Remove Examples Remove Forecasting Remove Innovation Remove Supply Chain Software
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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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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. Background The Council of Supply Chain Resilience met for the first time this month. What is supply chain resilience? The reason?

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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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Artificial Intelligence: An Essential Tool for Digital Supply Chains

Enterra Insights

Why hasn’t artificial intelligence fully transformed supply chains? 1] Their answer: “The root cause of the problem lies not with technology but with how and where companies are applying it.” What’s propelling these successes are automation, artificial intelligence (AI), and machine learning (ML).”[2].

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Invest in These Capabilities to Drive Supply Chain Excellence

AIMMS

Insights from Gartner’s Hype Cycle for Supply Chain Strategy, 2020. Supply chain professionals know it can be extremely challenging to drive day-to-day operational excellence and pursue innovation at the same time. Our recent survey showed that only 17% of organizations make it a priority to invest in innovation.

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Evaluating Innovative Technology with Warehouse Simulation

Logistics Viewpoints

For this reason, supply chain solutions have become an integral part of business strategies to cope with these ever-increasing complexities. However, there is the difficult question of which technology to implement to make better use of your warehouse. Use of technology. Examples of use. Physical space.