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Understanding ‘Forecastability’ and How to Generate Better Forecasts

CHAINalytics

Getting better statistical forecasts involves choosing the right technology, applying multiple forecast optimisation techniques, and a continuous improvement approach. This blog post is the second part of a Chainalytics’ Integrated Demand and Supply Planning practice five-part series on improving statistical forecasting.

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6 Ways AI Empowers End-to-End Decision Automation in Supply Chain

Logistics Viewpoints

Consequently, everyone asserts they are utilizing AI, and those in the supply chain world are no exception. How will it address “the world hunger problem” in supply chains, particularly in the context of supply chain planning? 3) AI in Forecasting One of the critical areas where AI shines is forecasting.

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Essential Guide for Demand Forecasting in 2024

ThroughPut

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. What is Demand Forecasting?

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Nespresso Optimizes Orders and Inventory with End-to-End Digital Supply Chain Planning

ToolsGroup

Nespresso’s complex coffee supply chain. Nespresso addressed this challenge by digitizing its end-to-end supply chain – from demand forecasts to order deliveries to points-of-sale—thanks to ToolsGroup’s digital supply chain planning platform. What drove Nespresso’s supply chain planning project?

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Supply Chain AI: Getting Started in 5 Steps

Logility

Supply Chain AI has sparked considerable excitement, shock, and fear over the past year. Considering where most companies are in their Supply Chain AI journey, the mix of excitement and apprehension is no surprise. Causal forecasting Built-on causal forecasting isolates actual demand signals from market “noise.”

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Simplify Supply Chain Forecasting

Logility

Is 100% forecast accuracy attainable? Anyone that has ever had to forecast demand for products or services knows that obtaining a consistently high forecast accuracy is part science and part magic. At the same time we see higher customer fill rates, improved customer satisfaction, and increased revenue and margins.

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ToolsGroup Announces New User Interface for Enhanced User Experience and Supply Chain Performance

ToolsGroup

ToolsGroup continues increasing its momentum with Version 8.62, the latest upgrade to its leading supply chain planning solution. Ultimately, our goal is to deliver AI-powered supply chain solutions that are easy to use – as this is how modern users are best able to drive business results.” “Our SO99+ release 8.62