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Fresh Demand Planning: How AI Empowers Retailers

Logistics Viewpoints

There are various use cases of AI/ML for fresh demand planning of products, from producers to large grocery chains and even small delis in suburban Pennsylvania. Looking back on that week of straight rain in August, not only were my tips affected, but the data for future forecasts was as well!

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5 Things Your Carrier Wants with Brian Gibala

The Logistics of Logistics

LTI has strong density and capabilities in the Midwest and select markets in Georgia, Eastern Pennsylvania, Texas, and Colorado. Carriers want shippers who forecast their shipments and then meet those forecasted volumes – within reason because no forecast is perfect.

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Demand Planning in VUCA Times with Ali Raza

The Logistics of Logistics

Ali joined his first tech startup while still an undergraduate student at the University of Pennsylvania. Creating a preliminary forecast. Reconciling bottom-up and top-down forecasts. Creating a final forecast. Using analytics to monitor forecast vs actual and adjust accordingly. About ThroughPut, Inc.

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Happy Groundhog Day

Supply Chain Shaman

On February 2, in a small town in Punxsutawney, Pennsylvania on Gobbler’s Knob, an unsuspecting furry Groundhog is plucked from a burrow to predict the weather for the rest of the winter. In contrast, if the groundhog does not see his shadow, the forecasts is for an early spring.

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The Big Sigh

Supply Chain Shaman

Analyze the Coefficient of Variation (COV) at different points in the demand hierarchy to understand forecastability, and analyze the bias, FVA and latency of the current plan. He was also unaware of how to measure Forecast Value-Added, the Bullwhip impact and the health of inventory. Hire a consultant to help. I hope this blog helps.

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Building Outside-in Processes: Answering A Question From the Audience

Supply Chain Shaman

Last week, I spoke at the CPHA supply chain conference in Philadelphia, Pennsylvania. Retail forecasts are never a good source of data for the manufacturer. Before using, test the forecasts to understand the bias and error. This was the inaugural supply chain event for the Consumer Healthcare Products Association.

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Pet Food Experts Selects HIMPACT by Herlitz Inventory Management

Herlitz Inventory Management

Pet Food Experts Selects HIMPACT by Herlitz Inventory Management to Manage Daily Forecasting and Purchasing Solutions for its 4,500 Retail Partners in 34 States. Pet Food Experts signed with Herlitz Inventory Management to deliver more efficient and more profitable solutions for its forecasting and purchasing process.