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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

When it comes to running a company, when things break down executives have traditionally said “we need to improve our forecasting!” Would better forecasting accuracy be a good thing? Unfortunately, most companies cannot, and will never be able to, consistently rely on highly accurate forecasts. Absolutely!

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Causal Forecasting Brings Precision to your Forecasting

Logility

Causal f orecasting shines a light on , and isolates, actual demand signals from market “chatter,” thus improving forecast quality. What Exactly Is Causal Forecasting? . First, what it’s not is a replacement for demand forecasting. The Benefits Offered by Logility’s Causal Forecasting Solution.

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The Bumpy Road to Building Outside-in Processes

Supply Chain Shaman

The problem was that VMI is a ship through model whereas supply chain planning is a ship from model with different granularity. CPFR: Collaborative Planning, Forecasting and Replenishment garnered great fanfare late in the 1990s. The biggest issue with CPFR was the quality of the customer forecast.

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Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. Organizations examine past sales trends, apply seasonal adjustments, and make forecasts based on historical models. Amazon is a leader in AI-driven supply chain management.

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Key Questions for a Successful Distribution Network

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

As we plan for the world of eCommerce and the customer expectation of quick, free shipping, our ability to forecast is turned on its head. If we're going to offer the speed of shipping and variety of inventory that today's customers have come to expect, there are a lot of different questions that need to be asked.

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Forget the Crystal Ball. Instead, Link Forecasting Directly to Production Planning.

BlueYonder

That capability is accurate, dynamic, real-time forecasting. Thanks to artificial intelligence (AI), machine learning (ML), data science, analytics, and advanced algorithms, today’s forecasting solutions are smarter and more precise than ever.

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ChatGPT and the Revolution of AI-First Forecasting

Logility

While traditional forecasting methods have served us well, they often fall short when addressing the evolving challenges of today’s dynamic business landscape. In this article, we’ll explore the fusion of AI-first forecasting with traditional models and its immense value to the supply chain.