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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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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. Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of Supply Chain Leadership? Surgery is over. I am safely recuperating at home.

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Supply Chain Diagnostic: A Four-Step Process

Supply Chain Shaman

Time For A Supply Chain Check-Up? When a company contacts me to help them with their supply chain, the pain is usually a gap in customer service. To complete a supply chain diagnostic, I take these four steps: Step One. Supply chains are not the same. Analyze Past Results in Customer Service.

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How Demand Management Enables Supply Chain and Financial Resiliency

Supply Chain Brain

The shock-resistant, resilient supply chaindemand 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

The integration of Evo’s responsive AI solutions with ToolsGroup Service Optimizer 99+ (SO99+) and JustEnough® solutions will offer customers the most efficient, real-time supply chain and price optimization solution available. At Event Network, we aim to optimize the retail potential of experiential attractions.

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Supply Chain Management in a Post-pandemic World

Enterra Insights

Bowman, managing editor of SupplyChainBrain , asks, “Emerging from the pandemic, where do we go from here?”[2] ”[2] It’s a question with which supply chain professionals have been wrestling for months. Bowman seems to think supply chain professionals should have been better prepared.

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Here are ten things to keep in mind in terms of the role that forecasting can have on supply chains: While not a cure all, forecasting does matter.