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ChatGPT and the Revolution of AI-First Forecasting

Logility

In a world characterized by market volatility and unpredictability, businesses constantly navigate supply chain disruptions, erratic demand patterns, and unexpected risks. While traditional forecasting methods have served us well, they often fall short when addressing the evolving challenges of today’s dynamic business landscape.

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What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

Supply management. Supply chain management. Supply chain planning. The lack of interoperability between decision support platforms is a problem for companies attempting to improve decisions from the channel to supplier bi-directionally through technology. Are these terms the same? The answer is no.

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4 Steps to Skyrocket Your Demand Forecasting Accuracy

Logility

In the intricate world of supply chain management, the accuracy of demand forecasting often serves as the cornerstone of business growth. Yet, despite its significance, demand forecasting continues to be a thorny issue for many businesses, particularly manufacturers. What is Demand Forecasting Accuracy?

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Simplifying Probabilistic Forecasting

ToolsGroup

In episode nine of Be Ready for Anything, supply chain expert Stefan de Kok breaks down the basics of probabilistic forecasting. The following transcript was created using a combination of automated and human transcription. Why don’t you tell me a little bit about yourself and your experience in supply chain.

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Just Jump

Supply Chain Shaman

The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Supply Chain Planners Analogous to Secretarial Pools? The plant was 24 acres under one roof.

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Essential Guide for Demand Forecasting in 2024

ThroughPut

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. What is Demand Forecasting?

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Supply Chain AI: Getting Started in 5 Steps

Logility

Supply Chain AI has sparked considerable excitement, shock, and fear over the past year. In one of our recent webinars, a poll showe d 76% of the 100 attendees were in the educational stage of adopting Generative AI in their companies.