Remove Examples Remove Forecasting Remove Innovation Remove Manufacturing
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Don’t Wait to Innovate: 3 Key Benefits of Causal Forecasting

Logility

That’s precisely what demand forecasting feels like for many businesses today. Enter causal forecasting. Unfortunately, many companies hesitate to use causal forecasting, thinking it’s too complicated or resource-hungry. What is Causal Forecasting? That’s where causal forecasting comes into play.

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

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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Essential Guide for Demand Forecasting in 2024

ThroughPut

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. What is Demand Forecasting?

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Inventory Forecasting Explained: The 2022 Guide

Unleashed

A crystal ball sometimes wouldn’t go amiss in inventory forecasting. Here we explain the methods and formulas you can use to improve your inventory forecasting, and best practices for your business when designing and carrying out this process. Techniques for 2021 What is inventory forecasting?

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How Manufacturers Can Leverage AI & Analytics For Strategic Decision-Making

Silvon Software

Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication. For example, recognizing that two different terms in separate datasets actually refer to the same concept (e.g., “DOB” For example, using forecasting models to predict quarterly sales and adjust marketing spend accordingly.

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Supply Chain Resilience. Really?

Supply Chain Shaman

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Expand the “FLOW” program for logistics information sharing to forecast transportation flow. Let me give you an example. My conclusion?

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Ways Food and Beverage can Build Resilience with Supply Chain Optimization Software

Logility

In this article, we will cover examples and key factors that push businesses to build that supply chain resilience they need. The key to creating an effective market-driven demand plan is access to rich forecasts based on inputs from multiple sources.