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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. Demand forecasting is the process of making future estimations of how much of a given product will sell by location and time period. Would better forecasting accuracy be a good thing? Absolutely!

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What is Lean Retail (+ Why Retailers Must Embrace It)

ToolsGroup

Whereas retailers once purchased merchandise largely based on the gut instinct of trend-savvy buyers and the push of whatever manufacturers tried to sell them, nowadays, they need to take a much more customer-focused and data-centered approach. How lean retail impacts business goals and revenue targets.

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When The Wheels Fall Off

Supply Chain Shaman

Historically, most supply chain investments were for engines–bright guys built fabulous optimization code and plonked the software onto a relational database. Orders do not represent market demand for many reasons that are beyond the scope of this post.) Let me explain. I could go on and on, but hopefully, you get the drift.

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Demand Planning. When The Answer To Two Simple Questions Is Not So Simple.

Supply Chain Shaman

The Company focused primarily on retail planning and wanted to extend its capabilities into a consumer products manufacturing solutions offering. In implementing planning, most of the focus in purchasing technology in the sales cycle is on optimization. Water buffalo butting heads symbolize the organizational issues of demand planning.

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Introducing ThroughPut Capacity Planning Module: Optimize Your Capacity Plans With The Power Of AI

ThroughPut

At ThroughPut , we have been working towards creating perceptive supply chain solutions that can help tide through these uncertainties with AI-driven proactive intelligence. In our last release, the ThroughPut Demand Sensing Module addressed the gaps unveiled by the pandemic and the sudden shift in existing market dynamics.

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What is Demand Forecasting? Importance and Benefits of Forecasting Customer Demand

ShipBob

Demand forecasting helps the business make better-informed supply decisions that estimate the total sales and revenue for a future period of time. Demand forecasting allows businesses to optimize inventory by predicting future sales. Importance of demand forecasting for ecommerce. Types of demand forecasting techniques.

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My Take: E2open Buys Terra Technology

Supply Chain Shaman

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The initial software product release name was Real-Time Forecasting. The product naming convention changed to Demand Sensing (DS) in 2005. History of Terra Technology.