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ToolsGroup Acquires Mi9 Retail’s Demand Management Business

ToolsGroup

Mi9 acquired this division through its acquisition of JustEnough Software in 2018. 1 According to Gartner, nearly all retailers are planning to invest to make their supply chains more agile (96%) and resilient (90%) by 2022. Accel-KKR initially invested in ToolsGroup in 2018. .

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This Week in Logistics News (November 25 – December 1)

Logistics Viewpoints

million shoppers and the NRF’s forecast for about 182 million people during the five-day weekend. million people in 2022 to 121.4 It also uses artificial intelligence to forecast daily demand for over 400 million products, predicting where in the world they are likely to be ordered. That compared with just 2 percent in 2018.

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Are You Prepared for a Climate-Change Charged Hurricane Season?

Enterra Insights

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] 4] Doyle Rice, “ The 2022 Atlantic hurricane season starts today.

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The Real Winner at the 2022 World Cup? Supply Chain.

BlueYonder

The entire world is gearing up for the 2022 FIFA World Cup , held in Qatar from Nov. According to FIFA, a staggering 3.572 billon people watched the 2018 World Cup Russia, with 1.12 In the ever-changing world of international sports, relying on static demand forecasts and manual calculations is sure to lead to relegation.

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You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

When the ball drops on Times Square to welcome in 2022, the employees at the Port of Long Beach will celebrate moving 9 M TEUs in imports: a 26% increase year-over-year. Prior to 2018, when an ocean carrier booked a shipment they had to provide a chassis. China’s public holiday will be from January 31 to February 6, 2022.

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Seasonal Inventory and 7 Ways to Manage It Effectively

ToolsGroup

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Expectations for the 2022 Holiday Season and Beyond. Migration Patterns.

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This Could Be Scary: A Halloween Candy Shortage

Enterra Insights

The cost of over forecasting is severe. 1] Mehr Bedi, “ Hershey warns of Halloween candy shortage ,” Reuters, 28 July 2022. [2] Nestle Warns Of Halloween Supply Issues ,” Marketing Daily, 29 July 2022. [3] The staff at Logility observes that holiday supply chains are stressed even during the best of times.

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