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This Week in Logistics News (September 2 – 8)

Logistics Viewpoints

Earlier this morning I was thinking about something different, yet interesting to discuss in the intro paragraph of this week in logistics news. And now on to this week’s logistics news. Garvis designed from the ground up an AI-first forecasting solution now called DemandAI+. So I will. Walmart has spent $3.5

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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

And now on to this week’s logistics news. percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 The most recent awards were the second round of funding, worth roughly $2 billion. The post This Week in Logistics News (January 27 – February 2) appeared first on Logistics Viewpoints.

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4 Steps to Skyrocket Your Demand Forecasting Accuracy

Logility

In the intricate world of supply chain management, the accuracy of demand forecasting often serves as the cornerstone of business growth. Yet, despite its significance, demand forecasting continues to be a thorny issue for many businesses, particularly manufacturers. What is Demand Forecasting Accuracy? Let’s get started!

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Essential Guide for Demand Forecasting in 2024

ThroughPut

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?

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What are the Differences Between Demand Planning and Demand Forecasting?

ThroughPut

In supply chain management, accurately distinguishing between demand planning and demand forecasting is essential yet challenging. The consequences of conflating demand planning with demand forecasting are significant, impacting inventory management, customer satisfaction, and financial health. What is Demand Forecasting?

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Latest Forecast For Global Trade Not Optimistic

Supply Chain Matters

Today, the United Nations Conference on Trade and Development (UNCTAD) issued its latest forecast update on overall global trade, and the narrative is not encouraging or optimistic. exports to China are reportedly down by 2 percent. Outlook for 2024 The current updated UNCTAD forecast provides a more pessimistic forecast for 2024.

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What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

The essence of the question is resilience and the ability to forecast in a variable market reliably. This gets us to the question of what is the role of the forecast?` For most, forecasting is a conundrum full of potholes, politics, and bias. I attempted and failed to: Use Point of Sale Data in Supply Chain Forecasting.