ToolsGroup

MARCH 25, 2025

Beyond simply improving forecast accuracy, todays ML-powered demand forecasting software uncovers hidden supply trends, anticipates pricing fluctuations, and enables proactive supply chain planning decisions. Five Ways Advanced Machine Learning in Demand Planning Is Improving Forecasting 1.

Supply and Demand 156

Supply and Demand Forecasting Forecasting Software Modeling 156

Logistics Viewpoints

MARCH 26, 2025

They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. Organizations examine past sales trends, apply seasonal adjustments, and make forecasts based on historical models. Amazon is a leader in AI-driven supply chain management.

Supply Chain Planning Software 239

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Planning 239

Logistics Viewpoints

APRIL 14, 2025

From sourcing and bid evaluation to warehouse slotting and dynamic routing, AI tools support faster and more consistent outcomes by processing large volumes of operational data and identifying patterns that human decision-makers may overlook. These capabilities are now being integrated into mainstream TMS, WMS, and ERP platforms.

Optimal Sourcing 248

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 248

Logistics Viewpoints

FEBRUARY 24, 2025

When one thinks of supply chain software vendors, the name InterSystems may not spring to mind. They offer software systems and technology for complex integration, rapid application development, and advanced analytics and sell those solutions to companies that need to accelerate optimized business outcomes.

Supply Chain Planning Software 301

Supply Chain Planning Software Prescriptive Analytics Software Agile and Lean Supply Chain Modeling 301

Logistics Viewpoints

OCTOBER 24, 2024

SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. It is a brilliant tool.” Those types of disagreements disappear in a SCCN platform.

SAP 298

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 298

ToolsGroup

JUNE 29, 2020

Adding to this already uphill battle, we don’t have trustworthy new product forecasting methods because forecasting new products with no sales data is very hit-and-miss. Machine learning (ML) provides an effective weapon for your new product forecasting arsenal. Why is new product forecasting important?

Forecasting 428

Forecasting Forecasting Software Supply Chain Planning Software Modeling Software 428

Supply Chain Shaman

APRIL 29, 2024

Business leaders see the open sharing of feedback on software as too risky. How can I improve the process of software selection? How can I improve the process of software selection? Buying supply chain planning software is hard. Many technologies (I count six) are missing, and most of the ratings are just wrong.

Supply Chain Planning Software 417

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 417

ToolsGroup

FEBRUARY 24, 2025

Demand forecasting has evolved dramatically in recent years. Traditional forecasting methods often fail under high variability, leading to excess costs, stockouts, and obsolescence. What is Demand Forecasting in Supply Chain Management? What is Demand Forecasting in Supply Chain Management? Image source: Stefan de Kok 2.

Forecasting 156

Forecasting Modeling Supply and Demand Forecasting Software 156

SCMDOJO

OCTOBER 30, 2024

The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Preparing the next generation to excel in this dynamic field requires more than traditional education methods.

Supply Chain Planning Software 93

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 93

Logistics Viewpoints

MARCH 17, 2022

When my fiance heard about the price, he advised that I find a local hairdresser and set up a frequent-shopper account with them for a few months until the tool is back in stock. And pretty much everyone realized that the old technologies used in planning are not going to cut it anymore when there are so many moving parts in the game.

Supply Chain Planning Software 336

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 336

Logistics Viewpoints

MARCH 6, 2025

Companies leaning heavily on global sourcing? manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Consequently, when shortages emerged, they had already secured alternative sources, thereby averting a significant disruption to production. For example, U.S.-based

Price Reduction 241

Price Reduction Material Savings Cost Reduction Strategies Waste Reduction 241

Silvon Software

MAY 6, 2025

They need visibility across multiple internal systemslike ERP, CRM, and financial platformsand even external sources shared with suppliers, partners, and customers. Thats why modern BI systems are quickly becoming the go-to solution for data-driven enterprises. But lets be clear: not all BI platforms are created equal.

Prescriptive Analytics Software 89

Prescriptive Analytics Software Analytics Software Predictive Analytics Software Supply Chain Planning Software 89

Logility

DECEMBER 16, 2024

Balancing forecast accuracy with inventory management gets more challenging every day. Artificial intelligence (AI) and rapidly developing generative AI tools provide complex, real-time, and in-depth insights specific to supply chain management. Traditional approaches often divide departments like sales, marketing, and production.

Supply and Demand 194

Supply and Demand Modeling Supply Chain Planning Software Demand Planning Software 194

Logistics Viewpoints

APRIL 10, 2025

Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. All of this points to a larger issue: systems that perform well under stable conditions but lack the flexibility to respond when those conditions change. For years, supply chains were engineered to be lean.

Optimal Sourcing 228

Optimal Sourcing Modeling Cost Reduction Strategies Supply Chain Optimization 228

The Logistics of Logistics

NOVEMBER 5, 2024

During his tenure in the industry, he built innovative pricing and forecasting models, leveraging internal and external data sources to improve internal decision-making and increase profitability. Prior to joining DAT, Adamo led the pricing and decision science teams at FedEx.

Optimal Sourcing 246

Optimal Sourcing Freight Analytics Software Forecasting 246

Logistics Viewpoints

JANUARY 11, 2024

Proprietary warehouse, transportation , and labor management systems bolted onto legacy ERP systems, all “enriched” with off-the-shelf and bespoke software solutions, are a recipe for disaster. Yet, the money was spent, and the technology is now in place. Every system in your network collects it and stores it somewhere.

Supply Chain Planning Software 316

Supply Chain Planning Software Supply Chain Network Software Analytics Software Forecasting Software 316

Logistics Viewpoints

APRIL 2, 2025

Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.

Modeling 179

Modeling Modeling Software Supply Chain Planning Software Supply Chain Design Software 179

Logistics Viewpoints

APRIL 24, 2025

With deep-tier mapping of supply chains, companies can manage upstream supplier risk and downstream buyer exposure while optimizing alternative supplier sourcing and ensuring trade compliance. businesses can better adapt by building supply chain resilience through strategic planning, compliance, and technology.

Sourcing Strategies 263

Sourcing Strategies Global Negotiating Skills Supply Chain Planning Software 263

ToolsGroup

MARCH 26, 2025

Safety Stock: Navigating Supply Chain Volatility Through Strategic Inventory Planning Demand volatility represents a critical challenge for supply chain executives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties. Forecast Inaccuracy Strategically offsets errors in predicting future demand.

Supply Chain Planning Software 156

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Planning 156

Logistics Viewpoints

JANUARY 17, 2023

Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products. If nothing else, the last few years highlighted the importance of sourcing strategically. Upcoming Recession? Price Volatility.

Prescriptive Analytics Software 287

Prescriptive Analytics Software Supply Chain Software Predictive Analytics Software Forecasting Software 287

ToolsGroup

MARCH 3, 2025

In fact, Gartner also found that only 10% of CEOs say their business uses AI strategically, and just 9% of technology leaders report having a clearly defined AI vision statement. AI-powered demand forecasting software can significantly improve predictive accuracy, making it a crucial component of modern supply chain planning software.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Modeling 156

ToolsGroup

MARCH 18, 2025

With multi-echelon networks, supplier uncertainty, multiyear product lifecycles, and reverse logistics channels , aftermarket supply chains exceed the capabilities of traditional planning tools. Traditional supply chain planning tools fall short for several key reasons: Inability to handle intermittent demand patterns.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Inventory Reduction Waste Reduction 156

RFgen

DECEMBER 27, 2024

Manufacturing ERP (Enterprise Resource Planning) software integrates all your core business processes into one powerful platform. Think of it as the central nervous system of your operation, connecting everything from production planning and inventory control to supply chain management and financial reporting.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Inventory Management Software 98

Logistics Viewpoints

OCTOBER 5, 2023

With the E2E exception-base autonomous planning, the system automates decisions from demand forecasts, production plans, and order fulfillment strategies to delivery with minimal need for manual intervention. End-to-End Supply Chain Planning Platform The end-to-end process begins with data.

Supply Chain Planning Software 301

Supply Chain Planning Software Case Study Analytics Software Optimization Software 301

Logistics Viewpoints

SEPTEMBER 20, 2022

We need planning platforms to keep up with all the changes. This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations.

Supply Chain Planning Software 294

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 294

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!

Forecasting 276

Forecasting Forecasting Software Modeling Optimal Sourcing 276

ToolsGroup

FEBRUARY 4, 2025

ToolsGroup identifies five key drivers shaping the future of supply chains: changing customer expectations, heightened competition, rising operational complexity, technological advancements, and geopolitical tensions. Technological Advancements Real-time inventory tracking and predictive analytics give leading firms a competitive edge.

Price Reduction 156

Price Reduction Inventory Reduction Material Savings Cost Reduction Strategies 156

Logistics Viewpoints

FEBRUARY 2, 2023

How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots. But can technology do more?

Supply Chain Planning Software 278

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 278

The Logistics of Logistics

MARCH 18, 2025

Mike is the Head of Intermodal Solutions at SONAR, the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector. Mike Baudendistel and Joe Lynch discuss the CPG supply chain.

Supply Chain Design Software 144

Supply Chain Design Software Analytics Software Logistics Network Optimization Software Forecasting Software 144

Logistics Viewpoints

MARCH 9, 2023

End-to-end supply chain visibility, planning, and execution support software are critical in agile supply chain performance. CPG companies that utilize an autonomous supply chain technology see a reduction in their inventory and cost and an increase in revenue. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 288

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 288

ToolsGroup

MARCH 14, 2025

With multi-echelon networks, supplier uncertainty, multiyear product lifecycles, and reverse logistics channels , aftermarket supply chains exceed the capabilities of traditional planning tools. Traditional supply chain planning tools fall short for several key reasons: Inability to handle intermittent demand patterns.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Optimization Software Inventory Reduction 156

Supply Chain Shaman

NOVEMBER 15, 2023

The lack of interoperability between decision support platforms is a problem for companies attempting to improve decisions from the channel to supplier bi-directionally through technology. The essence of the question is resilience and the ability to forecast in a variable market reliably. For most, this is a market opportunity.

Supply Chain Planning Software 418

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 418

My Office Apps

OCTOBER 25, 2024

In this article, we’ll break down the most pressing challenges and discuss how distributors can overcome them with the right strategies and technology. Inaccurate Demand Forecasting The inability to forecast demand accurately leads to overstock or stockouts, both of which negatively impact profitability.

Supply Chain Software 98

Supply Chain Software Forecasting Software Optimization Software Optimal Sourcing 98

Logistics Viewpoints

AUGUST 11, 2022

Even if your transportation management system ( TMS ) is ingesting carrier EDI information directly, the data you receive is often hours after that fact, leaving you to “best-guess” actual delivery times. To improve visibility and control across your transportation network, a real-time transportation visibility platform (RTTVP) is essential.

Supply Chain Planning Software 264

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Supply Chain Network Software 264

Precoro

DECEMBER 24, 2024

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. AI in procurement refers to using advanced technologies to make procurement processes faster, more efficient, and data-driven. Today, procurement is undergoing a transformation.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

Logistics Viewpoints

MAY 13, 2025

But now, it’s being activated through AI agents designed to automate sourcing, manage risk in real time, and reduce the friction thats long plagued procurement and finance functions. This move positions Coupa as the full-stack provider for planning, execution, and optimization in global sourcing. One standout moment?

Las Vegas 147

Las Vegas Optimal Sourcing Sourcing Strategies San Francisco 147

Supply Chain Shaman

MAY 21, 2024

The framework assumes that improvement in forecast error drives order reliability and a reduction in cost. The Forecast Value Added (FVA) methodology helps companies understand if they are making the forecast error better or worse than the naive forecast. In addition, an increasing number of items are not forecastable.

Procurement Analytics 393

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 393