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Probabilistic Forecasting: The Future of Supply Chain Planning

ToolsGroup

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.

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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. What is a Supply Chain COE?

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AI Software for Spare Parts Inventory Management: Why You Should Care

ThroughPut

In asset-intensive industries, this challenge has only intensified with the growing complexity across supply chains. In addition, poor visibility, unpredictable demand, and disjointed systems worsen the situation further and lead to inefficient procurement, misplaced stock, and emergency orders.

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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. For the purposes of clarity, in this article, the term digital supply chain is the transformation of the atoms and electrons within the supply chain to unleash new levels of value. The reason?

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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. In essence, this includes the entire chain of supply, production, storage, distribution and finally, the customer, so that the plans make sense all involved parties.