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ChatGPT and the Revolution of AI-First Forecasting

Logility

In a world characterized by market volatility and unpredictability, businesses constantly navigate supply chain disruptions, erratic demand patterns, and unexpected risks. While traditional forecasting methods have served us well, they often fall short when addressing the evolving challenges of today’s dynamic business landscape.

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Success Strategies for Demand Forecasting in Supply Chain

ToolsGroup

There’s been a lot of change in how we view supply chain demand forecasting: we moved from a focus on supply—what and how much to supply or replenish—to the demand-driven supply chain, which placed too much emphasis on the intermediate goal of an accurate demand forecast.

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2021 Logistics Outlook: Truckload Freight Market Forecast

GlobalTranz

In the first half of the year, panic buying drove supply and demand imbalance across the supply chain and caused truckload capacity to tighten. The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data.

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Supply Chain Roundtable Series: Getting Demand Forecasting Right 

Unleashed

Demand forecasting has gained increasing importance over the last few years. Unprecedented supply chain challenges have meant the risks and consequences of over- or understocking have been felt around the globe. Our experts explain that best-practice demand planning begins with a top-down forecast.

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What is CPFR? Full Guide to Collaborative Planning, Forecasting, & Replenishment in The Supply Chain

ShipBob

Supply chain optimization is vital for any ecommerce business that wants to increase its bottom line and improve its efficiency. However, you can’t optimize only some parts of the supply chain and expect great results as problems in one area can easily lead to inefficiency and issues in other stages.

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Container Freight Costs and Forecasting: Intrinsically Linked & Frustratingly Challenging

Logistics Bureau

Does your supply chain depend on container freight shipping? And are you struggling with cost and forecasting challenges? This article might help you cultivate that understanding, as it offers a brief overview of the factors influencing high container freight costs—and the challenges of volume forecasting.

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What’s Next for The Freight Market with Chris Pickett

The Logistics of Logistics

Joe Lynch and Chris Pickett discuss what’s next for the freight market. Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. in Industrial & Systems Engineering from Virginia Tech, an M.Eng.