AIMMS

SEPTEMBER 9, 2019

Part II in our series on assessing your Demand Forecasting process . In Part I of this series , we looked at supply chain professionals’ perception of forecast accuracy and how they see their forecast evolving in the future. The use of technology for demand forecasting is widespread .

Forecasting 207

Forecasting Forecasting Software Demand Planning Software Modeling 207

Logility

APRIL 21, 2020

The ability to effectively forecast demand is essential for supply chain management decisions. In fact, demand forecasts are used throughout the supply chain including supply chain design, purchasing, operations, inventory, and sales and marketing. procurement, operations, inventory, sales and marketing).

Forecasting 158

Forecasting Optimal Sourcing Forecasting Software Modeling 158

John Galt

JUNE 11, 2025

The agency, responsible for tracking weather systems and issuing life-saving alerts, is struggling to staff its forecasting offices. The answer lies in embracing automation, AI-driven forecasting in supply chain planning software , and new planning paradigms that transform how work gets done.

Forecasting 68

Forecasting Forecasting Software Supply Chain Planning Software Supply and Demand 68

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. The first story is about a large regional food manufacturer.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Supply Chain Shaman

JUNE 26, 2025

The essence of General Mill’s problem is that consumers are turning away from processed food. Example 1: Retail Example 2: Food Ingredients Example 3: Medical Device After mapping the demand flows and identifying market data, latency, and forecastability, the class then designs bi-directional orchestration activities.

Material Savings 221

Material Savings Waste Reduction Cost Reduction Strategies Price Reduction 221

Supply Chain Brain

JULY 1, 2025

By harnessing the growing power of AI to not only sense demand at a very fine-grain, real-time level, but also to govern decisions about pricing and inventory. And that’s not forecasting; it’s modeling. Unfortunately humans like to settle into inertia,” he says. That’s what AI is capable of doing. The human brain has limitations.

Price Reduction 87

Price Reduction Inventory Reduction Cost Reduction Strategies Resource Reduction 87

Enchange Supply Chain Consultancy

JUNE 10, 2025

Do Embrace Technology and Data : Use real-time data for demand forecasting, inventory management, and route optimization. Do Set Clear KPIs and Governance Structures : Establish transparent metrics for sales, coverage, and service levels. Regular reviews and joint business planning foster accountability and trust.

Waste Reduction 165

Waste Reduction Vendor Strategies Inventory Reduction Cost Reduction Strategies 165

Logility

AUGUST 11, 2020

The global food and beverage supply chain has been stressed to the breaking point by the COVID-19 Pandemic. Shelter-at-home and the mandatory closing of non-essential businesses has led to restaurant bankruptcies in record numbers, pouring milk down the drain and fields of rotting produce that were destined for food service businesses.

Supply Chain Planning Software 224

Supply Chain Planning Software Beverage Supply and Demand Supply Chain Software 224

Kinaxis

MAY 16, 2025

What food and beverage companies need to know about tariffs: Lessons from Canada sharkins Fri, 05/16/2025 - 09:53 Tariffs have been a constant threat since the beginning of 2025, but one sector has felt the impact more immediately than most: consumer packaged goods. goods were “ rapidly dropping.”

Beverage 141

Beverage Price Reduction Canada Cost Reduction Strategies 141

Supply Chain Shaman

DECEMBER 7, 2023

Expand the “FLOW” program for logistics information sharing to forecast transportation flow. If businesses cannot accurately forecast revenue, the organization is not resilient. I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. My conclusion?

Supply Chain Design Software 395

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 395

AIMMS

SEPTEMBER 9, 2019

Part II in our series on assessing your Demand Forecasting process . In Part I of this series , we looked at supply chain professionals’ perception of forecast accuracy and how they see their forecast evolving in the future. The use of technology for demand forecasting is widespread . – Tweet this. Only 25.7%

Forecasting 156

Forecasting Forecasting Software Demand Planning Software Modeling 156

Logistics Viewpoints

OCTOBER 4, 2021

A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. Benchmarking the forecasting process is difficult. The company provides demand and inventory planning solutions based on a public cloud architecture.

Supply Chain Performance 284

Supply Chain Performance Inventory Reduction Supply and Demand Cost Reduction Strategies 284

crisp

MARCH 27, 2025

The acquisition enhances Crisps analytics and food waste reduction capabilities and fuels expansion into fresh supply chains. Crisp is proud to announce the acquisition of Shelf Engine , a Seattle-based AI technology pioneer with specialized expertise in demand forecasting and automated ordering for retailers.

Forecasting 52

Forecasting Modeling Supply and Demand Inventory Management Software 52

Supply Chain Shaman

SEPTEMBER 30, 2014

This trend spawned chains like Trader Joes, Walmart, Whole Foods, etc. Current State of Perpetual Inventory. Replenishment is fueled by an effective perpetual inventory signal. Without a perpetual inventory signal, you will never be able to manage out-of-stocks and promot ions. Additionally, get good at forecasting.

Optimal Sourcing 353

Optimal Sourcing Forecasting Forecasting Software Supply Chain Network Software 353

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. The key to creating an effective market-driven demand plan is access to rich forecasts based on inputs from multiple sources.

Optimal Sourcing 176

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 176

Logistics Viewpoints

JANUARY 11, 2023

billion globally, and I forecast it to grow to $9.9 Inventory Management in a High Inflation Environment ; Clint Reiser. Instead, they are likely to carry higher levels of inventory as a lower cost alternative to minimizing disruptions. Can Improving Forecast Accuracy Address Our Demand Planning Woes? billion in 2019.

Logistics Network Optimization Software 305

Logistics Network Optimization Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 305

Logistics Viewpoints

FEBRUARY 7, 2025

Predictive analytics tools enabled by AI are helping organizations optimize inventory management, reduce downtime, and improve demand forecasting. Walmart has partnered with IBMs Food Trust blockchain network to improve supply chain transparency, reducing food recall times from days to seconds.

Logistics Network Optimization Software 199

Logistics Network Optimization Software Cost Reduction Strategies Price Reduction Inventory Reduction 199

Bristlecone

JANUARY 8, 2025

AI/ML algorithms analyze data to provide actionable recommendations, such as increasing production capacity, reallocating inventory, reducing prices, or switching suppliers and 3PL service providers. They democratize data, empowering supply chain managers to run more simulations and scenarios for improved demand forecasting.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 98

Logistics Viewpoints

DECEMBER 14, 2021

Along with E-commerce, another rising star of this pandemic-struck world has been quick commerce (Q-Commerce, or Rapid Food Delivery). According to OECD, during the pandemic, brick-and-mortar retail services such as food services saw 7.7% Inventory Optimization. Crowdsourcing of Drivers and Rider Forecasting.

Supply Chain Planning Software 291

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Modeling Software 291

Elementum

AUGUST 29, 2022

The global food supply chain has grown exponentially over the last few decades, creating complexity and challenges that translate into empty store shelves and a lack of basic provisions. Today, we will look at the importance of supply chain management in food production and some solutions to prevent further crises.

Supply Chain Planning Software 146

Supply Chain Planning Software Food Supply Chain Software Waste Reduction 146

Supply Chain Shaman

JANUARY 25, 2024

To make the point, let’s examine the food retail network, as shown in Figure 1, over the last decade. With slim margins and ever-increasing inventories, companies invested less in capital assets. Today, this network operates with less capacity and ballooning inventories. The industries in this value chain lack resilience.

Supply Chain Network Software 359

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 359

Supply Chain Shaman

AUGUST 18, 2022

This large food manufacturer used a popular technology to forecast monthly using orders as an input. The bad news is that no team member wanted to accept that their planning implementation was making the forecast 27% worse. The large food company operated regionally. Some streams are forecastable, and some are not.

Supply and Demand 259

Supply and Demand Demand Planning Software Optimal Sourcing Supply Chain Planning Software 259

Supply Chain Shaman

OCTOBER 12, 2017

He is a great thinker on inventory planning and demand management.I I get the fact that today’s forecasts are not good enough to drive replenishment, and that rules-based consumption to translate monthly demand to daily demand was a mistake. In my simple mind, I think of this as a forecast… ).

Supply Chain Planning Software 375

Supply Chain Planning Software Forecasting Software Demand Planning Software Modeling Software 375

ToolsGroup

JULY 6, 2023

With v8.61, SO99+ will be delivering enhanced transparency and accuracy across the entire solution while increasing the overall strength of the solution’s forecasting engine. Seasonality at Item/Area Level Clustering is at the core of how users plan out their forecasts. Missed our first quarterly updates?

ToolsGroup 276

ToolsGroup Modeling Forecasting Supply Chain Planning Software 276

Logility

JUNE 15, 2021

Food and beverage companies can use demand sensing to predict sudden market trends and prepare for actual supply needs. Demand fluctuations dominate the food and beverage (F&B) industry. How companies in this industry approach demand forecasting can have far-reaching effects on their short-, mid- and long-term success.

Supply and Demand 147

Supply and Demand Beverage Supply Chain Planning Software Demand Planning Software 147

ToolsGroup

JANUARY 7, 2020

I think it’s time we started spreading the good news: when you harness demand and inventory planning to slash unnecessary expenses and improve service to customers, you also reduce waste and support sustainability. Having the right inventory in the right location brings a variety of waste-reduction benefits.

Inventory Reduction 194

Inventory Reduction Supply Chain Planning Software Waste Reduction Vendor Strategies 194

Logistics Viewpoints

FEBRUARY 22, 2021

KeHE is a national wholesale food distributor that has been in business for 70 years. Govindarajan : Our previous Supply Chain Purchasing and Inventory Management tools were not enabling us to solve business challenges, we pivoted to Manhattan’s Demand Forecasting and Inventory Optimization software.

Forecasting Software 48

Forecasting Software Supply Chain Planning Software Optimization Software Supply Chain Design Software 48

QAD

FEBRUARY 4, 2025

For 58 years, food and beverage and consumer goods manufacturers have battled for dominance, from chips and wings to soda, beer, party supplies, and even aluminum foil for food storage and DIY trophies. That takes a data-driven approach to forecasting, procurement and distribution.

Manufacturing Procurement 52

Manufacturing Procurement Beverage Inventory Reduction Optimal Sourcing 52

Supply Chain Shaman

AUGUST 7, 2019

The company is a food and beverage company. In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. inventory turns. for inventory turns define best-in-class performance? Step Three.

Supply Chain Design Software 271

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 271

Supply Chain Brain

JUNE 24, 2025

s largest organic food distributor has led to empty shelves at Whole Foods stores across the country, reports NBC News. s largest organic food distributor has led to empty shelves at Whole Foods stores across the country, reports NBC News. UNFI is a major partner with Whole Foods. UNFI ), one of the U.S.’s

Food 59

Food Optimal Sourcing Rhode Island Supply Chain Planning Software 59

ToolsGroup

FEBRUARY 7, 2021

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. Check out the video below. Or listen and follow on Spotify. Transcript.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Supply Chain Brain

JUNE 17, 2025

Koganti said this is the fastest-growing use of AI in supply chain, especially when it comes to forecasting, procurement and fulfillment. He sees a near future in which there are multiple agents, each with their own realm of responsibility, such as shipping, pricing and forecasting.

Supply Chain Planning Software 100

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 100

DELMIA Quintiq

JULY 7, 2021

Fast forward from that time when an “ice cream-like food” originated in China in 618-97 AD to today. A key challenge is to not over-produce and stock up on excessive inventory while at the same time be ready for summer by securing on-shelf availability and fulfillment. Want to know more about that sweet treat? Here’s the scoop.

Supply and Demand 296

Supply and Demand New Zealand Supply Chain Planning Inventory Reduction 296

Procurement Academy

JULY 17, 2024

However, demand forecasting is key to gaining some sense of control over your business during this turmoil. Let’s examine exactly what demand forecasting is, why it’s important to your business, and look at how it’s already been applied in the real world to guide a major global business through a tough economic period.

Forecasting 96

Forecasting Supply Chain Planning Software Modeling Supply and Demand 96

Supply Chain Shaman

SEPTEMBER 17, 2014

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. We find that this is true of too few companies. Aligned Metrics.

Optimal Sourcing 365

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 365

SYSPRO Smarter ERP

JANUARY 13, 2025

The food and beverage industry is a dynamic, ever-evolving sector in which manufacturers are continuously seeking ways to optimize production and reduce costs in the face of shifting consumer demand and preferences. Thats a tall order for food and beverage manufacturers.

Optimization Software 52

Optimization Software Supply Chain Planning Software Manufacturing Procurement Inventory Management Software 52

Logility

FEBRUARY 13, 2020

The accuracy of conventional time-series forecasts eventually hits a ceiling. Even high-volume consumer packaged products with well-understood seasonality established over decades continue to experience high near-term forecast error rates. Final forecast together with forecast accuracy and forecast bias.

Supply and Demand 175

Supply and Demand Optimal Sourcing Forecasting Inventory Reduction 175