Logility

JANUARY 12, 2024

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. The Apparel Industry’s Forecasting Maze Mastering the art of forecasting is critical in the apparel industry.

Inventory Reduction 246

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 246

ToolsGroup

NOVEMBER 13, 2023

BOSTON and LONDON – November 14, 2023 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named the technology leader in the SPARK Matrix™ analysis of Retail Forecasting and Replenishment (RF&F) by Quadrant Knowledge Solutions (QKS).

Forecasting 156

Forecasting ToolsGroup Forecasting Software Supply Chain Planning Software 156

ToolsGroup

MAY 19, 2021

Demand forecasting is tough, and getting it right over the entire product lifecycle during the course of launch, maturation, and end-of-life is tougher still. This is true for any business with sizable turnover in the product portfolio and especially in industries like retail , electronics, and aftermarket parts.

Forecasting 156

Forecasting Forecasting Software Supply and Demand Supply Chain Planning Software 156

ThroughPut

MARCH 25, 2024

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?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Logility

APRIL 21, 2023

Supply chains have always been vulnerable to economic turbulence, industry changes, and operational shortfalls. Now that businesses have better access to predictive forecasting technologies that leverage data from the past and present, such a one-sided approach to forecasting, analytics, reporting, and planning is no longer justifiable.

Forecasting 130

Forecasting Forecasting Software Supply Chain Planning Software Big Data 130

ToolsGroup

MARCH 16, 2023

Our flexible, customer-oriented approach helps us set the standard for service and innovation in the water technology industry,” said Ilaria Mercanzin, Group Demand & Resources Planning Manager. What makes ToolsGroup’s forecasting approach the most accurate? Click here to find out in sixty seconds.

Supply and Demand 156

Supply and Demand Forecasting Software Forecasting Supply Chain Planning Software 156

ToolsGroup

FEBRUARY 2, 2022

Here’s my forecast for what will progress this year against that vision: A major cloud provider – Google, Amazon, or Microsoft – will emerge as the dominant host of the open supply chain platform. In 2022 these, along with the probabilistic forecasting methods that they enable, will become mainstream supply chain planning tools.

Supply Chain Planning Software 177

Supply Chain Planning Software Forecasting Software Forecasting Optimization Software 177

ThroughPut

MARCH 25, 2024

In supply chain management, accurately distinguishing between demand planning and demand forecasting is essential yet challenging. The consequences of conflating demand planning with demand forecasting are significant, impacting inventory management, customer satisfaction, and financial health. What is Demand Forecasting?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

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

ToolsGroup

SEPTEMBER 9, 2020

How Do You Turn a Good Demand Forecast into the Optimum Inventory Plan? Your customers don’t care if you have a great demand forecast. How do you turn a good forecast into a great inventory plan? How do you turn a good forecast into a great inventory plan? They care if you have the inventory they want when they want it.

Forecasting 156

Forecasting Modeling Forecasting Software Inventory Reduction 156

Logility

AUGUST 14, 2020

Forecasting is an “inexact science” that relies on the data available to you, the math you use, and how you implement the forecast. And your forecasting success is fundamentally impacted by your understanding of that data, its strengths and limits. How you roll up your data for forecasting fundamentally impacts accuracy.

Forecasting 147

Forecasting Forecasting Software Demand Planning Software Modeling 147

IT Supply Chain

JANUARY 8, 2024

By Don Valentine (pictured) Commercial Director, Absoft The post 2024 Predicted IT Forecast: Mostly Cloudy appeared first on IT Supply Chain.

Forecasting 80

Forecasting Supply Chain Supply and Demand Industrial 80

Supply Chain Matters

MARCH 25, 2024

Last week, the National Retail Federation (NRF) forecasted its outlook for retail sales this year. According to this industry group , retail sales are expected to increase 3.5 The 2024 forecast compares to the sales growth of $5.1 Highlights of the State of Retail Webcast The above forecast of U.S. percent to between $5.23

Forecasting 52

Forecasting Forecasting Software Retail Procurement Analytics 52

SYSPRO Smarter ERP

MAY 10, 2023

In this post, we look at how adopting machine learning can enable organisations to forecast demand with high accuracy despite the increasing volatility in the supply chain. Therefore, they calculate demand forecasts that respond to changing market conditions and consumer behaviour in real-time.

Forecasting 98

Forecasting Forecasting Software Modeling Supply and Demand 98

ToolsGroup

MARCH 3, 2021

While sophisticated supply chain planning is a necessity for any industry with complex demand, the fashion industry is particularly tricky due to high variety and segmentation (by type of consumer, sales channel, demographic, etc.), Requirements for demand forecasting in the fashion industry. trillion U.S. trillion U.S.

Supply and Demand 296

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 296

Logility

MARCH 25, 2020

For today’s supply chain planner, the art and especially the science of forecasting demand have evolved. Traditionally, forecasting models were based on time series techniques that create a forecast based on prior sales history. The limitations of time-series forecasting. Here’s one boardroom scenario.

Supply and Demand 187

Supply and Demand Forecasting Modeling Demand Planning Software 187

Unleashed

MAY 1, 2023

Demand forecasting has gained increasing importance over the last few years. We met with five supply chain experts to discuss how crucial demand forecasting is for mitigating risk, and what businesses can do to improve forecast accuracy. Our experts explain that best-practice demand planning begins with a top-down forecast.

Forecasting 96

Forecasting Supply and Demand Modeling Forecasting Software 96

IT Supply Chain

DECEMBER 4, 2023

By Tom Cash (pictured) Director at Foxmere The post Automation trends: a 12-month forecast appeared first on IT Supply Chain.

Forecasting 83

Forecasting Supply Chain Software Trends Supply Chain 83

Supply Chain Matters

DECEMBER 11, 2023

Today, the United Nations Conference on Trade and Development (UNCTAD) issued its latest forecast update on overall global trade, and the narrative is not encouraging or optimistic. Outlook for 2024 The current updated UNCTAD forecast provides a more pessimistic forecast for 2024. percent in 2023 and a forecasted 4.8

Forecasting 52

Forecasting Global Price Reduction Supply Chain Planning 52

QAD

JULY 6, 2023

With AI technology becoming more prevalent in every industry, there are several different ways that AI can be applied to help streamline the supply chain planning process and improve its overall effectiveness. AI technology can be used to help with forecasting, supply chain planning and demand planning. Let’s explore this a bit.

Forecasting 93

Forecasting Supply Chain Planning Software Supply Chain Planning Forecasting Software 93

GlobalTranz

DECEMBER 22, 2020

The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. Consumer spending has shifted from the service sector into other industries, causing rising truckload rates and tightened capacity. Contact GlobalTranz Today.

Forecasting 156

Forecasting Forecasting Software Freight Inventory Reduction 156

OptiProERP

SEPTEMBER 21, 2023

Inventory forecasting, or demand forecasting, estimates future inventory levels needed using past data, upcoming events, and market trends. Inventory forecasting ensures manufacturers have the proper inventory to meet customers’ needs while minimizing excess inventory costs. Let’s look at the benefits of inventory forecasting. 

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 52

ThroughPut

MARCH 24, 2024

Demand planning and forecasting in the traditional sense relied heavily on a combination of limited and biased data and gut instinct. Not limiting this ability to just rectifying errors, analytics can also be leveraged into demand forecasting and profit generation. Why do you Need Modern Demand Sensing to Solve Modern Problems?

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

New Horizon Supply Chain Blog

AUGUST 30, 2023

Introduction I was recently in a conversation about forecasting with a client team, and one individual, whose background was not in supply chain, asked what the value of demand forecasting is. The link between forecast accuracy and corporate goals is less clear. But that doesn’t make forecasting any less important.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

ToolsGroup

JANUARY 30, 2018

Trade promotion forecasting is difficult: getting it right involves factoring in many variables. Forecasting demand data, not so much. To do this, the first hurdle is creating a good statistical baseline forecast. To do this, the first hurdle is creating a good statistical baseline forecast.

Forecasting 184

Forecasting Forecasting Software Supply Chain Planning Software Analytics Software 184

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

CHAINalytics

FEBRUARY 22, 2022

Many publications and companies are doing the usual new year outlook pieces offering prognostications for what to expect in the coming months from a budget, service, or industry perspective.

Forecasting 119

Forecasting Transportation Logistics Network Optimization Software Industrial 119

ThroughPut

DECEMBER 5, 2023

Accurately forecasting sales with fluctuating demand cycles is difficult to achieve, and yes, there’s a direct impact: the less accurate the sales forecast, the less precise the stocking levels. The lack of forecasting accuracy can easily spill hardship into other departments. What is Demand Forecasting?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

Vanguard Software

OCTOBER 9, 2020

In today’s globalized and digital world, modern demand forecasting tools have never been more essential for a CPG manufacture to succeed.

Forecasting 98

Forecasting Forecasting Software Demand Planning Software Supply and Demand 98

Demand Solutions

MAY 18, 2020

If you’re a retailer, then you’re likely selling thousands of SKUs, making it hard just to collect data on them let alone analyze it in order to forecast demand ! There are things retail businesses can do to make sure that their demand is adequately forecasted. What Is Demand Forecasting? Establish a baseline.

Forecasting 100

Forecasting Forecasting Software Demand Planning Software Modeling 100

QAD

APRIL 6, 2023

Having proper forecasting within your supply chain can help you to be antifragile and assist you in leveraging life’s disruptions. Unlike other industries, manufacturing businesses can be extremely expansive and diverse. The post Balancing Life’s Disruptions by Forecasting within a Dynamic Supply Chain appeared first on QAD Blog.

Forecasting 97

Forecasting Forecasting Software Supply Chain Design Software Supply Chain Planning Software 97

Supply Chain Shaman

APRIL 16, 2024

With the evolution of eCommerce, shifts in regional preferences, complexities of product portfolios, decline in forecastability, and increase in demand and supply variability, supply chain planning is more challenging. Turn Volume Make to stock Very Forecastable. Long Tail Configure to Order or Make to Order Not forecastable.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

EazyStock

OCTOBER 31, 2022

A demand planning team will forecast demand for their stock items so that supply chain and inventory managers can decide what, how much and when they need to order. Is demand planning the same as demand forecasting? While they might sound the same, demand forecasting is actually a part of demand planning.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Modeling 52

EazyStock

OCTOBER 31, 2022

A demand planning team will forecast demand for their stock items so that supply chain and inventory managers can decide what, how much and when they need to order. Is demand planning the same as demand forecasting? While they might sound the same, demand forecasting is actually a part of demand planning. Demand sensing.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Modeling 52

New Horizon Supply Chain Blog

JULY 15, 2022

I was recently in a conversation about forecasting with a client team, and one individual, whose background was not in supply chain, asked what the value of demand forecasting is. The link between forecast accuracy and corporate goals is less clear. But that doesn’t make forecasting any less important. Introduction.

Forecasting 52

Forecasting Supply and Demand Material Savings Inventory Reduction 52

BlueYonder

JULY 6, 2023

Market-based demand forecasting to help you predict localized demand and placement of inventory Retailers are facing increasing pressure to offer affordable, reliable, and frictionless customer experiences. Learn more about Fulfillment Order Forecasting and Fulfillment Item Forecasting solutions. Check out Part 1 of this blog.

Forecasting 67

Forecasting Forecasting Software Demand Planning Software Supply and Demand 67

ThroughPut

JUNE 12, 2023

“Uncertainties” and “unknowns” in the logistics industry are like the predatory villains in Gotham City. And in your case, this cape’s superpower is the demand-driven approach to logistics forecasting. Unfortunately, most forecasting models lack the agility to be responsive to growing and changing customer expectations.

Forecasting 52

Forecasting Modeling Forecasting Software Optimal Sourcing 52