Remove 2018 Remove 2022 Remove Forecasting Remove Inventory
article thumbnail

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. . 1 Adobe Digital Economy Index. About ToolsGroup.

article thumbnail

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] … One of the reasons cited by executives on why they weren’t prepared?

Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

This Could Be Scary: A Halloween Candy Shortage

Enterra Insights

The cost of over forecasting is severe. When you boil it down, a product’s shelf life is very short and if you don’t sell it, that inventory will be discounted shrinking already razor thin margins. 1] Mehr Bedi, “ Hershey warns of Halloween candy shortage ,” Reuters, 28 July 2022. [2] Footnotes. [1]

Logility 246
article thumbnail

Top 5 Logistics Challenges and Solutions for the Manufacturing Industry

GlobalTranz

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. There have been fluctuations in demand that have made forecasting feel impossible. Supply Chain Management and Maintaining Inventory. And manufacturers have been some of the hardest hit.

article thumbnail

Walmart’s Impressive Q4 and FY2023 Financial Performance

Supply Chain Matters

based retailers would provide the best indicators of retail industry customer fulfillment trends including various changing strategies in inventory management and customer fulfilment efforts, along with restoring higher profitability levels. billion in 2022. billion in 2022. billion in 2022. billion, compared with $514.0

article thumbnail

The Green Corridor: Full Circle – The Promise and Struggles of the Circular Economy and Green Supply Chains

The Logistics & Supply Chain Management Society

A study by the University of Michigan in 2018 showed how a patty of plant-based Beyond meat compared to a regular US beef patty of meat. Timing when stores need replenishment or when factory production will increase its demand, will likewise have better forecasting software to lower the overall waste in our inventory and retail systems.