Examples Forecasting Innovation Metrics 
Logility
JUNE 23, 2023
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.
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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ivalua
NOVEMBER 29, 2022
For example, consider the challenges in the automotive industry that stem from the supply chain issue in chip manufacturing. Tracking the Metrics that Matter. While Ardent expects Procurement to rise to and tackle these challenges, tracking the metrics that matter will help them stay focused for full recovery. Inflation Metrics.
Logistics Viewpoints
OCTOBER 4, 2021
Because of service disruptions – not being able to buy toilet paper, for example – the supply chain has been more discussed than ever before. A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. But just how bad was it?
Supply Chain Shaman
MARCH 27, 2023
For example, real-time planning, end-to-end planning, control tower, integrated business planning (IBP), and digital brain are oxymorons while discussions on innovation bounded by a required ROI is a juxtaposition. True innovation is never defined initially by a mandatory Return on Investment (ROI).) The goal of a forecast?
Supply Chain Shaman
MARCH 9, 2021
This post focuses on my failure to use design thinking to spark innovation with supply chain teams and my lessons learned. Today, six years later, I reflect on the gaps of the methodology as it applies to supply chain innovation. Remember the need for goal clarity, rules, and clear metrics in my opening paragraph?
Silvon Software
APRIL 18, 2024
For example, recognizing that two different terms in separate datasets actually refer to the same concept (e.g., “DOB” Here are some examples: SALES Customer Segmentation and Targeting Analytics tools can segment customers based on their buying behavior, demographic data, and engagement levels. DOB” and “Date of Birth”).
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