Supply Chain Shaman

DECEMBER 29, 2016

In a nutshell, the research states there is a correlation between cost, inventory, and forecast performance. In my work I encouraged companies to improve their demand forecasts and advocated, that if this happened, overall performance could improve. This does not mean I think forecasting is an unimportant process. Reflections.

Inventory Reduction 0

Inventory Reduction Supply Chain Planning Software Forecasting Gartner 0

Arkieva

MAY 3, 2017

“It is said that the present is pregnant with the future” – Voltaire Forecasting, therefore, is an attempt to deduce the future from the present. We will explore the practice of forecasting demand in the short to medium term. Demand Forecasting: The Art and Science That Keeps You Guessing was first posted on May 3, 2017 at 12:56 pm.

Forecasting 72

Forecasting Forecasting Software Demand Planning Software Supply and Demand 72

Arkieva

MAY 31, 2017

In this week’s What-if Wednesday post, Arkieva Supply Chain Optimization Consultant – Abhishek Shah – shares the results of a what-if demand forecast simulation using the gamma multiplicative forecast parameter of the Winters forecasting method.

Forecasting 62

Forecasting Forecasting Software Supply Chain Optimization Supply and Demand 62

Arkieva

FEBRUARY 1, 2017

What if scenario forecast simulation: what is the effect of changing the alpha parameter in Holt-Winters method? From time to time, clients ask me about the effect of changing a parameter of a forecasting method. Related: Is Your Forecast Biased Much? We observe that as we increase the value of Alpha the forecast changes.

Forecasting 60

Forecasting Forecasting Software Scenario Planning S&OP 60

Supply Chain Shaman

DECEMBER 28, 2020

The SAS forecasting system implemented in 2019 was not tested for model accuracy. An example for this client would be to use 2017 and 2018 history to forecast 2019. So, I asked the questions, “Is your data forecastable? Data at this level of variability is complicated to forecast.) The reason? The answer?

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Arkieva

MARCH 1, 2017

Seasonality forecast simulation: what is the effect of changing the gamma parameter in Holt-Winters forecasting method? For many manufacturing businesses, seasonality affects near and long term forecasts. Read Previous: What-if Wednesday: Forecast Simulation – Changing The Beta Parameter in a Forecasting Method.

Forecasting 60

Forecasting Forecasting Software Scenario Planning Analysis 60

Arkieva

MARCH 29, 2017

In this week’s What-if Wednesday post , Arkieva Supply Chain Optimization Consultant – Abhishek Shah – shares the results of a what-if demand forecast simulation using the Winters multiplicative alpha parameter. Demand Forecasting Method: Holt-Winters Multiplicative Forecast Parameter Simulation – Alpha.

Forecasting 60

Forecasting Scenario Planning Supply Chain Optimization Supply and Demand 60

Arkieva

APRIL 19, 2017

In this week’s What-if Wednesday post, Arkieva Supply Chain Optimization Consultant – Abhishek Shah – shares the results of a what-if demand forecast simulation using the Winters multiplicative beta parameter. What-if Wednesday: Forecast Parameter Simulation – Beta Multiplicative Method was first posted on April 19, 2017 at 8:00 am.

Forecasting 60

Forecasting Supply Chain Optimization Supply and Demand Price Mitigation Strategies 60

ToolsGroup

JANUARY 3, 2017

Overall, we found our consumer goods customers averaging forecast accuracy in the mid-80s (with monthly aggregation) with inventory levels around 25 days and service levels around 98%. For retail, the forecast accuracy was similar, with service levels above 97% and very dispersed stock levels. Forecast Accuracy. Service Levels.

Benchmarking 168

Benchmarking Supply Chain Planning Scenario Planning Forecasting 168

Elementum

SEPTEMBER 14, 2018

Forecasts also warn that as heavy rains start pouring, flooded roadways may isolate many communities. Forecasts and Updates: Hurricane Florence made landfall near Wrightsville Beach in New Hanover County, North Carolina at about 7 AM local time. Authorities warn that the electricity restoration efforts could last for weeks.

Forecasting 68

Forecasting North Carolina South Carolina District of Columbia 68

Arkieva

JULY 27, 2017

Over the past few months, we’ve been running simulation tests on different demand forecasting methods: Winter’s additive & multiplicative, seasonal and robust seasonal. Then, we used MAPE to determine the forecast accuracy for each method. We compared the Accuracy of 4 Different Demand Forecasting Methods; Here’s What We Found.

Forecasting 63

Forecasting Supply and Demand Modeling Supply Chain Planning 63

Arkieva

JULY 5, 2017

What-if Wednesday: Seasonal Model Forecasting with Seasonal Methods was first posted on July 5, 2017 at 2:50 pm. ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement.

Forecasting 63

Forecasting Modeling Trends Supply Chain 63

Arkieva

JUNE 14, 2017

What-if Wednesday: Holt-Winters Multiplicative Forecast Damping Factor Simulation was first posted on June 14, 2017 at 2:49 pm. This time we are going to run similar tests by adjusting damping factor for the Winters Multiplicative method.

Forecasting 63

Forecasting Supply Chain Supply and Demand 63

BlueYonder

DECEMBER 15, 2017

Retail Sales Jump More Than Forecast. retail sales rose more than forecast in November and the previous month was revised higher, indicating a broad strengthening of consumer demand as the holiday shopping season got under way. This week: U.S. Bloomberg reports that U.S. Holiday Hiring in Flux as Shoppers’ Habits Shift. The post U.S.

Forecasting 40

Forecasting Retail Manufacturing Procurement Procurement Analytics 40

Elementum

SEPTEMBER 19, 2018

Forecasts also warn that as heavy rains start pouring, flooded roadways may isolate many communities. Forecasts and Updates: Hurricane Florence made landfall near Wrightsville Beach in New Hanover County, North Carolina at about 7 AM local time. Authorities warn that the electricity restoration efforts could last for weeks.

Forecasting 60

Forecasting North Carolina South Carolina District of Columbia 60

Talking Logistics

JULY 21, 2017

Cloud Logistics Announces Record Revenue and Network Volume in the First Half of 2017. Cass Truckload Linehaul Index – June 2017. ATA Forecasts Continued Growth for Trucking, Freight Economy. Manhattan Associates Reports Second Quarter 2017 Performance. ATA Truck Tonnage Index Fell 4.3% Have a happy weekend!

Logistics 0

Logistics Forecasting Forecasting Software Mexico 0

BlueYonder

DECEMBER 15, 2017

Retail Sales Jump More Than Forecast. retail sales rose more than forecast in November and the previous month was revised higher, indicating a broad strengthening of consumer demand as the holiday shopping season got under way. This week: U.S. Bloomberg reports that U.S. Holiday Hiring in Flux as Shoppers’ Habits Shift.

Forecasting 40

Forecasting Retail Manufacturing Procurement Procurement Analytics 40

ToolsGroup

SEPTEMBER 5, 2017

For several years there has been a commonly held belief that focusing on improving demand forecast accuracy should be a top priority for Chief Supply Chain Officers (CSCOs). But despite best efforts, improving forecast accuracy (or reducing forecast error) at many companies has hit a ceiling.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Planning Modeling Supply and Demand 185

Logistics Viewpoints

JULY 19, 2021

If a change is made to what a customer forecast is expected to buy, for example if the customer appears to want to buy 10 percent more of certain products, the linkage to the effects on what factories can produce and how other customers would be affected are clear. Planners come up with data-proven forecasts on what the market may buy.

Supply Chain Planning Software 264

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 264

ToolsGroup

JANUARY 10, 2017

Unmanned coffee stations transmit POS data every 15 minutes to help a highly autonomous planning system forecast demand, optimize inventory, and generate replenishment proposals for distribution and procurement.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 120

ToolsGroup

OCTOBER 24, 2017

However, she disagrees with DDMRP’s principles of forecasting and the use of demand sensing technologies. She says she believes DDMRP “buffers are only a piece of the answer” and that “forecasting plays a vital role in determining the rules for inventory buffers.” by Lora Cecere, May 5, 2017. She likes DDMRP flows and buffers.

Supply Chain Planning Software 185

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 185

Talking Logistics

SEPTEMBER 24, 2019

The construction industry is growing thanks to a strong economy, forecasted to reach $1.2 trillion in the US by 2020, according to Tradesmen International, and the global construction output is forecast to rise to $12.7 trillion in 2017 per Orbis Research. Read more Forecast for 2025 Construction Technology.

Forecasting 100

Forecasting Forecasting Software Logistics Network Optimization Software Research 100

Arkieva

MARCH 7, 2017

From discussions on enabling advanced business processes and improving supply chain visibility, to supply chain technology trends, the SAPInsider SCM 2017 in Orlando Florida, is set to be a fun learning and networking experience for supply chain professionals using SAP systems.

Supply and Demand 60

Supply and Demand Demand Planning SCM Supply Chain Planning Software 60

Logility

SEPTEMBER 19, 2017

From a supply chain standpoint the battle for new product profitability relies largely on two key capabilities, developing accurate new product forecasts and optimizing new product inventory. Gartner 2 recently reported that for every 1% of forecast improvement a CP company can achieve: A 2.7%

Inventory Reduction 103

Inventory Reduction Optimal Sourcing Modeling Inventory 103

Supply Chain Shaman

AUGUST 7, 2019

Orbit Chart for the Chemical Industry for the Period of 2010-2017 at the Intersection of Inventory Turns and Operating Margin. Determine Forecastability and Forecast Value Added (FVA). Executives will ask, “What is a good target for forecast error?” Then analyze Forecast Value Added (FVA). Step Three.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

Enterra Insights

APRIL 6, 2021

That’s where forecasting and predictive analytics come into play. You might be asking yourself: What is the difference between traditional forecasting and predictive analytics? In contrast, forecasting provides overall aggregate estimates, such as the total number of purchases next quarter. insideBIGDATA, 3 February 2020. [4]

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

RELEX Solutions

NOVEMBER 7, 2017

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.

Forecasting 28

Forecasting Sourcing Strategies Forecasting Software Optimal Sourcing 28

Talking Logistics

JUNE 23, 2017

FedEx forecasts higher profit for FY 2018 (Reuters). Cass Truckload Linehaul Index – May 2017. JD.com chief Richard Liu sees drone delivery as the way to reach China’s rural consumers (CNBC). ATA Truck Tonnage Index Jumped 6.5% Lots of buzz this week following Amazon’s announced acquisition of Whole Foods.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Logistics Supply Chain Network Software Food 0

Supply Chain Matters

NOVEMBER 21, 2023

That number is noted as being 15 million more people than 2022 and is reportedly the highest estimate since NRF began tracking this data in 2017. The survey, conducted in the period of November 1 through November 6, reportedly polled 8,424 adult consumers about their holiday shopping plans and has a margin of error of plus or minus 1.1

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Forecasting Supply Chain Planning 52

Tompkins Blog

FEBRUARY 7, 2017

By Gene Tyndall Executive Vice President, Tompkins International I am pleased to offer my predictions for supply chains in 2017. To begin with, I am avoiding the obvious forecasts for the year, for example: • The U.S. The post My Top 3 Supply Chain Predictions for 2017 appeared first on Tompkins International.

Supply Chain Planning 40

Supply Chain Planning Supply Chain Forecasting Scenario Planning 40

RELEX Solutions

NOVEMBER 23, 2017

RELEX is looking for the best Retail and Supply Chain Master’s Thesis submitted in a European university during the year 2017. The competition is open to anyone who has submitted a retail and supply chain planning related master’s thesis in a European university during the year 2017. Who can apply? How to apply? Competition jury.

Europe 52

Europe Sweden Supply Chain Planning Retail 52

Enterra Insights

AUGUST 11, 2022

If floods, heatwaves, and droughts aren’t enough to keep supply chain managers up at night, “forecasters at NOAA’s Climate Prediction Center, a division of the National Weather Service, are predicting above-average hurricane activity this year.”[3] What’s the forecast? ” Hurricane Preparations.

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Forecasting Software 130

Enterra Insights

JUNE 1, 2021

Back in 2017, Andrew Busby ( @andrewbusby ), Founder and CEO of Retail Reflections, declared, “Cognitive computing is forever changing how we shop. 4] • Forecasting : Paul Winsor ( @PaulWinsor1969 ), general manager of retail at DataRobot, observes, “The really impactful part [of cognitive analytics] is around forecasting.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

NFI Industries

JANUARY 24, 2017

Bob Costello, chief economist for American Trucking Association, put it best “Forecasting has gotten more difficult. But] things are pointing in the right direction 1.” The transportation industry is in a unique place where various political and economic factors could have an immense effect on the industry at any time.

Transportation 60

Transportation Forecasting Industrial Industry 60

Talking Logistics

JUNE 29, 2017

The answers were revealed at the SummerCon 2017 conference a couple of weeks ago where LLamasoft introduced “Planning by Design” and SupplyChainPlanning.com, which the company describes as “building blocks to improve your current planning capabilities through design technology.”. What would this “next generation solution” be?

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 60

Talking Logistics

OCTOBER 27, 2017

UPS Forecasts Another Record-Breaking Holiday Shipping Season. Ryder Reports Third Quarter 2017 Results. UPS announces U.S. rate hikes, new peak surcharges for 2018 (Reuters). Alphabet looks to snowy Michigan to test self-driving cars (Reuters). Daimler Steals Tesla’s Thunder With Heavy-Duty Electric Truck (Bloomberg).

Logistics Network Optimization Software 102

Logistics Network Optimization Software Modeling Software Forecasting Software Supply Chain Network Software 102

ToolsGroup

AUGUST 8, 2017

Source: Supply Chain Insights, “The Power of Downstream Data”, July 2017. It translates demand streams into a demand signal for each Stock Keeping Unit (SKU)-Location for a reliable forecast. As a result, the product forecast is a poor indicator of what will sell. POS data helps sense and respond to localized demand.

Supply and Demand 174

Supply and Demand Data Forecasting Supply Chain Planning 174