Remove Electronics Remove Forecasting Remove Shipping Remove Transportation
article thumbnail

Revolutionizing Supply Chain Planning: The Power of Generative AI

Logility

Here are 3 examples: Enhanced Demand Forecasting Accurate demand forecasting is the cornerstone of effective supply chain planning. By employing deep learning techniques, generative AI models can recognize patterns and correlations that may elude traditional forecasting methods.

article thumbnail

Improving Sales forecasting after Covid

DynaSys

We should not consider year 2020, and probably H1 2021, as a relevant set of data for forecasting calculation. My next S&OP run is coming, and I must find a solution to deal with sales forecasting after Covid. Based on the real demand, I can operate my supply planning without using precisely wrong forecasts. It’s a given!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Steps to Streamline Global Shipping

QAD

This has resulted in the WTO reducing its forecasts for world trade over the next two years from 4.7% With other economic indicators showing low global growth, the WTO may need to revise this already low forecast should trade tensions between the world’s largest economies persist. Step 1: Automate Compliance.

article thumbnail

7 Challenges ERP Helps Electronics Manufacturers Overcome

OptiProERP

The electronics industry changes at a fast pace with constant innovations. Electronics are used in consumers’ everyday lives, both at work and at home. Electronics manufacturers have many revenue opportunities, but also many challenges to overcome to be competitive. Electronics manufacturers must adapt to many emerging trends.

article thumbnail

Do You See What I See? How to Select a TMS Visibility Platform for Improved Speed, Quality, and Cost

Logistics Viewpoints

Indeed, who couldn’t benefit from improved transportation visibility? Even if your transportation management system ( TMS ) is ingesting carrier EDI information directly, the data you receive is often hours after that fact, leaving you to “best-guess” actual delivery times. Real-Time Transportation Visibility Defined.

article thumbnail

Navigating Ongoing International Transportation Capacity Challenges

Talking Logistics

International transportation is dealing with ongoing challenges of tighter capacity. From import space and export space tightening up and a hot drayage market causing capacity constraints to volatile air freight rates – international transportation has had its share of challenges the last 10-12 months. Soaring Air Freight Rates.

Capacity 101
article thumbnail

Trick or Treat! The Supply Chain Wears Disguises Too

QAD

The face value of the problem might be that the company cannot meet its forecasted demand, so action is taken to fix that issue. A Transportation Issue or Forecasting Issue? This put an exceeding amount of extra demand on the building supply and consumer electronics industries. Talk about disguises.