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Achieving Significant Transportation Savings through Improved Demand Forecasting

Logistics Viewpoints

Pinnacle Propane implemented demand management, replenishment, and order promising solutions from John Galt Solutions with the goal of improving service – reducing what they call “out of gases” – while reducing transportation costs. The implementation also involves leveraging weather data to improve forecasting.

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2022 Forecast: Supply Chains Become Critical Infrastructure

ToolsGroup

This is not just my personal observation but the consensus of leading financial experts around the world who are regularly briefed by manufacturers, logistics providers and retailers. Advanced countries with manufacturing-heavy economies will start to introduce legislation to regulate supply chain infrastructure. Download your copy ?.

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Turn a Good Demand Forecast into the Optimum Inventory Plan

ToolsGroup

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.

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Four Steps to Better Demand Forecasting

Logility

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.

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How Data Analytics Can Solve the Challenges Faced by SC Leaders in Discrete Manufacturing

From consumer electronics to automotive manufacturing, most of the global economy’s largest industries rely on some form of discrete manufacturing. Manufacturers in these industries face several unique challenges: Labor and material shortages halting production.

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Revisiting Transportation Forecasting

Talking Logistics

Many companies have collaborative planning and forecasting processes with suppliers and manufacturing partners, but very few companies translate demand and production forecasts into transportation capacity requirements. Has the time come to make this a standard leading practice? Next steps to driving adoption.

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Definitions Matter

Supply Chain Shaman

Traditionally, the definition of end-to-end supply chain planning meant: Forecasting based on order or shipment patterns. Forecast consumption into supply planning based on rules (rules-based-consumption). Translation of the demand forecast into planned orders to minimize manufacturing constraints.