EazyStock

OCTOBER 31, 2022

A demand planning team will forecast demand for their stock items so that supply chain and inventory managers can decide what, how much and when they need to order. Many external factors can affect supply and disrupt the supply chain, such as raw material shortages, shipping delays or natural disasters.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Modeling 52

EazyStock

OCTOBER 31, 2022

A demand planning team will forecast demand for their stock items so that supply chain and inventory managers can decide what, how much and when they need to order. Many external factors can affect supply and disrupt the supply chain, such as raw material shortages, shipping delays or natural disasters.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Modeling 52

Logility

AUGUST 4, 2022

Your ship’s come in! Much of the merchandise languishing aboard cargo ships stuck in ports around the world during the pandemic-fueled supply chain crisis has made it to store shelves. Are you interested in learning about more ways a pricing and promotion analysis solution can help with supply chain planning? Read more here.

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

Logility

AUGUST 23, 2016

I have heard a number of supply chain professionals proclaim that their companies should stop forecasting product demand due to poor forecast accuracy. If we could only get closer to true end-customer demand the company could ship exactly what is needed, where and when. It’s the old Push – Pull argument.

Forecasting 100

Forecasting Forecasting Software Supply and Demand Inventory Reduction 100

SYSPRO Smarter ERP

NOVEMBER 30, 2021

A Better Way to Forecast. Manufacturers can use forecasting to support inventory optimization. Gone are the days where you solely had to rely on your sales team creating wishful thinking forecasts. You can even use comparable existing product history as a starting point to model a forecast for a new product.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

o9 Solutions

DECEMBER 2, 2022

And, respectfully, Hannah Montana never even tried to use machine learning (ML) methods for time-series forecasting. Machine learning forecasting models are flexible, easy to implement, and generally provide better results than simple statistical models. In the words of Hannah Montana, everybody makes mistakes. Ignoring Data Quality.

Forecasting 59

Forecasting Modeling Montana Optimization Modeling 59

DynaSys

APRIL 28, 2021

We should not consider year 2020, and probably H1 2021, as a relevant set of data for forecasting calculation. My next S&OP run is coming, and I must find a solution to deal with sales forecasting after Covid. Based on the real demand, I can operate my supply planning without using precisely wrong forecasts. It’s a given!

Forecasting 52

Forecasting Forecasting Software Optimal Sourcing S&OP 52

Supply Chain Shaman

DECEMBER 28, 2020

My goal is to convince you to ground supply chain processes and technology implementations in data analysis while tying the results to the improvement in corporate performance. The SAS forecasting system implemented in 2019 was not tested for model accuracy. So, I asked the questions, “Is your data forecastable?

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

20Cube Logistics

NOVEMBER 19, 2020

Today when you think of logistics, you tend to connect it to speed and timeliness, that is to process and ship orders on time with efficiency and provide the right information to customers to make the right decision. What are the popular methods of supply chain forecasting? Advantages of supply chain forecasting.

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Logistics Network Optimization Software 52

o9 Solutions

SEPTEMBER 7, 2021

Retailers, in particular, realized traditional forecasting models that use historical sales data, were inadequate in predicting sales during the COVID-19 pandemic. Market knowledge improves forecast accuracy and explainability. Slow movers where the volume of sales for items may be too small to generate a robust forecast.

Forecasting 52

Forecasting Modeling Forecasting Software Demand Planning Software 52

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. Lots of activities, processes and people are involved in ordering, receiving, storing, picking and shipping items with the ultimate aim of keeping customers happy with the correct orders that are on time. Demand forecast accuracy. Inventory turnover ratio.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Analysis 52

The Logistics of Logistics

APRIL 21, 2023

About Flock Freight Founded in 2015, Flock Freight is a technology company reinventing the supply chain through smarter, more sustainable shipping solutions. Flock Freight uses proprietary algorithms and machine learning to optimize the shipping process and identify opportunities for consolidation.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Forecasting Software Freight Network Design Software 197

Vinculum

APRIL 29, 2022

As per the Cross Border e-commerce market report 2022-2030, The information has made an in-depth analysis of growth, size, segments, and the cross-border e-commerce market share crystal-clear. The report has made a forecast analysis to handle the market from a broader perspective. Analysis based on the competitive market.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Modeling 52

Supply Chain Shaman

AUGUST 7, 2019

Lab work testing follows vital sign analysis. When I asked for an analysis of the customer service data with a root cause analysis, it was not available. Six months later based on the work of four hard-working employees, we were able to get the analysis to start to roll-up our sleeves. It is a familiar ritual. Step Three.

Supply Chain Design Software 250

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

Logistics Viewpoints

NOVEMBER 2, 2021

When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. It’s an apt metaphor for ocean shipping these past many months. And the list goes on.

Supply Chain Planning Software 185

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

Elementum

AUGUST 29, 2017

Catch up on the effects and forecasts of Tropical Storm Harvey below: EFFECTS. Authorities forecast the winds brought by the storm to reach 185 kph or higher. According to analysis by freight research firm FTR Transportation Intelligence , Hurricane Harvey will strongly effect over 7% of U.S.

Forecasting 74

Forecasting Kansas City Forecasting Software Houston 74

Supply Chain Game Changer

JULY 2, 2021

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The massive global shipping squeeze. In their story about the shipping shortage, the CBC quoted shipping analyst Alan Murphy, who detailed how this changing demand has massively disrupted the global shipping market.

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

Logistics Viewpoints

MARCH 8, 2021

Forecasting beauty products, which are susceptible to a broader sense of what is in or out of fashion, is difficult. But forecasting new product demand is even more difficult. Additionally, traditionally beauty consultants sold products and the company shipped products to the consultants. Logistics can be a challenge.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 255

Logistics Viewpoints

MAY 17, 2021

Half of those ecommerce orders are fulfilled using drop shipping. But more importantly, CommerceIQ improves indirect ecommerce forecasts. The inventory that needs to be held for an e-tailer is based on the forecast. Based on the retailer’s forecast, inventory needs to be held to meet the expected sales.

Demand Planning Software 158

Demand Planning Software Modeling Forecasting Supply and Demand 158

Silvon Software

MARCH 3, 2023

Having a strong Sales & Operations Planning (S&OP) strategy ensures that your forecasts, raw materials availability and production capacity all match up and that the factory floor can meet its defined deadlines. Forecast Accuracy Forecast Accuracy is a very good gauge of overall planning success. Delivery date.

S&OP 102

S&OP Procurement Analytics Supply and Demand Analytics Software 102

Logility

MAY 26, 2022

Real-Time Insight and the Right Digital Platform Means More Accurate Forecasts. Retail and home goods industries are especially vulnerable to these trends because of seasonality, but: • 60% of excess inventory can be attributed to shipping delays. • Conventional statistical forecasting models are no longer accurate.

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

20Cube Logistics

NOVEMBER 13, 2019

Predictive analysis, today is part of all major business operations and processes to help forecast trends, events and to find solutions for complexities. With forecasting the future supply chain and logistics events, the companies can be in a competitive position and prevent any monetary loss. billion USD to 12.4

Predictive Analytics Software 40

Predictive Analytics Software Supply Chain Visibility Predictive Analytics Analysis 40

ThroughPut

MARCH 28, 2024

Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions. Accurate Demand & Price Forecasts AI facilitates precision in demand and price forecasting with the help of historical data and market trends. All for the good. They turned to Throughput.ai

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Supply Chain Shaman

NOVEMBER 10, 2013

This week I interviewed Robert Byrne, Founder of Terra Technology , on the results of their fourth benchmarking study on forecasting excellence. The work done by Terra Technology, in my opinion, is one of two accurate sources of benchmark data on forecasting in the industry. The other is Chainalytics demand benchmarking.

Supply and Demand 228

Supply and Demand Forecasting Forecasting Software Modeling Software 228

Logility

APRIL 16, 2018

A forecast is more than a projection of future business; it is a request for product (or a request for resources to ensure supply of a product). Forecast accuracy is crucial for achieving both customer service goals as well as ensuring proper utilization of resources to drive profitable business growth.

Supply and Demand 117

Supply and Demand Demand Planning Software Forecasting Forecasting Software 117

Herlitz Inventory Management

MARCH 23, 2023

When it comes to replenishing inventory, or more generally, inventory optimization, demand forecasting is the first and last most important element. The more important aspect of demand forecasting is WHAT and HOW you feed the forecasting engine as “normal” demand. To know which item was being shipped instead.

Demand Planning Software 52

Demand Planning Software Supply and Demand Supply Chain Software Forecasting 52

Logistics Viewpoints

MARCH 6, 2023

The company ships directly to customers and also to distributors. For example, while GEON has over 2000 customers, initially they are manually building forecasts for 600 customers and 1200 ship-to locations. This order detail can allow a company to forecast how quickly they will be paid when they fulfill that order.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

Logistics Viewpoints

DECEMBER 12, 2023

The rise of e-commerce has led to higher volumes of smaller orders that need to be fulfilled and shipped individually. By tracking and managing picking, packing, and shipping processes minute-by-minute, a WES dramatically increases accuracy and efficiency, enabling companies to support much higher order volumes with the same resources.

Supply Chain Planning Software 280

Supply Chain Planning Software Warehousing Predictive Analytics Software Supply Chain Design Software 280

Logility

AUGUST 24, 2022

Even industries that are moving to 3D printing are faced with shipping printers, materials, and replacement parts — you cannot print a replacement part for a 3D printer if the printer is broken. Build a model of your demand — this you can do easily from your history, or forecasts, or demand proxies. Read on to see how.

Network Optimization Software 130

Network Optimization Software Network Design Software Modeling Logistics Network Optimization Software 130

GlobalTranz

MARCH 26, 2015

Are you up-to-date with the latest events in freight shipping and logistics? Staying current in the world of shipping and freight also takes strong networking and communication. 7 of the Best Freight Shipping Events to Attend in 2015. As you know, the atmosphere for freight brokers is only getting more competitive.

Freight 120

Freight Shipping Conference Illinois 120

ThroughPut

DECEMBER 6, 2023

.” Unlike diagnostic and descriptive analytics, which were designed to analyze situations after they happened, predictive analytics utilizes advanced data analytics techniques to forecast future outcomes. Time series forecasting focuses on predicting future data points based on past sequences.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Precoro

NOVEMBER 13, 2023

Keep reading to find out: What purchase price variance means Why PPV matters How to calculate and forecast purchase price variance What causes favorable or unfavorable PPV How to manage purchase price variance efficiently What Is Purchase Price Variance?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Enterra Insights

AUGUST 5, 2022

The planning typically begins at the start of the year as shippers work with carriers to share updated forecasts of capacity requirements throughout the year to ensure parcels are delivered on time during the season. Over the past couple of years, forecasting of any kind was probably thrown out the window by most shippers.

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

QAD

NOVEMBER 8, 2022

Implementing digital demand planning and forecasting solutions. Using suppliers that are closer to their markets is an important option for medical device manufacturers to reduce shipping costs and achieve better control. Implementing Digital Demand Planning and Forecasting Solutions. Expanding supplier relationships.

Optimal Sourcing 96

Optimal Sourcing Supply Chain Optimization Sourcing Strategies Price Mitigation Strategies 96

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.

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

Logistics Viewpoints

OCTOBER 19, 2023

Even if this retailer had used AI to forecast my purchase, AI that creates a perfect plan but fails to execute it only results in a highly-efficient silo, as Northeastern University professor Nada Sanders says. Something is wrong in this retailer’s process, whether it be materials used, packing, shipping, etc.,

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

Unleashed

MAY 25, 2023

Many factors go into effective inventory planning, including: Supplier lead times Inventory storage costs Inventory turnover rate Seasonality and sales trends Understocking risks (potential lost sales and reputational damage) Shipping costs What is the purpose of inventory planning? This will allow you to make changes on the fly as required.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52