Arkieva

AUGUST 5, 2020

In the simple version of supply chain management (SCM) the goal for demand forecasting in the tactical decision tier is prediction accuracy. Machine Learning and AI: Profiling Demand History – A Wiser Forecasting was first posted on August 5, 2020 at 8:11 am.

Forecasting 139

Forecasting Forecasting Software Supply and Demand Modeling 139

ToolsGroup

OCTOBER 14, 2020

All these scenarios of course create huge demand fluctuations companies need to deal with that differ completely from their historical demand forecasts. Of course, demand forecasts are the biggest concern people have. They need to apply corrective actions for the forecast for next year. Keep communication open.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 296

Logility

OCTOBER 29, 2021

Process manufacturers in particular, with their reliance on a consistent ingredient mix, have unique challenges that require accurate forecasting to keep up with manufacturing demand. Granular forecasting at the SKU level. With the right technology, process manufacturing strategy, planning, and management can be simplified.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

10% increase in both forecast accuracy and revenue. By implementing Blue Yonder’s Luminate Planning platform, Mahindra leveraged the benefits of key demand forecasting, inventory management, and replenishment planning capabilities. 10 Huge Benefits of eCommerce Businesses for Retailers & Buyers – LogiSYM August 2020.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Forecasting Software Modeling 179

GlobalTranz

JULY 8, 2020

The global reverse logistics market is forecast to hit US$603.90 The post What Is Reverse Logistics’ Role in 2020 Supply Chain Trends appeared first on Transportation Management Company | Cerasis. It’s the same story; customers want more and more. And, it’s time for businesses to really consider the facts. billion by 2025,read More.

Reverse Logistics 254

Reverse Logistics Trends Forecasting Logistics 254

Arkieva

FEBRUARY 18, 2020

In a recent blog on Inventory Forecasting the core challenges and business importance of estimating inventory are outlined. Optimized” Inventory Forecasting a Co-Product of Optimized Central Planning was first posted on February 18, 2020 at 8:08 am. Please contact me at hyeboah@arkieva.com.

Forecasting 101

Forecasting Modeling Optimization Modeling Supply Chain Optimization 101

Arkieva

OCTOBER 14, 2020

Insight from Applied Statisticians for Forecasting: Is It Worth the Effort and the Mirage of Random Variation was first posted on October 14, 2020 at 8:09 am. In this blog, we will illustrate through an example of these potential pitfalls (unanchored, random variation, and narrow metrics) and potential negative impact on a firm.

Forecasting 138

Forecasting Metrics Examples Modeling 138

GlobalTranz

MARCH 18, 2020

In early 2020, the market forecast for freight looked bright. China trade war appeared at an end, and few disruptions were believed to cause issues in 2020. The post What Are the Most Important 2020 Freight Metrics to Know? The post What Are the Most Important 2020 Freight Metrics to Know? The turmoil of the U.S.-China

Metrics 156

Metrics Freight Forecasting China 156

Supply Chain Management and Analytics

FEBRUARY 10, 2020

It is 2020; we now have reasonably accurate short-term weather forecasts. Based on our recent work with a Fortune 100 CPG company and a very large small-format retail chain that sells many of that company’s products, we gained an enhanced understanding of weather-based demand forecasting in the commercial world.

Forecasting 59

Forecasting Modeling Forecasting Software Demand Planning Software 59

Convey

APRIL 8, 2020

Already, 2020 has been a big year for retail disruption as the COVID-19 outbreak […]. The post Last Mile Trends: Forecasting Supply Chain Resilience in 2020 appeared first on Convey.

Forecasting 52

Forecasting Trends Supply Chain Supply and Demand 52

DynaSys

APRIL 28, 2021

We should not consider year 2020, and probably H1 2021, as a relevant set of data for forecasting calculation. So, should I pick 2019 as the new reference, and delete 2020 from my data? My next S&OP run is coming, and I must find a solution to deal with sales forecasting after Covid. in march 2020, it’s now 1.2)

Forecasting 52

Forecasting Forecasting Software Optimal Sourcing S&OP 52

AIMMS

FEBRUARY 3, 2020

2020 seemed a world away just a few years ago and yet, here we are. Demand Forecasting, an ongoing challenge . This means demand forecasting will be an ongoing challenge this year. . This means demand forecasting will be an ongoing challenge this year. . The vast majority are eager to improve forecast accuracy.

Prescriptive Analytics Software 334

Prescriptive Analytics Software Modeling Supply Chain Planning Software Scenario Planning 334

Supply Chain Matters

JANUARY 11, 2023

Supply Chain Matters provides highlights of the World Bank ’s latest global economic forecast which points to a sharp, long lasting downturn in the global economy. A reinforcement of that message was provided this week with the World Bank significant lowering its forecast for the global economy in 2023. is forecasted to be 0.5

Forecasting 52

Forecasting Global Indonesia Supply Chain Planning 52

Logistics Bureau

NOVEMBER 1, 2021

And are you struggling with cost and forecasting challenges? At Logistics Bureau, we have supply chain consultants available to help you improve volume forecasting and attain the most favourable container freight rates possible, even during this period of pandemic-induced turmoil. Increase Forecast Accuracy to Attain Lower Rates.

Forecasting 78

Forecasting Negotiating Skills Cost Reduction Strategies Freight 78

ThroughPut

OCTOBER 7, 2022

Step Up Demand Planning Efforts with a Robust Forecasting Model . Demand forecasting can be a game changer in today’s volatile environment. Infact, according to McKinsey , applying AI-driven demand forecasting to supply chain management can cut down errors by 20-50% and this helps reduce lost sales by 65%.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

EazyStock

MARCH 22, 2022

Fluctuating demand and supply volatility have made accurate demand forecasting even more challenging for two reasons: Using last year’s sales data as a base for forecasts is a ‘no go’, as demand fluctuations due to the pandemic skew the data. Consequences of poor demand forecasting. Use appropriate historical data.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Modeling 52

Kinaxis

JANUARY 9, 2020

But in 2020, I expect we’ll see this pace of innovation continue. As the millennial and Gen Z cohorts continue to become more of the buying market (by 2020 they will make up 64% of the world’s population according to Forbes ), their preferences will only further dictate where the industry leans. The electric age accelerates.

Automotive 176

Automotive Predictive Analytics Software Industrial Industry 176

Supply Chain Shaman

OCTOBER 8, 2019

The fall ritual precedes the dropping of the ball on Times Square to ring in 2020. The budget is not sufficient and is often a detrimental input for supply chain forecasting. Why Is the Financial Forecast Not a Good Proxy for a Supply Chain Forecast? The supply chain forecast is a rolling forecast.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

The Logistics & Supply Chain Management Society

JULY 20, 2020

Time to products restocking, automating repeat purchases could be made simpler by enabling a customer inventory demand to forecast while big data analytics enable real-time focus and simultaneous analysis of diverse data streams generating valuable information for forecasting and planning. 2020), Impact of Industry 4.0

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

AIMMS

SEPTEMBER 28, 2020

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Gartner’s Hype Cycle for Supply Chain Strategy, 2020 offers some guidance. AIMMS in Gartner’s Hype Cycle for Supply Chain Strategy, 2020. The machine learning algorithm then continually fine tunes the forecast model through each forecasting cycle.

Prescriptive Analytics Software 415

Prescriptive Analytics Software Supply Chain Design Software Modeling Supply Chain Planning Software 415

Arkieva

JANUARY 16, 2020

Inventory Forecasting is the process in which the historical sales data, historical purchasing data, current demand planning, planned production, and distribution resource plan data are used for predicting inventory levels in a future time period. What is Inventory Forecasting & Why your Business needs it?

Forecasting 62

Forecasting Inventory Supply and Demand Supply Chain Planning 62

ToolsGroup

MARCH 3, 2021

This article will explore the different retail channels and reveal tips for finally mastering demand forecasting for the fashion industry. dollars in 2020 to about 2.25 dollars in 2020 to about 2.25 Requirements for demand forecasting in the fashion industry. Fashion industry demand forecasting is more complex than ever.

Supply and Demand 296

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 296

Logistics Viewpoints

AUGUST 5, 2020

In April I discussed the widespread impact of the Covid-19 pandemic on supply chain and fulfillment, and provided a WMS market update in which I predicted a market downturn in 2020 to be followed by a rebound in 2021. During the process of developing my WMS market forecast, I made assumptions for each quarter of 2020.

Warehousing 297

Warehousing Forecasting Logistics Forecasting Software 297

Supply Chain Shaman

DECEMBER 28, 2020

When I started my business in 2012, I frequently wrote about the future using the moniker of Supply Chain 2020. At that time, Supply Chain 2020 seemed so far away. I then want to illustrate the point by sharing some client experiences in 2020. (I The SAS forecasting system implemented in 2019 was not tested for model accuracy.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

AIMMS

FEBRUARY 3, 2020

2020 seemed a world away just a few years ago and yet, here we are. Demand Forecasting, an ongoing challenge . This means demand forecasting will be an ongoing challenge this year. . This means demand forecasting will be an ongoing challenge this year. . The vast majority are eager to improve forecast accuracy.

Modeling 156

Modeling Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Software 156

Supply Chain Shaman

MARCH 21, 2023

Organizational Alignment Organizational Alignment in 2019 I believe that there are five root issues increasing inventory: Decrease in Forecastability. When I work with clients, nine out of ten, have a negative Forecast Value Added (FVA). 50 making it difficult to forecast with traditional techniques. increase in January.

Inventory Reduction 382

Inventory Reduction Inventory Price Reduction Cost Reduction Strategies 382

ThroughPut

JULY 6, 2021

Thriving In ‘The New Normal’ With 5 Demand Planning & Forecasting Methods. Businesses around the world are pondering upon these questions and each of them leads to a simple answer – effective supply chain demand planning and forecasting. Most manufacturers prefer to leverage analytics data over traditional forecasting methods.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

ToolsGroup

DECEMBER 10, 2019

Against this backdrop, our 2020 predictions represent insights from across the ToolsGroup community for technology and practices that support greater supply chain resilience. Based on probability (or stochastic) forecast models, these algorithms exploit the inherent uncertainty of demand and supply. I hope you enjoy the read!

Modeling 156

Modeling Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 156

o9 Solutions

NOVEMBER 1, 2021

The Netflix Original ‘The Queen’s Gambit’, a story about a young female chess prodigy, was released on 23rd Oct 2020. Leveraging the intent from external data feeds like these crystalize the picture of real-time market demand and enable planners to make more accurate forecasts to meet a temporary yet volatile demand spike.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

EazyStock

JULY 7, 2020

Here, we’ll review the demand forecasting challenges brought about by COVID-19 and how SCM teams can use inventory optimization to find solutions. COVID-19 and Demand Forecasting Challenges. Without a crystal ball to predict the future, demand forecasting will remain very difficult.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Modeling 52

Demand Solutions

MARCH 27, 2020

This past March, Tim Carroll, Product Availability Team Captain at AutomationDirect, was presented the 2020 World-Class Culture Award at the Atlanta Supply Chain Awards (ASCA). They're the teams responsible for forecasting inventory requirements, managing inventory replenishment functions and sourcing inventory from suppliers.

Atlanta 173

Atlanta Supply Chain Planning Supply Chain Software Supply Chain Strategy 173

DELMIA Quintiq

APRIL 6, 2020

Demand planning, however, gets even tougher for manufacturers with the COVID-19 outbreak in 2020. Dr. Rob Hyndman, forecasting expert at Monash University in Melbourne, Australia, recently wrote in his blog ( [link] ) the methods used to forecast the spread of COVID-19. Smart planning to the rescue.

Scenario Planning 296

Scenario Planning Supply Chain Planning Software Food Modeling 296

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Managing inventory to ensure optimal volumes while tracking data along the way can be extremely complex and inaccurate demand and supply signals can cause stockouts, supply chain disruptions and inventory build-up like the ‘bullwhip effect’ – which is caused when forecasts yield supply chain inefficiencies.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

Experts and pundits are forecasting wholesale changes to every industry and every part of life, but only a minority of these forecasts of massive, permanent change will bear out. Others are wishful thinking on the part of ideologically or emotionally motivated forecasters,” writes the firm on their website. World order.

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Modeling 100

ToolsGroup

AUGUST 1, 2023

ToolsGroup is a Microsoft recommended partner in supply chain planning and an active member of the Microsoft Partner community, having also earned Microsoft’s Best ISV Solution Innovation Award in 2020. ToolsGroup has also merited G2’s “Users Love Us” and “High Performer Spring 2023” badges, thanks to customer feedback.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Forecasting Forecasting Software 156

The Logistics of Logistics

APRIL 21, 2023

Prior to Flock, he played key leadership roles (including Chief Strategy Officer from 2010-2020) at Coyote Logistics – a UPS Company, a leading provider of non-asset based 3PL solutions across North America and Europe. To learn more or to subscribe to the 2023-24 series, visit www.pickettresearch.com.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Forecasting Software Freight Network Design Software 197

Supply Chain Management and Analytics

FEBRUARY 27, 2020

To do that, they need smarter and more agile forecasting and replenishment systems. . The 2020 Gartner Market Guide for Retail Forecasting and Replenishment Solutions* has recognized Solvoyo as a Representative Vendor. . For retailers, customer-centric inventory management is the key to maximizing sales potential.

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Software 52