ThroughPut
MARCH 25, 2024
Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. What is Demand Forecasting?
Logistics Viewpoints
OCTOBER 31, 2022
ZF sends the call-off, along with the forecast, not just to their suppliers, but to their carriers and 3PLs. The Transition from Lean to Resilience. No industry has been more committed to lean practices than the auto industry. Lean cuts inventory out of the supply chain. Sobeck explained, are even more important. “We
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New Horizon Supply Chain Blog
AUGUST 30, 2023
Introduction I was recently in a conversation about forecasting with a client team, and one individual, whose background was not in supply chain, asked what the value of demand forecasting is. The link between forecast accuracy and corporate goals is less clear. But that doesn’t make forecasting any less important.
Herlitz Inventory Management
JANUARY 18, 2023
What is Demand Forecasting? Demand forecasting is a vital activity for wholesale and retail purchasing teams. Demand forecasting is a process that helps retailers and wholesalers predict future consumer demand. There are various forecasting methods available, many of which have been used since the early days of modern retail.
New Horizon Supply Chain Blog
JULY 15, 2022
I was recently in a conversation about forecasting with a client team, and one individual, whose background was not in supply chain, asked what the value of demand forecasting is. The link between forecast accuracy and corporate goals is less clear. But that doesn’t make forecasting any less important. Introduction.
Logility
MARCH 21, 2024
During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more.
The Logistics of Logistics
OCTOBER 30, 2023
Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP).
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