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. But right before we get into that, let’s understand what’s got your hands tied as a logistics planner.

Forecasting 52

Forecasting Modeling Forecasting Software Optimal Sourcing 52

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

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

CHAINalytics

FEBRUARY 22, 2022

So, we figured it was time to dust off the old Chainalytics crystal ball and throw our hat into … The post 2022 Transportation Market Forecasting & Your 2022 US Trucking Outlook appeared first on Chainalytics.

Forecasting 119

Forecasting Transportation Logistics Network Optimization Software Industrial 119

Supply Chain Shaman

NOVEMBER 15, 2023

The essence of the question is resilience and the ability to forecast in a variable market reliably. This gets us to the question of what is the role of the forecast?` For most, forecasting is a conundrum full of potholes, politics, and bias. I attempted and failed to: Use Point of Sale Data in Supply Chain Forecasting.

Supply Chain Planning Software 375

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 375

Herlitz Inventory Management

JANUARY 18, 2023

What is Demand Forecasting? Demand forecasting is a vital activity for wholesale and retail purchasing teams. Demand forecasting is a process that helps retailers and wholesalers predict future consumer demand. There are various forecasting methods available, many of which have been used since the early days of modern retail.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Procurement Solutions 52

Vanguard Software

JUNE 1, 2021

These companies struggle to stay afloat in their respective industries as competitors utilize modern solutions that leverage AI for demand forecasting and supply chain management. How do organizations harness the power of data and algorithms for better demand forecasting? and prescribe the appropriate forecasting model.

Forecasting 52

Forecasting Modeling Forecasting Software Demand Planning Software 52

Logistics Viewpoints

JANUARY 18, 2024

1) Streamlined Data Flow and Process Automation Is all about AI At the heart of effective supply chain automation lies the seamless flow of data across various sources and digital platforms, akin to a well-constructed highway for data. outliers, product with active sales but no forecast, sales in an inactive product or customer).

Supply Chain Software 247

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Network Design Software 247

ThroughPut

JUNE 12, 2023

Forecasting has forever been at the heart of efficient supply chain operations – driving the much needed predictability to source raw materials, manufacture products and fulfill customer needs at the right time, right place and in the right quantity. Clearly, supply chain forecasting has become more complex.

Forecasting 52

Forecasting Sourcing Strategies Agile and Lean Supply Chain Cost Reduction Strategies 52

ThroughPut

APRIL 20, 2023

The Top 5 Use Cases of AI-powered Demand Planning and Forecasting Solutions 1. Available data sources are analyzed in real-time which helps optimize inventory levels continuously and as a result, supply chain planners have the most profitable purchasing plan readily available to be implemented at any point in time.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Procurement Solutions 52

ThroughPut

DECEMBER 4, 2022

When demand can be anticipated with accuracy, it can be delivered efficiently with demand forecasting techniques. Using an AI-driven retail replenishment software and planning solution that tracks inventory can help planners easily forecast and balance store demand to provide accurate SKU level replenishment.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

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. Key elements include a focus is the use of the defense production act to improve accessibility of medicines to prevent drug shortages.

Supply Chain Design Software 293

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 293

Supply Chain Matters

MARCH 22, 2022

In this Supply Chain Matters commentary, we highlight the latest OECD global economic forecast in the ongoing light of the Ukraine conflict and provide some additional industry supply chain implications. . It this agency’s prior December 2021 forecast, OECD had forecasted that global GDP growth would moderate to 4.5

Forecasting 52

Forecasting Ukraine Price Reduction Inventory Reduction 52

Logistics Viewpoints

MAY 27, 2022

Dick’s Sporting Goods Beats Forecast in Q1 But Cautions on Inflation, Supply Chain. The excess capacity includes warehouses in New York, New Jersey, Southern California and Atlanta, according to an article in Bloomberg.com that referenced anonymous sources. What a view. Someday I will actually step foot on that beach. That’s all folks.

Logistics Network Optimization Software 251

Logistics Network Optimization Software Supply Chain Network Software Real Estate Forecasting Software 251

SCMDOJO

APRIL 9, 2024

The term “logistics” may be relatively new, but its general principles date back to ancient civilizations. The early Mesopotamians, Egyptians, Greeks, and Romans pioneered the principles of logistics and designed trade routes to facilitate their connections with other nations.

Supply Chain Design Software 65

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 65

ThroughPut

FEBRUARY 24, 2020

Supply chain forecasting is a great way to help manufacturers, operations managers and production planners make educated predictions about factors influencing warehouse operations. This includes production elements such as material sourcing, job allocation, transport logistics, production scheduling, inventory optimization and more.

Forecasting 52

Forecasting Forecasting Software Optimal Sourcing Supply Chain Planning Software 52

ToolsGroup

JULY 5, 2023

With the release of v8.61, ToolsGroup enhances transparency and accuracy while increasing the power of SO99’s forecasting engine with expanded capabilities that now deliver: Automated New Product Introduction (NPI) Suggestions which automatically identify anomalies within NPI forecasts and recommend scenarios to most effectively address them.

ToolsGroup 156

ToolsGroup Optimal Sourcing Waste Reduction Inventory Reduction 156

ThroughPut

FEBRUARY 24, 2020

Supply chain forecasting is a great way to help manufacturers, operations managers and production planners make educated predictions about factors influencing warehouse operations. This includes production elements such as material sourcing, job allocation, transport logistics, production scheduling, inventory optimization and more.

Forecasting 59

Forecasting Forecasting Software Optimal Sourcing Inventory Reduction 59

Freightos

AUGUST 14, 2023

” ( Source) Global freight, with its blend of structured processes, unpredictable variables and high frequency, is perhaps the most fertile playground for the AI revolution. So, where does AI stand among logistics professionals? Do logistics professionals see the same AI revolution that Gates does? This is difficult.

Logistics Network Optimization Software 250

Logistics Network Optimization Software Price Reduction Material Savings Supply Chain Software 250

Operations and Supply Chain Management

OCTOBER 18, 2021

Forecasting Shipping Delays; Cargo Swamps Airports; Alibaba’s Challenge. A growing number of logistics operators and industry observers see the snarls bottling up supply chains this year extending deep into 2022. Alibaba Group Holding is facing a new challenge to its e-commerce dominance in China from a seemingly surprising source.

Forecasting 52

Forecasting Cargo Forecasting Software Logistics Network Optimization Software 52

The Logistics of Logistics

OCTOBER 12, 2022

He led analysis around M&A, pricing sensitivity, competitive intelligence, and annual sales forecast for the executive team. FreightWaves.com, the company’s news site, is the leading provider of news and commentary for the transportation and logistics space. The Logistics of Logistics Podcast. About FreightWaves.

Analytics Software 182

Analytics Software Forecasting Software Logistics Network Optimization Software Supply Chain Software 182

Logility

MARCH 21, 2024

During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more.

Optimal Sourcing 226

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 226

Logility

APRIL 20, 2022

Developing Diverse, Resilient Sourcing Strateg ies. Vetting all the tiers of the supply network has never been more important, especially when addressing growing expectations for social accountability, environmental responsibility, and financial reliability to establish a responsible sourcing network.

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

The Logistics of Logistics

OCTOBER 30, 2023

The company centralizes data from multiple sources to manage inventory, simplify change management, and improve data quality. The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Greenscreens.ai

Optimal Sourcing 241

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 241

QAD

APRIL 11, 2024

As I discussed in a recent article in Food Logistics, it’s a powerful tool for predictive analytics, demand planning and business forecasting that shouldn’t be overlooked. Predictive analytics, demand planning and business forecasting have always been core functions for supply chain planners. The future, however, isn’t static.

Predictive Analytics 73

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 73

Logistics Viewpoints

MAY 26, 2022

Challenges drive dramatic shifts in supply chain and logistics. Across many of our industries, conventional wisdom about best practices for supply chain operations and logistical networks is being challenged. Hallmarks of successful logistics transformation.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 263

Logistics Viewpoints

JUNE 29, 2023

By fostering collaboration across all stakeholders, including suppliers, manufacturers, and logistics providers, companies can enhance visibility, streamline processes, and proactively address disruptions. The post The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend appeared first on Logistics Viewpoints.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

Logistics Viewpoints

FEBRUARY 15, 2023

I informed our readers that ARC Advisory Group/Logistics Viewpoints is conducting a survey to determine the perceptions, priorities, and strategic initiatives of today’s supply chain and logistics executives. However, I am surprised at the degree that localized sourcing is being considered. More to come!

Supply Chain Planning 198

Supply Chain Planning Optimal Sourcing Supply Chain Optimization Supply Chain 198

Resilinc

MARCH 26, 2024

While these solutions all utilize predictive AI, they rely on different models, including regression models, time series forecasting, classification models, clustering models, recommendation models, and simulation models. Time Series Forecasting: Commodity Tracking and Predictions What is time series forecasting?

Modeling 114

Modeling Supply Chain Risk Management Modeling Software Risk Management 114

GlobalTranz

AUGUST 11, 2021

The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Shippers should consider the following as indicators for when to add an outsourced managed logistics transportation services provider. This can be a confounding issue.

Logistics Network Optimization Software 294

Logistics Network Optimization Software Transportation Supply Chain Software Supply Chain Planning Software 294

ThroughPut

FEBRUARY 24, 2020

Supply chain forecasting is a great way to help manufacturers, operations managers and production planners make educated predictions about factors influencing warehouse operations. This includes production elements such as material sourcing, job allocation, transport logistics, production scheduling, inventory optimization and more.

Forecasting 52

Forecasting Forecasting Software Optimal Sourcing Inventory Reduction 52

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. It used to take two people anywhere from 10 to 15 days to create a 12-month forecast.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

ToolsGroup

JULY 11, 2019

According to Inbound Logistics , there are three main sources of supply chain complexity: meeting the needs of customers, globalization, and internal pressures. Point to remember #1: Average forecasting just isn’t good enough for today’s complex supply chains. . Probability forecasting is much more than a statistical method.

Supply Chain Planning Software 223

Supply Chain Planning Software Optimal Sourcing Forecasting Software Optimization Software 223

Supply Chain Game Changer

MARCH 19, 2019

The Planning and Budget cycle within most companies must start with a forecast of future sales and revenue. The Sales and Marketing team is usually responsible for pulling that forecast together. They are likely to pull together several sources of data in order to create that revenue forecast. And that is good news.

Forecasting 50

Forecasting Supply Chain Planning Supply Chain Design Supply Chain Optimization 50

QAD

AUGUST 29, 2023

The digital supply chain forecasting process is critical for any organization’s success. However, to achieve an accurate and effective digital supply chain forecasting process, it is essential to collaborate with both sales teams and suppliers. Collaboration is key to successful digital supply chain forecasting.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Forecasting Software Forecasting 95

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 194

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 194

MIT Supply Chain

NOVEMBER 16, 2018

Typically, these algorithms only have one or two sources of information (data sets) to derive the forecast for the next period. As the field of business forecasting develops, technological improvements allow companies to experiment with more advanced […].

Forecasting 45

Forecasting Supply and Demand Forecasting Software Optimal Sourcing 45