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Forecasting and demand management for new events using machine-learning algorithm

Kinaxis

When it comes to forecasting and demand management , a lot. For events like the Super Bowl, retail demand planners create forecasts using data from a variety of sources to adjust product demand profiles in anticipation of which product, or group of products might be in demand the most.

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How Demand Management Enables Supply Chain and Financial Resiliency

Supply Chain Brain

The shock-resistant, resilient supply chain — demand management enables supply chain and financial resilience. “Black swan” events highlight the need to transform traditional supply chain methods. The benefits of technology underpinning shock-resistant supply chains.

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ToolsGroup Acquires Evo for Industry Leading Responsive AI

ToolsGroup

At Event Network, we aim to optimize the retail potential of experiential attractions. Pricing is critical for achieving that objective, but the inherent complexity of our business and of the broader retail landscape created a challenge to get timely, relevant insights,” said Evo customer, Larry Gilbert, CEO of Event Network.

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Some suppliers of demand management software can also provide excellent forecast benchmarking for selected industries. Demand forecasts are improved with access to downstream data (point of sale, Nielsen retail data, and access to competitor promotion schedules). forecasting product sales at 10,000 stores.

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Demand Forecasting in an Inflationary, Supply-Constrained, Semi-Post-Pandemic Environment

Logistics Viewpoints

At that time, I wrote about the COVID pandemic, and how similar events occur that elevate the uncertainty of the market. These events make accurate forecasting very difficult. A review of likely substitutes can inform potential changes in demand for given categories of items. Review of Prior Impactful Events.

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Building Outside-in Processes: Answering A Question From the Audience

Supply Chain Shaman

This was the inaugural supply chain event for the Consumer Healthcare Products Association. During the presentation, I spoke about the future of supply chain management, and the building of outside-in processes. When the facilitator for the event asked for questions, I looked back and saw Pat’s raised hand. How about you?

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How to Manage for Supply Chain Success During Major Weather Events

TMC

Our team included logistics, demand management, category management, and distribution from Delhaize, as well as West Coast Distributing and TMC’s Managed TMS® service. Our risk management plans were adjusted in line with changing conditions on the ground, and the check calls continued throughout the storm.