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Supply Chain Forecasting with AI

ThroughPut

In the ever-evolving landscape of global commerce, businesses face a significant challenge: the pain of inaccurate forecasts and the relentless pace of market conditions. The agitation stems from the financial loss and operational inefficiencies accompanying these inaccurate forecasts. AI in supply chain forecasting is a game-changer.

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Supply Chain Forecasting with AI

ThroughPut

In the ever-evolving landscape of global commerce, businesses face a significant challenge: the pain of inaccurate forecasts and the relentless pace of market conditions. The agitation stems from the financial loss and operational inefficiencies accompanying these inaccurate forecasts. AI in supply chain forecasting is a game-changer.

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Demand Planning Apps Top Supply Chain Planning Machine Learning

ToolsGroup

Gartner recently polled both users and vendors on which supply chain planning (SCP) applications are employing machine learning and in three different analysis, demand planning and demand forecasting came out top of the list. Our first Gartner machine learning customer case study appeared five years ago.

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Three Cool Technologies

Supply Chain Shaman

I get the fact that today’s forecasts are not good enough to drive replenishment, and that rules-based consumption to translate monthly demand to daily demand was a mistake. They calculate the buffer based on what is close to a naive forecast based on incoming orders. (In In my simple mind, I think of this as a forecast… ).

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What About Them Apples?

Supply Chain Shaman

While many technologists wave their hands advocating that Internet of Things (IOT) is the answer, I say not so fast. On one extreme, there is an argument that forecasts are always wrong, “Why do them at all? On one extreme, there is an argument that forecasts are always wrong, “Why do them at all?”

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Dissecting the Headwinds and Tailwinds of Digital Transformation

Supply Chain Shaman

” Just as Blockbuster missed the online movie experience and Kodak failed to monetize digital printing, company boards struggle with the thought “Will their story be framed in the next Harvard Review case study of a company that missed the digital pivot?” Internet of Things. Trade is tougher. Blockchain.

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Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. An example of social listening is the Lenovo Case Study presented at the 2015 Supply Chain Insights Global Summit. I only know of five case studies of cross-functional listening. Market Drivers.