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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 Resiliency

Vanguard Software

In the new normal of supply chain disruptions, it has never been more important for planners to strategically manage disruptive events, which create dramatic spikes or dips in demand, shortages in parts or supplies, and unexpected changes in shipping schedules. Fountain Tire Case Study. Register Now.

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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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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. Orders are not a good representation of demand. Orders are not a good representation of demand. How about you?

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Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

Due to travel restrictions, I cannot attend many industry events, so I observe from home, watching webinars and remote broadcasts. Today’s risk management solutions focus largely on supply sensing and early alerting. Some solutions now include proactive event management driving recommendations to correct/prevent disruption.

Gartner 346
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Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

” Or alternatively, “Is there data that could be sourced to help?” Low volume inconsistent demand. Use this data to understand demand predictability. If demand error is extremely high, traditional demand management techniques are of limited value. As a group, we drill into root issues.

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Achieving Significant Transportation Savings through Improved Demand Forecasting

Logistics Viewpoints

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. The bulk business also involves filling the tanks of businesses that use propane as an energy source. Pinnacle Propane Delivery to a Farm.