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Probabilistic Forecasting: Right Fit for Your Business?

Supply Chain Shaman

When items are on the long tail of the supply chain, demand is lumpy and unpredictable. Here, through a case study, we explain the concepts of probabilistic forecasting (a time of math or an alternative engine) to predict lumpy demand. The Long Tail of the Supply Chain. Reference the video.) Recommendations.

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7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.