ToolsGroup

FEBRUARY 2, 2022

All this led to global supply chain disruptions and inventory build-ups, wrong inventory mixes, and supply chain shortages in 2022. Download your copy ?. In 2022 these, along with the probabilistic forecasting methods that they enable, will become mainstream supply chain planning tools.

Supply Chain Planning Software 177

Supply Chain Planning Software Forecasting Software Forecasting Optimization Software 177

Logility

APRIL 23, 2020

So, the promise of using statistical algorithms, forecasting and predictive analytics is now added to the list of a company’s number one priorities. Here are a few steps that you will need to take to deploy your forecasts successfully. Take a data asset inventory. Short Registration - Multi Part - BLOG FEATURED DOWNLOAD.

Forecasting 148

Forecasting Forecasting Software How To Procurement Analytics 148

Logility

JANUARY 12, 2024

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. The Apparel Industry’s Forecasting Maze Mastering the art of forecasting is critical in the apparel industry.

Inventory Reduction 246

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 246

Cognira

JUNE 24, 2020

Brochure: Promotion Forecasting. With decades of retail and data science experience, intelligent retail forecasting is Cognira’s core expertise. Our highly accurate, quality omnichannel forecasts represent true customer demand – not just sales history. Download PDF. Service Levels. Supply chain. Embedded Science.

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Omnichannel 52

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Managing inventory costs is important because high inventory costs can erode the bottom line. On the other hand, optimized inventory levels can enhance it. On the other hand, optimized inventory levels can enhance it. Next is the cost of storing the inventory.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

ShipBob

JULY 9, 2021

And since an ecommerce supply chain consists of several moving parts, how does an online brand go about supply chain forecasting, so they can make better predictions and decisions? There are several supply chain forecasting methods that businesses of all sizes can use that doesn’t involve hiring a psychic. Download the Guide.

Forecasting 98

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Software 98

Supply Chain Brain

AUGUST 21, 2020

What does best-in-class forecasting and inventory management look like? Now in its ninth year, E2open’s 2019 Forecasting and Inventory Benchmark Study is the most consistent, comprehensive and useful study of its kind.

Forecasting 40

Forecasting Benchmarking Study Inventory Reduction 40

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

ToolsGroup

JANUARY 9, 2024

The company was named a technology leader in Intelligent Retail Pricing & Promotion Optimization and Global Supply Chain Inventory Optimization. It also achieved the primary leadership position in the Retail Forecasting and Replenishment matrix. Download the SPARK Matrix for Retail Forecasting and Replenishment report HERE.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Retail Optimization Software 156

Vanguard Software

JUNE 29, 2021

Download Solution Brochure. Accurate forecasting of uncertain demand. Modern demand forecasting platforms, like Vanguard Predictive Planning , look at the specific factors driving demand at a granular level. This planning goes beyond the demand forecast number to the likelihood of demand in any given period. Register Now.

Forecasting 52

Forecasting Inventory Reduction Material Savings Cost Reduction Strategies 52

Vanguard Software

JUNE 1, 2021

These companies struggle to stay afloat in their respective industries as competitors utilize modern solutions that leverage AI for demand forecasting and supply chain management. How do organizations harness the power of data and algorithms for better demand forecasting? and prescribe the appropriate forecasting model.

Forecasting 52

Forecasting Modeling Forecasting Software Demand Planning Software 52

RFgen

APRIL 30, 2024

The answer lies in modern inventory management best practices. Specifically, the use of perpetual inventory systems. What is a perpetual inventory system? Perpetual inventory management relies on technology to track inventory with timely data and a high degree of accuracy. Wonder no more.

Inventory Management Software 79

Inventory Management Software Inventory Reduction Supply Chain Planning Software Optimization Software 79

Cognira

OCTOBER 8, 2020

Brochure: Promotion Forecasting. With decades of retail and data science experience, intelligent retail forecasting is Cognira’s core expertise. Our highly accurate, quality omnichannel forecasts represent true customer demand – not just sales history. Download PDF. Service Levels Supply chain Insights Embedded Science.

Forecasting 40

Forecasting Forecasting Software Supply Chain Planning Software Omnichannel 40

ToolsGroup

NOVEMBER 23, 2021

Use analytics to put your available inventory to the best use. Chances are you do have some inventory–make sure it’s being put to the best use with automation and data analytics. In more buoyant times, companies are often optimizing inventory to reduce cost or maximize revenue to grab market share. Knowledge is power. ?

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

DELMIA Quintiq

APRIL 6, 2020

The key challenge is to not over-produce and stock up on excessive inventory , but at the same time be ready for summer by securing on-shelf availability and fulfillment. Dr. Rob Hyndman, forecasting expert at Monash University in Melbourne, Australia, recently wrote in his blog ( [link] ) the methods used to forecast the spread of COVID-19.

Scenario Planning 296

Scenario Planning Supply Chain Planning Software Food Modeling 296

Vanguard Software

MAY 4, 2021

However, there are quite a few ways to improve demand forecast accuracy. Here are seven ways to improve demand forecast accuracy for increased operational efficiency and profit. The Business Case for Demand Forecasting. Download White Paper. Produce a range of forecasts. Question and Communicate Assumptions.

Forecasting 52

Forecasting Forecasting Software Supply and Demand Modeling 52

ToolsGroup

MAY 2, 2023

FeaturedCustomers evaluated all the potential Demand Forecasting Software companies on its platform for possible inclusion in the Customer Success Report. Only 15 companies met the criteria needed to be included in the Spring 2023 Demand Forecasting Software Customer Success Report.

ToolsGroup 156

ToolsGroup Forecasting Software Supply Chain Design Software Supply Chain Planning Software 156

Vanguard Software

MAY 4, 2021

However, there are quite a few ways to improve demand forecast accuracy. Here are seven ways to improve demand forecast accuracy for increased operational efficiency and profit. The first step in the forecast process is to determine assumptions, or starting values. Produce a range of forecasts. Webinar: Register Now.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

DELMIA Quintiq

JANUARY 11, 2021

However, gradually complex manufacturing environments may prove to be a challenge for those who struggle with demand forecasting accuracy. It is crucial for wire and cable manufacturers to optimize forecasting and production capacity. This ensures that planners end up with the most optimal and efficient plan.

Modeling 268

Modeling Scenario Planning Optimization Modeling Supply Chain Optimization 268

ToolsGroup

JULY 29, 2021

Factors like growing competition from upstart players, new 5G services, broadband landlines, rapidly-changing consumer behavior, accurate sales forecasting becomes impossible. Automate forecasting complexity to empower operations to focus on strategic work. Transform telecom supply chains to a service-driven model.

Supply Chain Planning Software 295

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Modeling 295

ToolsGroup

DECEMBER 11, 2023

ToolsGroup’s AI-driven engine analyzes complex data at granular levels such as the combination of customer, product, location, and price point, in real-time to generate accurate demand forecasts and provide optimal price recommendations to retailers that maximize revenue. Download the SPARK Matrix report HERE.

ToolsGroup 156

ToolsGroup Price Reduction Optimization Software Modeling 156

Arkieva

FEBRUARY 13, 2017

How do you establish a forecast improvement process? The forecasting process in demand planning sets the stage for all other planning activities including bill of material (BOM) and finished goods inventory optimization. Related: How to Define Your Forecasting Hierarchy ]. Forecast error. Forecast BIAS.

Forecasting 60

Forecasting Forecasting Software Inventory Reduction Scenario Planning 60

Demand Solutions

OCTOBER 2, 2014

In my last article, I wrote about companies that commit the Deadly Sin of entering excessive forecast overrides. In a nutshell, they make forecast adjustments based on “gut feel,” not facts. They commit the Deadly Sin of neglecting to make forecast overrides when special events are scheduled to occur. Promotions.

Forecasting 100

Forecasting Supply Chain Planning Scenario Planning Supply and Demand 100

Vanguard Software

AUGUST 24, 2021

Five supply chain drivers, Production, Inventory, Location, Transportation, and Information , influence the performance of the supply chain. Download Brochure. When it comes to inventory as a driver, optimizing responsiveness often dictates stocking higher product levels and at more warehouse locations. Download Brochure.

Forecasting 52

Forecasting Modeling Supply Chain Planning Software Forecasting Software 52

Demand Solutions

APRIL 23, 2014

A time fence is a defined period in which the forecast should not be changed. An item's forecasting time fence often mirrors the item's planning or sourcing lead time. A time fence provides planners with assurance that the forecast will not change within the item’s lead time. Is this necessarily a good thing, though?

Forecasting 100

Forecasting Forecasting Software Supply Chain Planning Software Procurement Solutions 100

Vanguard Software

APRIL 30, 2021

With advances for AI in inventory management, an increasing array of solutions are now available. To capitalize on demand spikes without risking out-of-stock inventory, retailers need to have a resilient and agile supply chain to respond quickly and maintain service levels while offsetting increased costs. Download Industry Sheet.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Inventory 52

Vanguard Software

MARCH 12, 2021

Inventory replenishment involves purchasing and moving inventory, both finished goods and raw materials, from reserve storage to primary storage and eventually to the selling location. The Importance of Inventory Replenishment. Download Case Study. Factors to Consider. MicroVention Case Study. ABC Classification.

Modeling 52

Modeling Inventory Reduction Optimization Software Supply Chain Optimization 52

TPSynergy

JANUARY 28, 2019

What is Forecasting? Within a supply chain, forecasting is the prediction of what to expect in the short and long term for inventory, orders, production, etc. The most common forecast is MRP or Material Requirement Planning. Why Forecasts are Important. Why Forecasts are Important. Sharing Forecasts.

Forecasting 40

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Software 40

RFgen

MAY 26, 2023

In the world of inventory management, stockouts and overstocking can be detrimental to business success. To stay ahead in today’s highly competitive market, organizations must adopt smart strategies for avoiding inventory stockouts and overstocking. Overstocking occurs when a business has too much inventory on hand.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 52

Resilinc

APRIL 30, 2024

If these forecasts are correct, 2024 will shake out to be the third most active hurricane season on record. The 2024 hurricane season is expected to be extremely active, with multiple forecasts predicting above-average activity, increasing the potential for supply chain disruptions. What sets this year’s hurricane season apart?

Supply Chain Software 78

Supply Chain Software Supply Chain How To Forecasting 78

BlueYonder

OCTOBER 24, 2023

But carrying a large, diverse product portfolio brings challenges, especially in forecasting demand. The Source embraced AI to refine inventory and order forecasting. The company reduced inventory investment by 19% in just two years. So DM embraced AI for demand forecasting and saw immediate gains. The results?

Analytics Software 94

Analytics Software Predictive Analytics Software Forecasting Software Supply Chain Software 94

Logility

SEPTEMBER 28, 2012

By “ Demand Forecasting ,” I mean the effort to increase forecast accuracy and customer service levels through better perceiving, predicting and shaping the full range of factors that determine how well your product portfolio satisfies market needs. Registration required for new visitors.).

Forecasting 102

Forecasting Modeling Supply and Demand Forecasting Software 102

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Logility

SEPTEMBER 28, 2012

By “ Demand Forecasting ,” I mean the effort to increase forecast accuracy and customer service levels through better perceiving, predicting and shaping the full range of factors that determine how well your product portfolio satisfies market needs. Registration required for new visitors.).

Forecasting 100

Forecasting Modeling Supply and Demand Forecasting Software 100

AIMMS

OCTOBER 17, 2023

Efficient inventory management Demand Forecasting: Use demand analytics to predict demand more accurately, thus reducing overstocking or stockouts. Reduce Product Returns: Focus on quality control and accurate demand forecasting to minimize returns which add to carbon emissions and costs.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

ToolsGroup

JUNE 14, 2022

People are still taking advanced tools and downloading them into spreadsheets (you know who you are!) Lower inventory = better cash flow, freed-up working capital. Probabilistic forecasting is also an emerging requirement for retail planning. Probabilistic forecasting in the spotlight. Today there are 3.5

Gartner 156

Gartner Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 156

RFgen

JUNE 2, 2023

A New Perspective on Inventory Management Inventory management can feel like a constant game of cat and mouse—chasing after ever-changing demand while trying to balance stock levels. As revealed in the RFgen Digital Inventory Report , a major challenge in inventory management is having too many challenges.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Optimization Software Supply Chain Software 52