Collaborating more effectively with suppliers: More organizations are embracing a more holistic supply chain strategy by knowledge-sharing with suppliers to align on lead times, forecasts, and buying projections. Sarah’s insightful presentation on digital transformation drew 125 attendees.

Gartner 283

Gartner Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

Supply Chain Shaman

FEBRUARY 26, 2024

On Friday, I presented an overview of outside-in planning to a consulting group. I love the questions when I present. The implementation of NoSQL for inventory management gives them an inventory signal with little to no process latency. Start by analyzing your Forecast Value Added by demand stream. The reason?

Modeling 209

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 209

Logistics Viewpoints

JUNE 1, 2021

I was excited to place the order right away so my present would arrive in time for Father’s day. Why should we consider Promotion Planning in Inventory Management? Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep. To my delight, I found one that was on promotion.

Inventory Management Software 185

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 185

Logility

SEPTEMBER 3, 2021

(NASDAQ: AMSWA), a leading provider of innovative AI-powered supply chain management and advanced retail planning platforms, today announced that Allan Dow, Chief Executive Officer and President, and Vincent Klinges, Chief Financial Officer, will present virtually at the following investor conference: Jefferies Virtual Software Conference.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimization Software Analytics Software 130

Logility

JANUARY 13, 2022

A live webcast of the presentation will be accessible via American Software’s website and archived for a limited time at www.amsoftware.com/investor-relations. Date: Wednesday, January 19, 2022. Time: 10:00 am ET. Demand Management, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimization Software Analytics Software 130

ThroughPut

DECEMBER 4, 2022

When demand can be anticipated with accuracy, it can be delivered efficiently with demand forecasting techniques. Demand-driven replenishment and fulfillment can help retail planners manage large SKUs, determining each sales location and its optimal inventory targets. Importance of Demand-driven Replenishment.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

ToolsGroup

NOVEMBER 15, 2016

In 2016, it seemed as if everyone in supply chain was looking to improve their forecasting performance. Unsurprisingly, the highest percentage of respondents in a recent Gartner/Supply Chain Digest survey selected forecast accuracy and demand variability as the top barriers preventing them from reaching their broader supply chain goals.

Forecasting 120

Forecasting Forecasting Software Supply and Demand Modeling 120

ShipBob

JULY 9, 2021

And since an ecommerce supply chain consists of several moving parts, how does an online brand go about supply chain forecasting, so they can make better predictions and decisions? There are several supply chain forecasting methods that businesses of all sizes can use that doesn’t involve hiring a psychic. Download the Guide.

Forecasting 98

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Software 98

Unleashed

OCTOBER 14, 2018

Demand forecasting and planning sounds like a complex task requiring input from a team of accountants and economists but, in reality, it’s an easy way to improve your inventory control. Why forecast demand? Strengthening supplier relationships with demand forecasting. A holistic approach to inventory control.

Forecasting 58

Forecasting Forecasting Software Demand Planning Software Supply and Demand 58

ToolsGroup

JANUARY 24, 2017

When it comes to demand forecasting , machine learning can be especially helpful in complex scenarios, allowing planners to do a much better job of forecasting difficult situations. But capturing this behavior is critical to producing an accurate forecast. It's tough to forecast demand for a product without a sales history.

Forecasting 120

Forecasting Forecasting Software Modeling Demand Planning Software 120

Unleashed

OCTOBER 17, 2018

Proper demand forecasting and inventory control can save a company from buying too much or too little of something, which of course avoids expensive overstock scenarios or stockouts. What is demand forecasting? Demand forecasting predicts what customers will buy, how much they will buy, and when they will buy it.

Forecasting 56

Forecasting Forecasting Software Inventory Predictive Analytics Software 56

BlueYonder

JULY 15, 2021

When I’m considering whether to risk cleaning my bike after a ride, I rely on a weather forecast that may or may not materialise. I don’t question whether the forecast is right, I accept that it is uncertain; sometimes it rains, sometimes it doesn’t. Planning inventory relies on an accurate demand forecast.

Forecasting 56

Forecasting Forecasting Software Supply and Demand Modeling 56

Logility

MARCH 21, 2024

AI has presented challenges and opportunities for business leaders seeking to leverage its potential across their organizations to improve efficiency and increase profitability. Myth 8: Generative AI is immune to biases present in training data Generative AI produces predictions based on its training data.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

SYSPRO Smarter ERP

NOVEMBER 21, 2022

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

Optimal Sourcing 111

Optimal Sourcing Inventory Management Software Inventory Reduction Modeling 111

ThroughPut

JUNE 12, 2023

Forecasting has forever been at the heart of efficient supply chain operations – driving the much needed predictability to source raw materials, manufacture products and fulfill customer needs at the right time, right place and in the right quantity. Clearly, supply chain forecasting has become more complex.

Forecasting 52

Forecasting Sourcing Strategies Agile and Lean Supply Chain Cost Reduction Strategies 52

EazyStock

MARCH 22, 2022

Fluctuating demand and supply volatility have made accurate demand forecasting even more challenging for two reasons: Using last year’s sales data as a base for forecasts is a ‘no go’, as demand fluctuations due to the pandemic skew the data. Consequences of poor demand forecasting. Use appropriate historical data.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Modeling 52

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

ToolsGroup

NOVEMBER 9, 2023

With ToolsGroup’s AI-powered demand forecasting, the plant-based food innovator revolutionizes its supply chain, maximizing accuracy, speed, and business performance. ToolsGroup has been an invaluable partner, helping us drive growth and achieve greater efficiency through automation while reducing inventory 10%.”

ToolsGroup 156

ToolsGroup Supply Chain Transformation Supply Chain Planning Software Optimal Sourcing 156

Supply Chain Shaman

JUNE 29, 2021

Using balance sheet data from 2011 to 2019, we chart companies’ progress by peer group on rate of improvement and performance in the metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC). At the end of the presentation, I ask the audience for questions. The reason?

Supply Chain Planning Software 370

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 370

DELMIA Quintiq

APRIL 6, 2020

The key challenge is to not over-produce and stock up on excessive inventory , but at the same time be ready for summer by securing on-shelf availability and fulfillment. But how do you plan for the future while facing the uncertainties of the present? But manufacturers still have to generate demand scenarios.

Scenario Planning 296

Scenario Planning Supply Chain Planning Software Food Modeling 296

Logility

NOVEMBER 28, 2023

The transformation of planning, sensing, and forecasting A key area in the S&OP process where AI is particularly transformative is demand. By moving beyond conventional, backward-looking methods, planning can forecast demand and inventory at the speed of the market. AI can help with that.”

S&OP 130

S&OP Supply and Demand Supply Chain Planning Software Scenario Planning 130

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

ToolsGroup

JULY 26, 2022

Prestigious award presented by Microsoft at the Inspire event. Each year, Microsoft presents the MS Partner Awards to partners who have excelled throughout the year, both in results and collaboration with Microsoft. It was announced at Inspire 2022, the annual event dedicated to the Microsoft partners ecosystem.

ToolsGroup 156

ToolsGroup Optimal Sourcing Supply Chain Planning Software Supply Chain Software 156

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

ToolsGroup

AUGUST 1, 2023

ToolsGroup brings home the prestigious award presented by Microsoft at the Inspire event. This award is just the latest accolade ToolsGroup has earned, having already been recognized as a FeaturedCustomers Market Leader in Demand Forecasting and an Inbound Logistics Top 100 Logistics IT Provider this year.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Forecasting Forecasting Software 156