Eliminating Excel in Purchasing Forecasting Supply Chain Software 
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.
Supply Chain Shaman
JANUARY 7, 2025
I laugh when business leaders tell me that they are going to replace their current supply chain planning technologies with “AI.” Each supply chain planning technology at the end of 2024, went through disruption–change in CEO, business model shift, layoffs, re-platforming and acquisitions.
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ToolsGroup
MARCH 25, 2025
Machine learning (ML)a specialized field within artificial intelligence (AI)is revolutionizing demand planning and supply chain management. According to McKinsey , organizations implementing AI-driven demand forecasting solutions can reduce forecast errors by 30% to 50%.
ToolsGroup
JUNE 12, 2025
While Excel has long been a go-to for planners, the landscape has changed. Companies that embrace inventory optimization through modern tools are moving toward a high maturity supply chain model —and reaping the rewards. Let’s explore why relying on Excel could be costing you more than you realize. The result?
Supply Chain Shaman
APRIL 29, 2024
I find that most companies’ understanding of supply chain planning is immature, and that next week, at the Gartner Supply Chain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supply chain planning models. How can I improve the process of software selection?
Supply Chain Shaman
JUNE 10, 2025
Technology can change or even improve work. Companies today making a fundamental mistake: they are attempting to automate current processes with AI versus challenging and redefining work. Today, in supply chain planning, this could not be further from reality. What’s missing? This bearish attitude is well-founded.
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!
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