Remove newsletters
article thumbnail

Logistics Report: Forecasting More Shipping Delays; Cargo Swamps Airports; Alibaba’s Shifting Compet ition

Operations and Supply Chain Management

Forecasting Shipping Delays; Cargo Swamps Airports; Alibaba’s Challenge. Hunt’s third-quarter earnings signal a strong market for freight operators, but increasingly restrained economic forecasts suggest clouds on the horizon. Sourcing Journal). Miner Rio Tinto downgraded its shipment forecast for Australian iron ore.

article thumbnail

Lifting The Gray Curtain

Supply Chain Shaman

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. ” Her answer was telling.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

More Accurate Promotion Forecasting with Causal Modelling

RELEX Solutions

More accurate promotion forecasting with causal modelling. It’s inevitable that the management and forecasting of promotional activities must keep up the pace with this trend. To cope, sophisticated promotion forecasting and planning methods is necessary. Insights » Whitepapers. Author: Aki Ali-Vehmas, Data Scientist.

article thumbnail

Buyers Newsletter

Herlitz Inventory Management

Buyer’s Newsletter – Long Term Outs. The first step is to identify these items by using a Float Tag (Item or SKU), so it shows on the top of the Item Forecasting and Maintenance Tabs. If you expect to be out of inventory for 1-6 weeks, then SALSA cleansing will help keep your forecast very close to reality.

article thumbnail

Fresh Forecasting & Replenishment: Running an Efficient Omnichannel Grocery Retail Operation

RELEX Solutions

Fresh Forecasting & Replenishment: Running an Efficient Omnichannel Grocery Retail Operation. Accurate forecasting is at the core of increased operational efficiency as it is key to accurately match resources, such as stock and personnel, with demand. Forecasting for Different Sales and Fulfillment Channels.

article thumbnail

11 supply chain management best practices

Taulia

Source suppliers strategically Supply chains are ultimately made up of suppliers. So, choosing the right suppliers – a process known as strategic sourcing – is vital when it comes to establishing a strong and efficient supply chain that ensures business objectives are met.

article thumbnail

Getting Down to Brass Tacks: Can We Really Collaborate?

Supply Chain Shaman

Source Wikipedia. Additionally, get good at forecasting. Measure your own Mean Absolute Error (MAPE) of your forecast and focus on driving improvement. Today, there are only two retailers that have forecast accuracy that is good enough to drive value downstream for trading partners. Drive a difference. What do you think?