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Your Sales Plan is NOT a Forecast!

The Logistics & Supply Chain Management Society

Your Sales Plan is NOT a Forecast! That was an absurd leap to make, I know, but no more absurd than using the terms “sales plan” and “sales forecast” interchangeably in a retail setting. ” “Reconciling” the Plan and the Forecast. – William Hazlitt (1778-1830). Nor should it.

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LogiSYM Supply Chain Magazine – November 2022

The Logistics & Supply Chain Management Society

Your Sales plan is NOT a Forecast Download the latest LogiSYM Supply Chain Magazine. Download the latest LogiSYM Supply Chain Magazine now! Download the latest LogiSYM Supply Chain Magazine now! Your Sales Plan is NOT a Forecast! LogiSYM Supply Chain Magazine – November 2022. DOWNLOAD NOW.

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SYNOPSlS: Your Supply Chain Roadmap IDC’s Predictions for 2022 and Beyond

The Logistics & Supply Chain Management Society

IDC’s Predictions for 2022 and Beyond webinar threw a lens on the four key overarching themes that address critical hotspots for today’s supply chains: resiliency, worker productivity, forecasting, and last mile. LogiSYM Supply Chain Magazine – February 2022. The World in 2022: What’s on the horizon for supply chains this year?

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StockTrim helping wholesalers through stressful year [article from DEMM Engineering and Manufacturing Magazine]

StockTrim

[A version of this article appeared in the Jan/Feb edition of DEMM Engineering and Manufacturing Magazine]. Inventory forecasting software StockTrim is finishing 2020 having proven itself effective in a year which tested supply chain resilience.

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Forecasting noise disturbs the S&OP process

Supply Chain Movement

Forecasting is a challenge for many companies. A clearly defined process, committed sales people, collaboration with customers and timely scheduling of activities all contribute to a better forecast. Right at the top of the list is forecast accuracy, which ranks as much as 4.6 on a scale of 1 to 5. On right track.

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Overcome Manufacturing Supply Chain Challenges with Digital Planning

ToolsGroup

To profitably balance service and inventory, we replaced our intensive, manual reactive planning process with an automated machine learning-driven process to more accurately forecast demand and optimize inventory levels. . For our manufacturing customers, we have improved service levels and realized a 7% improvement in forecast accuracy.

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

As the dynamics of tariff policies may take a 180-degree turn overnight, it is necessary to model and forecast the scenarios in which a firm operates. Owning sound data is crucial to planning optimal shipping routes, locating distribution centers and warehouses, and forecasting revenue volumes and other trends. MORE FROM THIS EDITION.