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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

Over the last two years, I actively engaged technologists and business leaders to redefine demand planning. In the industry, supply-centric techniques reign with lots of bravado and messaging on control towers, Demand-driven Materials Requirements Planning (DDMRP), and generative AI. The reason? Should companies care?

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Fashion Industry Challenges Require Elegant Demand Planning

ToolsGroup

This article will explore the different retail channels and reveal tips for finally mastering demand forecasting for the fashion industry. Demand planning for direct and indirect channels. franchising) complete the distribution mix. Filter any erratic demand peaks (outliers) in the cleansing phase.

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Can Improving Forecast Accuracy Address Our Demand Planning Woes?

Logistics Viewpoints

If “the forecast is always wrong,” is improving forecast accuracy even the solution to our demand planning woes? Gaining a better handle on demand is compelling, especially when recent sales history is often no longer a good predictor. The post Can Improving Forecast Accuracy Address Our Demand Planning Woes?

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Probabilistic Forecasting: The Future of Supply Chain Planning

ToolsGroup

Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks. Probabilistic demand planning enables businesses to optimize stock levels while reducing costs and improving service levels.

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Quick Start Guide to Using Machine Learning for Demand Planning

ToolsGroup

Anyone who has done demand planning knows it is extremely complex, with forecasting challenges and rapidly shifting consumer demand, often exacerbated by seasonality, new product introductions, promotions, and myriad causal factors (e.g. The forecast generated by these algorithms degrades as the demand patterns evolve over time.

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Advanced Supply Chain Planning with Probabilistic Forecasting

ToolsGroup

Advanced supply chain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization. This approach significantly improves forecast accuracy and enhances decision-making across distribution networks. The result?

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Demand Sensing: How to Unlock Smarter Supply Chains with AI

Logility

A New Era of Demand Planning White Paper Learn more about these new demand models in this whitepaper. Download Now AI Solutions for Complex Demand Planning For supply chain professionals, managing demand involves analyzing multiple signals from diverse sources.