Logistics Viewpoints

APRIL 4, 2024

Data Normalization & Removing Bias Data normalization in the context of forecasting is the process of going from actualized sales, which may be biased by various factors such as weather or inventory availability, to an understanding of baseline demand that is stripped of the impacts of these demand drivers.

Supply and Demand 229

Supply and Demand Modeling Demand Planning Scenario Planning 229

Logistics Viewpoints

JANUARY 11, 2023

Unlike some of the other trends articles we have covered at Logistics Viewpoints, which take a deeper dive into technology and application specific trends, this article looked at the top trends executives need to be paying attention to before their strategic planning meetings commence. billion globally, and I forecast it to grow to $9.9

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 216

Logistics Viewpoints

MAY 22, 2023

Do we have a demand forecasting tool in place and, if so, how good is that forecast? The post Supply Chain Design: A Tool to Help Maximize Value appeared first on Logistics Viewpoints. Let’s begin with customers: how many do we have, how often do they order, and what are the typical order quantities and patterns?

Supply Chain Design Software 179

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

20Cube Logistics

NOVEMBER 19, 2020

Today when you think of logistics, you tend to connect it to speed and timeliness, that is to process and ship orders on time with efficiency and provide the right information to customers to make the right decision. What are the popular methods of supply chain forecasting? Advantages of supply chain forecasting.

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Logistics Network Optimization Software 52

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

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Investments in logistics and supply chains would potentially support wider product ranges, foster time savings and attract larger numbers of customers. A Better Way to Forecast. Manufacturers can use forecasting to support inventory optimization. Managing Inventory.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

ShipBob

JULY 9, 2021

And since an ecommerce supply chain consists of several moving parts, how does an online brand go about supply chain forecasting, so they can make better predictions and decisions? There are several supply chain forecasting methods that businesses of all sizes can use that doesn’t involve hiring a psychic. Download the Guide.

Forecasting 98

Forecasting Forecasting Software Supply Chain Planning Software Supply Chain Software 98

ThroughPut

SEPTEMBER 1, 2020

What is Logistics Forecasting? Logistics demand forecasting is the process of accurately anticipating the demand for products, services, and shipments throughout the supply chain. Why is Logistics Forecasting a Complex Process? Are you Forecasting Logistics Accurately?

Forecasting 52

Forecasting Forecasting Software Price Reduction Waste Reduction 52

ThroughPut

APRIL 20, 2023

How can AI-powered tools and solutions enable success in this new reality? The Top 5 Use Cases of AI-powered Demand Planning and Forecasting Solutions 1. When logistics operators rely on AI-powered demand planning and take actions accordingly, these insights can increase accuracy of forecast results.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Procurement Solutions 52

DELMIA Quintiq

JUNE 25, 2014

‘We already have sophisticated demand forecasting. While I agree that sophisticated demand forecasting and analytics are necessary, they aren’t sufficient. Many organizations have invested in powerful demand forecasting tools and centralized planning. Logistics must be planned. Now what?’.

Forecasting 149

Forecasting Forecasting Software Demand Planning Software Supply and Demand 149

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

GlobalTranz

MARCH 6, 2017

Logistics professionals require exemplary international online logistics tools to help them carry out their daily businesses with ease and deliver the best for their customers. Top 8 Online Logistics Tools For Logistics Professionals. This optimization tool for inventories is cloud based.

Logistics Network Optimization Software 151

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 151

Enterra Insights

DECEMBER 6, 2022

These high-performing companies weather supply chain disruptions better, make speedier decisions, and perform more accurate forecasting. They write, “Most still focus on using AI for analytics and prediction — for example, to forecast demand and plan production. ” As this article’s headline states, AI is a tool.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Analytics Software Predictive Analytics Software 130

Logistics Viewpoints

JUNE 9, 2022

Transparent data prepared especially for your logistics operation will get you easily through your peaks. The hype usually revolves around just one item and can easily be managed by a modern logistics system. How can we rapidly bring our logistics operation up to its full speed during such a peak? Peaks are all so different.

Logistics Network Optimization Software 224

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 224

The Logistics of Logistics

AUGUST 24, 2022

Sreenivas Vemulapalli and Joe Lynch discuss how to streamline your logistics operations. Sreeni has a passion for helping customers across industries to realize their digital transformation vision using emerging tools/technologies. Key Takeaways: Streamline Your Logistics Operations. About Sreenivas (Sreeni) Vemulapalli.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Analytics Software 187

Freightos

AUGUST 14, 2023

So, where does AI stand among logistics professionals? Do logistics professionals see the same AI revolution that Gates does? That said, while many tech companies may have been using AI for years, from a logistics practitioners perspective, we’re clearly at Day 1. So instead of talking about it, we decided to ask about it.

Logistics Network Optimization Software 253

Logistics Network Optimization Software Price Reduction Material Savings Supply Chain Software 253

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Trends Transforming Logistics and Supply Chains In the MENA Region in 2023. by Dr Shereen Nassar , Global Director of Logistics Studies and Director of MSc Logistics and Supply Chain Management Suite at Heriot-Watt University Dubai. Demand Sensing for Accurate Planning and Forecasting. billion USD by 2026.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

Logistics Viewpoints

MARCH 3, 2022

Logistics strategy as an enabler of new business models. They have changed the way they see logistics, and no longer view it as just a support process in their organization. A logistics strategy provides the competitive edge. A logistics strategy provides the competitive edge. Design of the logistics network.

Expense Reduction 308

Expense Reduction Logistics Network Optimization Software Supply Chain Design Software Supply Chain Strategy 308

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

AFFLINK

MARCH 8, 2019

When paired with the Internet of Things, machine learning can create a truly powerful system for supply chain forecasting. Meanwhile, IoT devices can produce large, accurate data sets from which an organization's forecasting algorithms and tools can learn. Analyze Large, Diverse Sets of Data With Machine Learning.

Forecasting 67

Forecasting Forecasting Software Modeling Supply Chain Optimization 67

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

AIMMS

SEPTEMBER 28, 2020

The report outlines the tools with the highest transformational benefits and capabilities that are becoming standard business practices. A logistics company used AIMMS to address constraints due to COVID-19 and was able to deal with the situation in an agile way. Firefighting is the norm.

Prescriptive Analytics Software 415

Prescriptive Analytics Software Supply Chain Design Software Modeling Supply Chain Planning Software 415

ThroughPut

JANUARY 18, 2024

Lack of digital connectivity made it hard to tie together global operations for supply chains, including inbound and outbound logistics. Third-party logistics (3PL) are fulfilling gaps between elevated demand and limited supply while remaining accessible, affordable, and compliant. Strategies to enhance inbound logistics are: 1.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Vendor Strategies Inventory Reduction Resource Reduction 52

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.

Predictive Analytics 72

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 72

Logility

AUGUST 30, 2023

Let’s explore the dangers of using Excel as the primary tool for supply chain planning and discuss the importance of adopting more advanced and specialized solutions. Supply chain planning involves numerous variables, such as demand forecasts, inventory levels, lead times, and production capacities.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 130

Logility

NOVEMBER 30, 2023

Companies need to define objectives, acquire the right tools and technology, prepare the data infrastructure, implement AI models, and continuously improve the system. Demand sensing Real-time visibility and insights into shorter-term demand enable improved service levels and higher forecast accuracy.

Supply Chain Planning Software 177

Supply Chain Planning Software Modeling Supply Chain Software Scenario Planning 177

Talking Logistics

JUNE 25, 2021

But it will be worth the wait, I’m sure, despite the forecasted temperature for Sunday: 111. Read more Above the Fold: Supply Chain Logistics News (June 25, 2021). The post Above the Fold: Supply Chain Logistics News (June 25, 2021) appeared first on Talking Logistics with Adrian Gonzalez.

Supply Chain Software 130

Supply Chain Software Logistics Network Optimization Software Supply Chain Forecasting 130

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

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

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

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

It takes committed upper management to invest in the tools that can measure what is happening so that this greater efficiency can be realized. The ability to do any of this generally means having the tools – and that takes data. Digitizing logistics technology is innovating fast. MORE FROM THIS EDITION.

Optimal Sourcing 246

Optimal Sourcing Optimization Software Real-time Visibility Logistics Network Optimization Software 246

ToolsGroup

JULY 25, 2023

In the wake of disruption, interest in probabilistic forecasting and ToolsGroup’s acclaimed solutions began skyrocketing, spurring the search for additional resources to support the company’s increasing scope. At the same time, Lãberit had begun expanding its consulting services to organizations throughout the supply chain sector.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Software Forecasting Software 156

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

ToolsGroup

NOVEMBER 23, 2021

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. One of the ways to ensure your supply chain is ready for the next crisis is to test its resiliency by leveraging digital S&OP tools. .

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

AIMMS

FEBRUARY 3, 2020

More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands. Dubbed YAFO, the modeling tool also helps users understand how forests will adapt to a changing climate, drawing on data from multiple European countries. .

Prescriptive Analytics Software 334

Prescriptive Analytics Software Modeling Supply Chain Planning Software Scenario Planning 334

NC State SCRC

DECEMBER 15, 2022

A large consumer products tool manufacturer noted that they were overwhelmed with massive volumes of inventory, that was purchased based on sales projections from major retail customers. Gilimex claims Amazon pulled back its forecast for the year sharply in May, to far lower levels than projected and refused to compensate the supplier.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

Logistics Viewpoints

JULY 19, 2021

Dr. Lassen views Anaplan – their connected planning tool – as a cloud-based, business planning platform capable of doing multidimensional planning with very fast solve times. This is a complex tool because doing IBP well is difficult. Planners come up with data-proven forecasts on what the market may buy.

Supply Chain Planning Software 264

Supply Chain Planning Software Scenario Planning Supply Chain Planning Negotiating Skills 264