article thumbnail

Machine Learning in Demand Planning: How to Boost Forecasting

ToolsGroup

Enhanced Promotions and Events Analysis Promotions, advertising campaigns, and trade events are vital components of marketing strategy, but accurately measuring their impact on demand remains challenging. Five Ways Advanced Machine Learning in Demand Planning Is Improving Forecasting 1.

article thumbnail

Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

How Do You Define Excellence? In retrospect, I find that technology is an enabler, but only if we are clear on what defines supply chain excellence. Many believe that an ex-supply chain exec knows the definition of supply chain excellence. You will seldom see them on an event stage. I admit it. Lora was as well.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Step Past AI Hype Drive Real Value

Supply Chain Shaman

Most of the business networks were hollowed out by venture capitalists or purchased by opportunists. On December 5th, Supply Chain Insights is hosting a small event at Georgia Tech to share the results of a two-year research effort to connect financial metrics by industry to supply chain performance to drive value.

article thumbnail

Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

Against my friends’ advice, I decided to drive to speak to 120 business leaders at the Gains Systems event. I wanted to say, “You let the consultants influence you to buy the wrong technologies based on IT standardization. Most planning happens in Excel Spreadsheets. ” Learn why are users dependent on Excel?

article thumbnail

Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

The secondary problem is the lack of definition of process requirements and a buying team that cannot see past simple MRP/MRP II/DDMRP requirements. Each year, we ask attendees to rate the event based on a 1-5 score (with five being the best). This is our ninth year of the event and achieving an overall rating between 4.7-4.9

article thumbnail

A Story of Throwing the Baby Out With The Bathwater in Supply Chain Planning

Supply Chain Shaman

Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. The Company also does not invest in sending the user group to Company A’s events or training. Here are my recommendations: Buy Software Like You Manage A Relationship.

article thumbnail

2025 Ivalua NOW AMER: Recap + Photos

ivalua

Ivalua NOW AMER 2025 in New Orleans was an event that exceeded all expectations, delivering an unforgettable experience for our thriving procurement community. ” Hosting the event at the renowned home of the New Orleans Saints amplified the energy and excitement. We came, we connected, and we conquered!