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Probabilistic Forecasting: The Future of Supply Chain Planning

ToolsGroup

Traditional supply chain planning tools rely on deterministic forecasting, generating single-point estimates that often misrepresent real-world complexities. However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires.

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What Today’s Modern BI Systems Do That Legacy Reporting Tools Can’t

Silvon Software

Analytics and business intelligence (BI) are no longer optionaltheyre essential. Thats why modern BI systems are quickly becoming the go-to solution for data-driven enterprises. They integrate, align, and activate data across the business to drive better, faster decisions unlike legacy reporting tools that can’t.

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A Practical Guide to Setting Up a Supply Chain Analytics Center of Excellence

AIMMS

It comes as no surprise that business and supply chain leaders are seeking new approaches to get ahead in the analytics age. Implementing an analytics strategy, and in particular implementing prescriptive analytics, can significantly improve revenues and drive down costs. How do you get buy-in and agreement?

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Value Chain Planning and Decision Making in Times of Disruption (Part 2)

DELMIA Quintiq

Part 2 in the series explores the “analytical scenario exercise” and how decisions based on certain scenarios heavily impact each aspect of the value chain. Technology for Effective Planning. This also considers elements of predictive and prescriptive analysis and in-memory processing.

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A Practical Guide to Setting Up a Supply Chain Analytics Center of Excellence

AIMMS

It comes as no surprise that business and supply chain leaders are seeking new approaches to get ahead in the analytics age. Implementing an analytics strategy, and in particular implementing prescriptive analytics, can significantly improve revenues and drive down costs. How do you get buy-in and agreement?

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2018: What Will It Look Like?

Supply Chain Insights

Consultants and technology leaders are rebranding under a “digital umbrella” without clear definition. Confluence of Technologies. Here are my predictions for 2018: Supply Chain Excellence as We Know It Is Redefined. Supply chain excellence definitions evolve as companies explore the Art of the Possible.

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Beyond The Data with William Sandoval

The Logistics of Logistics

Tune in as they discuss the value of data and how organizations can use it not only descriptively but prescriptively as well. We are more into data acquisition and data analytics, which is one of the things we are going to talk about. I have designed power systems and communication systems. They want action.