Eliminating Excel in Purchasing Forecasting Inventory 
ToolsGroup
MARCH 31, 2025
In the fast-paced world of modern supply chains, traditional forecasting methods fall short. Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks.
ToolsGroup
JUNE 12, 2025
If you’re managing inventory with spreadsheets , you’re not alone—but you might be falling behind. While Excel has long been a go-to for planners, the landscape has changed. In this dynamic environment, inventory management powered by spreadsheets is no longer a viable strategy. But familiarity doesn’t equal effectiveness.
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ToolsGroup
MARCH 25, 2025
Beyond simply improving forecast accuracy, todays ML-powered demand forecasting software uncovers hidden supply trends, anticipates pricing fluctuations, and enables proactive supply chain planning decisions. Five Ways Advanced Machine Learning in Demand Planning Is Improving Forecasting 1.
Supply Chain Shaman
JANUARY 7, 2025
Compared to peer group performance for 2013-2023, 59% of the Gartner Top 25 score below their peer group on average revenue growth, 41% below inventory turns, and 41% below their sector on invested capital. I observe that organizations are unclear on outcomes and the definition of supply chain excellence. The reason? Your next step?
Logistics Viewpoints
MARCH 27, 2023
When it comes to running a company, when things break down executives have traditionally said “we need to improve our forecasting!” Would better forecasting accuracy be a good thing? Unfortunately, most companies cannot, and will never be able to, consistently rely on highly accurate forecasts. Absolutely! This increases sales.
Supply Chain Shaman
MARCH 21, 2024
In my first classes, I taught the group how to speak the language of demand—forecastability, Forecast Value Added (FVA), backcasting, demand and market latency, and market drivers. We explore the concept of holistic inventory strategies focused on the form and function of inventory. Instead, we need to Jump. The So What?
Supply Chain Shaman
JUNE 10, 2025
In May 2025, one in seven home-purchase agreements fell through resulting in the cancellation of 56,000 purchase contracts. Each organization has multiple demand streams with different characteristics–forecastability, demand latency, and bias. Most companies forecast a single stream with a focus on error.
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