ToolsGroup
NOVEMBER 13, 2018
Last month we published a primer on probabilistic forecasting , an alternative to deterministic or ‘single number’ forecasting. To understand the relationship between probabilistic forecasting and inventory, view your supply chain as a dynamic system, subject to uncertainty and unpredictable change.
The UCLA Anderson Global Supply Chain Blog
DECEMBER 5, 2013
UCLA Anderson Forecast. UCLA Anderson Forecast Recommends Holiday Gift: Piggy Bank. David Shulman, senior economist of the UCLA Anderson Forecast. The December 2013 UCLA Anderson Forecast ended the year with a New Year’s resolution for the nation: Start saving now, before it’s too late. Wall Street Journal.
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NC State SCRC
APRIL 16, 2020
The SCRC held our first webinar panel today (video embedded below), which was attended by over 90 people, with another 200 who signed up for the recording.
ToolsGroup
JULY 28, 2015
When demand is variable and intermittent, classic forecasting and inventory models do not perform well – many consider items with very low demand rates “unforecastable.” Traditional “single number” forecasts and forecast accuracy metrics are nearly meaningless in the long tail environment. Dart is not alone.
RELEX Solutions
APRIL 26, 2018
RELEX’s annual Stockholm seminar took place on April 24th with a focus on Unified Retail Planning. The seminar topics covered opportunities and challenges in the fast-changing retail environment and focused on how retailers can differentiate and become more efficient by breaking down silos within the organization. Everybody wins.”
RELEX Solutions
JUNE 21, 2018
Ms Smith said one of the most noticeable effects of implementing RELEX to handle demand forecasting and replenishment for its food items was that store managers had raised their expectations of their supply chain knowing that it could now deliver more efficiently and reliably than before.
ToolsGroup
JULY 14, 2015
In last week’s blog , Lora Cecere emphasized the need to forego traditional forecasting and replenishment strategies in the long tail. Everywhere I go,” he explains, “I see organizations overly focused on improving demand forecast accuracy. Forecast quality is crucial for everyday, fast-moving items.
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