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Fresh Demand Planning: How AI Empowers Retailers

Logistics Viewpoints

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. There are various use cases of AI/ML for fresh demand planning of products, from producers to large grocery chains and even small delis in suburban Pennsylvania.

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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.

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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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Customers and Analysts Recognize ToolsGroup as a Supply Chain and Retail Planning Leader

ToolsGroup

MARCH 2023 – ToolsGroup earned a Higher Performer badge in G2’s Demand Planning Grid® – G2’s scoring criteria is that products shown on the Grid® for Demand Planning have received a minimum of 10 reviews/ratings in data gathered by March 07, 2023. Read the press release here.

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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. The forecast can be compared to what actually shipped or sold.

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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 suite, featuring Demand Planning , Inventory Optimization , and Replenishment modules, will help Ciavarella optimize stock levels across its network.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Retailers know firsthand how quickly the market can change. That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs.