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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. In conclusion, the mindset of an organization matters.

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28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

“Currently, the biggest challenge for supply chain managers is…” Keeping up with consumers and their buying behaviors. Additionally, the advancements and constant changes in technology and analytics play a huge role in supporting the success or failure of a modern day supply chain.

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Technology and the Changing Nature of Logistics

Enterra Insights

It spans the purchase of raw materials to the final delivery of the merchandise to the customer, including the intermediate processing of the goods. Which data metrics are most relevant to your demand forecasting? The South Florida Reporter offers four tips for perfecting your logistics and supply chain[7]. ”[1]. .”[3]

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Best AI Tools for Supply Chain and Logistics: The Ultimate Guide for 2024

ThroughPut

ThroughPut AI: For Making Intelligent Decisions Across the Supply Chain Watch On-demand Demo ThroughPut AI has been recognized as a Leading Vendor in the prestigious 2023 Gartner Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain. The platform primarily helps predict demand and improve customer experience.

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Coronavirus & The CPG World: What to do now and how to prepare for the future?

Supply Chain Management and Analytics

In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. While we know of many other clients and prospects who are trying to perform what-if simulations using Excel spreadsheets. This one builds on the visibility level.

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Coronavirus & The CPG World: What to do now and how to prepare for the future?

Supply Chain Management and Analytics

In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. While we know of many other clients and prospects who are trying to perform what-if simulations using Excel spreadsheets. This one builds on the visibility level.

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Travel to Compliance and Efficiency with Supply Chain Mapping

RFgen

A recent news report from U.S. Department of State when sending military weapon components abroad, but the executives tried to cover up the ordeal. Relying on simple Excel spreadsheets won’t give brands the insight they need to ensure they adhere to regulations, which is why supply chain mapping tools are so important.