Remove 2014 Remove Forecasting Remove Inventory Remove Supply Chain
article thumbnail

Why CPG Demand Forecasting Has Hit a Ceiling

ToolsGroup

Most CPG companies have hit a demand forecasting ceiling. And complexity creates a challenge of how to forecast accurately when faced with new items, new channels and demand shaping. Recent evidence strongly suggests that traditional forecasting techniques in this environment have reached their limits and hit a ceiling.

article thumbnail

One Multinational’s Supply Chain Transformation Journey

Logistics Viewpoints

A large multinational is undergoing an impressive supply chain transformation that will run through 2023. A Complex Supply Chain. Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supply chain. Comand and Control Center Application from Kinaxis.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Inventory Planning vs. Inventory Optimization: What’s the Difference?

ToolsGroup

What’s the difference between traditional inventory planning and inventory optimization? Optimizing your inventory is a different beast than simply planning your inventory. They face a complex distribution network and optimizing inventory for each location is challenging. Anyone can come up with a plan.

article thumbnail

Causal Artificial Intelligence and Supply Chain Performance

Enterra Insights

Supply chain professionals have always depended on forecasting to help them balance supply and demand. The difference between traditional forecasting and predictive analytics is granularity. In contrast, forecasting provides overall aggregate estimates, such as the total number of purchases next quarter.

article thumbnail

Top 15 Logistics Stories of 2022

Logistics Viewpoints

In early November, my colleague Steve Banker wrote an article looking at the top supply chain trends for 2023 and beyond. Supply chain disruptions have brought about an age of innovation. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint.

article thumbnail

Holding Ourselves Accountable for Business Results

Supply Chain Shaman

As a guest writer for Forbes, public relations firms constantly pepper me with requests to speak to technologists boasting of having answers to improve supply chain resilience. I strongly believe that historical supply chain practices are not the answer. They need to evolve to help today’s supply chain business leader.

article thumbnail

A Fast Solution To Slow Movers in Blue Yonder Fulfillment

BlueYonder

How many inventory dollars are tied up in C and D items? Any SKU that is currently stocked at the proper level (usually called a presentation stock) and has any forecast at all will call for a replenishment as soon as possible. The post A Fast Solution To Slow Movers in Blue Yonder Fulfillment appeared first on Supply Chain Nation.