Remove Course Remove Forecasting Remove Inventory Remove Supply Chain Software
article thumbnail

Körber Elevate 2024: Chart Your Course

Logistics Viewpoints

The theme this year was “Chart Your Course” which Richard Stewart, EVP Americas at Körber Supply Chain pointed out, is all about overcoming supply chain complexities and challenges. First, supply chains do not operate in isolation. Data is at the center of all decisions across the supply chain.

Course 230
article thumbnail

Improve Forecast Quality and Reliability with Value-add Forecasting (Part 1)

Logility

In the world of commerce, every business ecosystem has a type of supply chain that is critical to corporate operations.These supply chains rely on a network of plants and facilities to add value to, and transform, raw materials into a final product. Supply chain leaders are on a quest for a more precise estimate.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Forecasting Over the Product Life Cycle

ToolsGroup

Demand forecasting is tough, and getting it right over the entire product lifecycle during the course of launch, maturation, and end-of-life is tougher still. Forecasting new product introductions is difficult because you don’t have sales history, and you don’t have a good idea of how quickly the product will take off.

article thumbnail

Demand Planning Software: Your Comprehensive Guide 

Logility

Good forecasting leads to good demand planning —and good demand planning means better profitability. That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. Here are our answers to some of the most common questions about demand planning software.

article thumbnail

Inventory Forecasting Explained: The 2022 Guide

Unleashed

A crystal ball sometimes wouldn’t go amiss in inventory forecasting. But in the absence of a magical tool, your best bet is to manage your stock by using industry techniques and technology. Read more: What is Inventory Management? Techniques for 2021 What is inventory forecasting?

article thumbnail

Getting Started with AI in Supply Chain

Logistics Viewpoints

Getting started with AI in supply chain might not start where you think. Some try delving into deep learning or a crash course in generative AI (GenAI), but I don’t recommend starting there. Instead start with the foundation of your AI strategy, which should be an understanding of your company’s supply chain and your data.

article thumbnail

Top 10 Supply Chain Management Courses to Boost Your Career

SCMDOJO

If you’re a supply chain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. Fortunately, there are numerous courses available to help you develop your expertise in supply chain management, regardless of your level of experience.