Remove Demand Planning Remove Inventory Remove Retail
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Fresh Demand Planning: How AI Empowers Retailers

Logistics Viewpoints

During summer days, I didn’t mind doing inventory checks in the fridge and freezer because it meant I got to cool down. Given that we are in the age of AI/ML, I often think of how the small deli where I worked was a perfect training ground for applying AI/ML in fresh supply chain planning.

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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. Filter any erratic demand peaks (outliers) in the cleansing phase. Hybrid models (i.e. 1) [link]. (2) 2) [link].

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Blind Shipping: Solution for Inventory & Labor Challenges

GlobalTranz

Is your business facing rapid growth, supply chain disruptions and/or unpredictable customer demand? If so, optimizing your inventory management strategy can be a game-changer. This method offers a solution to various inventory and shipping challenges for businesses just like yours.

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ToolsGroup Recognized as a Clear Industry Leader by QKS Group Review for Redefining Probabilistic Forecasting and Powering Proactive Orchestration

ToolsGroup

The review evaluates vendors on their ability to deliver probabilistic forecasting, which QKS notes, “is no longer a strategic advantage—it’s the bare minimum for retail demand planning and supply chain resilience.” It isn’t just forecasting demand; they’re orchestrating it.

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Supply Chain AI: 25 Current Use Cases (and a Handful of Future Ones)

Logistics Viewpoints

Demand planning engines have natural feedback loops that allow the forecast engine to learn. Since ML began being used in demand forecasting in the early 2000s, ML has helped greatly increase the breadth and depth of forecasting. Drones use this form of AI to improve inventory accuracy in a warehouse.

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Ciavarella Pneumatici Selects ToolsGroup to Revolutionize Supply Chain Planning

ToolsGroup

This strategic partnership aims to improve demand planning efficiency, optimize inventory performance, and elevate service levels. ToolsGroup’s advanced supply chain planning and optimization suite will be instrumental in refining our inventory management strategy and enhancing our competitive edge.

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Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. When it comes to inventory management, each piece must operate as a part of a global integrated system to be most effective.

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