Remove 2022 Remove Forecasting Remove Inventory Remove Sourcing
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2022 Forecast: Supply Chains Become Critical Infrastructure

ToolsGroup

Let’s kick off 2022 with a little thought experiment… What’s a problem affecting every nation on earth? All this led to global supply chain disruptions and inventory build-ups, wrong inventory mixes, and supply chain shortages in 2022. Image source: New York Times. One that isn’t climate change.

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Baby Formula Deficit: Unfortunate Lessons in Demand Forecasting

Logility

The need for more resilient supply chains and better demand forecasting was becoming more essential. With the rise of companies looking to implement AI into their supply chains, more accurate forecasts are within reach. The FDA closed a manufacturing facility in 2022 due to bacteria-related infant deaths and recalled products.

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ToolsGroup-IHL Group 2022 Retail Inventory Study Shows Diminishing Customer Loyalty Due to Out-of-Stock Concerns

ToolsGroup

Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. In July 2022, IHL and ToolsGroup surveyed U.S. Across other retail sectors, customers have increased their trust in inventory availability from 1-7%. Retailers can counter a staggering $1.9

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ToolsGroup Named a Leader in Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization

ToolsGroup

BOSTON – (August 25, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization. for Global Supply Chain Inventory Optimization, 2022. Source: [link].

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The 2022 Chicken Shortage: What the Cluck is Going On?

ToolsGroup

By this stage in the pandemic, most of us have felt the effects of a globally disrupted supply chain and inventory shortages in some way or another. Image source: Google Trends, as of Feb. Image source: 9 News Twitter. Poultry Prices Are Up in the Face of Low Inventory Levels. Image source: Mashed.

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Prepare for Anything: Supply Chain and Ecosystem Predictions for 2022 and beyond….

The Logistics & Supply Chain Management Society

As we look forward to 2022 and beyond, the overall guidance must be “prepare for anything.” IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022.

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The Top 15 Retail Trends for 2022

ToolsGroup

The Retail Trends Shaping How We Shop in 2022. Data source: eMarketer. As cited in Placer Lab’s Report on the Top 10 Retail Brands to Watch in 2022 , these smaller stores (down to 32,000 sq. Image source: Bring Me the News. eCommerce Purchases and “The New Normal” Retail Categories. Trust Google to have the answer.