ToolsGroup

MARCH 3, 2022

Despite knowing all this, too many retailers ignore the impact of weather and this adds error to plans and demand forecasts. And even though meteorology has come a long way, weather is a notoriously fickle and uncontrollable factor, and no forecaster can reliably predict it beyond the next few weeks. It all evens out in the end.

Forecasting 156

Forecasting Forecasting Software Procurement Analytics Retail 156

ThroughPut

MARCH 25, 2024

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. What is Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Logistics Viewpoints

JUNE 7, 2021

The implementation also involves leveraging weather data to improve forecasting. Gijs Majoor, vice president of supply chain and sustainable fuels, and Jacob Gladysz, the director of logistics explained the Pinnacle Propane business and their journey to improve their forecasting. Forecasting is harder there.

Forecasting 167

Forecasting Forecasting Software Optimal Sourcing Modeling 167

Supply Chain Matters

MARCH 25, 2024

Last week, the National Retail Federation (NRF) forecasted its outlook for retail sales this year. Non-store and online sales included in the above figure are forecasted to grown in a range of between 7 percent and 9 percent year-over-year, equating to a range of $1.47 The 2024 forecast compares to the sales growth of $5.1

Forecasting 52

Forecasting Forecasting Software Retail Procurement Analytics 52

Logility

JANUARY 12, 2024

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. The Apparel Industry’s Forecasting Maze Mastering the art of forecasting is critical in the apparel industry.

Inventory Reduction 246

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 246

ToolsGroup

JANUARY 30, 2018

Trade promotion forecasting is difficult: getting it right involves factoring in many variables. Forecasting demand data, not so much. To do this, the first hurdle is creating a good statistical baseline forecast. To do this, the first hurdle is creating a good statistical baseline forecast.

Forecasting 184

Forecasting Forecasting Software Supply Chain Planning Software Analytics Software 184

Logility

AUGUST 4, 2023

They’re increasing in complexity and raising the stakes on the production and distribution of goods – pushing supply chain sustainability improvement initiatives to the back burner. Disruptions in supply chain operations are here to stay.

Supply Chain Planning Software 184

Supply Chain Planning Software Sustainability Gartner Agile and Lean Supply Chain 184

ThroughPut

NOVEMBER 6, 2023

The post How Sales Forecasts Combat Food Waste, Drive Supply Chain Sustainability appeared first on ThroughPut.

Forecasting 40

Forecasting Food Sustainability Supply Chain 40

Logility

OCTOBER 29, 2021

Process manufacturers in particular, with their reliance on a consistent ingredient mix, have unique challenges that require accurate forecasting to keep up with manufacturing demand. Granular forecasting at the SKU level. With the right technology, process manufacturing strategy, planning, and management can be simplified.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Sustainability is definitely coming of age in Asia. However, there is now a growing appreciation that going green correlates with increased profit as demand for products with sustainable credentials grow and Asian companies get set to move up the value chain. As driving greater sustainability is a key factor in reducing risk.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Logistics Viewpoints

AUGUST 5, 2021

Supply chain sustainability is a higher priority than ever. In MIT’s State of Supply Chain Sustainability 2021 , 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. From many different angles, supply chain sustainability matters, so how do we get there and what is the role of planning?

Supply Chain Planning Software 299

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 299

QAD

DECEMBER 14, 2023

This October, I was invited to take part in a discussion panel, Leading a Sustainable Supply Chain Transformation at Speed at the Industry IoT SCM Leaders Forum in Germany. The focus was on the twin aims of supply chain digital transformation and sustainability. This event took place at the Siemens Impulse in Amberg.

Sustainability 94

Sustainability Cost Reduction Strategies Supply Chain Strategy Supply Chain Software 94

ThroughPut

DECEMBER 4, 2022

When demand can be anticipated with accuracy, it can be delivered efficiently with demand forecasting techniques. Using an AI-driven retail replenishment software and planning solution that tracks inventory can help planners easily forecast and balance store demand to provide accurate SKU level replenishment.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

Logility

OCTOBER 15, 2021

In our latest release, Logility has doubled down on technology developments to ensure sustainable, ethical practices that support brand integrity and corporate responsibility. In short, we believe a genuine commitment to sustainable practices is no longer optional. Other Features in this Release.

Supply Chain Planning Software 181

Supply Chain Planning Software Sustainability Supply Chain Planning Innovation 181

ThroughPut

JUNE 12, 2023

Forecasting has forever been at the heart of efficient supply chain operations – driving the much needed predictability to source raw materials, manufacture products and fulfill customer needs at the right time, right place and in the right quantity. Clearly, supply chain forecasting has become more complex.

Forecasting 52

Forecasting Sourcing Strategies Agile and Lean Supply Chain Cost Reduction Strategies 52

Logistics Viewpoints

JANUARY 18, 2024

outliers, product with active sales but no forecast, sales in an inactive product or customer). 3) AI in Forecasting One of the critical areas where AI shines is forecasting. Supporting optimal strategies for inventory investment and allocation to support your sustainability goals.

Supply Chain Software 247

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Network Design Software 247

Logility

OCTOBER 21, 2021

Sustainable supply chains aren’t just better for the world; they also grow long-term value for your business. A sustainable supply chain doesn’t just have a positive impact on the world. This guide looks beyond environmental sustainability and explains the business advantages of sustainable supply chains.

Optimal Sourcing 209

Optimal Sourcing Sustainability Supply Chain Planning Software Supply Chain Optimization 209

ToolsGroup

JULY 6, 2023

With v8.61, SO99+ will be delivering enhanced transparency and accuracy across the entire solution while increasing the overall strength of the solution’s forecasting engine. Seasonality at Item/Area Level Clustering is at the core of how users plan out their forecasts. Missed our first quarterly updates?

ToolsGroup 276

ToolsGroup Modeling Forecasting Supply Chain Planning Software 276

ToolsGroup

JANUARY 15, 2024

Solutions in the Demand Planning category must produce reliable forecasts by extracting key insights from metrics like inventory trackers, converting raw data into actionable forecasts, supporting automation, and leveraging predictive analysis.

ToolsGroup 177

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply and Demand 177

20Cube Logistics

NOVEMBER 19, 2020

With technology evolving, the logistics companies are looking ahead with automation and digitalisation with forecasting tools as it has the capability to boost operational efficiency, improve warehouse performance and adequately manage the predictive analysis. What are the popular methods of supply chain forecasting?

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Logistics Network Optimization Software 52

ToolsGroup

MAY 23, 2023

ToolsGroup customer, illycaffè, will share how probabilistic forecasting supports a customer-centric planning process, helps guarantee product availability, and successfully navigates uncertainty. Thanks to ToolsGroup’s AI-powered probabilistic forecasting engine, the company improved and accelerated its forecasting and planning processes.

Gartner 156

Gartner ToolsGroup Supply Chain Planning Forecasting 156

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Driving Sustainable Growth Through Supply Chain Resilience. The question is, how do we navigate our way out of this never-ending chaos to continue driving sustainable growth? Driving Sustainable Supply Chain Change. Driving Sustainable Growth Through Supply Chain Resilience. HOW DID WE GET HERE? MORE FROM THIS EDITION.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

ToolsGroup

NOVEMBER 9, 2023

With ToolsGroup’s AI-powered demand forecasting, the plant-based food innovator revolutionizes its supply chain, maximizing accuracy, speed, and business performance. We started Heura in 2017 to empower people to participate in a more nutritious and sustainable food system.

ToolsGroup 156

ToolsGroup Supply Chain Transformation Supply Chain Planning Software Optimal Sourcing 156

ToolsGroup

JANUARY 7, 2020

You can’t scan the headlines without coming across an article or advertisement about sustainability, but there is precious little information about how supply chain planning software supports green initiatives. Here are four ways smart supply chain planning directly impacts sustainability initiatives.

Inventory Reduction 194

Inventory Reduction Supply Chain Planning Software Waste Reduction Vendor Strategies 194

ToolsGroup

JULY 5, 2023

With the release of v8.61, ToolsGroup enhances transparency and accuracy while increasing the power of SO99’s forecasting engine with expanded capabilities that now deliver: Automated New Product Introduction (NPI) Suggestions which automatically identify anomalies within NPI forecasts and recommend scenarios to most effectively address them.

ToolsGroup 156

ToolsGroup Optimal Sourcing Waste Reduction Inventory Reduction 156

Logility

NOVEMBER 23, 2021

Take the next steps in improving supply chain sustainability. Most businesses understand the importance of supply chain sustainability. They want to be more sustainable, and they understand that sustainability efforts can improve their brand reputation and boost their bottom line. Key Takeaways.

Sustainability 130

Sustainability Supply Chain Planning Supply Chain Optimization Supply Chain Strategy 130

ToolsGroup

SEPTEMBER 13, 2023

Probabilistic planning uses probability theory to forecast demand and optimize inventory. Probabilistic Forecasting Your forecast is the foundation of your supply chain planning process, and the key to forecast accuracy is probabilistic forecasting. New to probabilistic forecasting?

Inventory Reduction 156

Inventory Reduction Resource Reduction Waste Reduction Supply Chain Planning Software 156

Logistics Viewpoints

MARCH 3, 2020

Does it resemble a 14-year-old boy, as a planner I met at an Institute of Business Forecasting and Planning event described his company’s supply chain? The post Growing Up to Become a Sustainable Supply Chain appeared first on Logistics Viewpoints. Is your supply chain immature?

Sustainability 163

Sustainability Supply Chain Planning Supply Chain Forecasting 163

ToolsGroup

JANUARY 9, 2024

It also achieved the primary leadership position in the Retail Forecasting and Replenishment matrix. With responsive AI and real-time insights, we’re building the future of supply chain and retail planning – one typified by customer-centric processes that reduce waste for better business performance and greater sustainability.”

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Retail Optimization Software 156

QAD

FEBRUARY 25, 2020

Sustainability has become increasingly important in recent years and is now a vital component of many organizations’ social, economic and environmental efforts. The Sustainability Movement in Business and Manufacturing. The Sustainability Movement in Business and Manufacturing. How Does an ERP System Support Sustainability?

Waste Reduction 145

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 145

ToolsGroup

MAY 11, 2023

The innovation-focused cosmetics and aesthetic medicine laboratory teams up with ToolsGroup to advance supply chain processes, sustaining growth while maintaining high service standards. We needed a supply chain planning solution with unmatched forecasting to lay the foundation for customer-centric inventory and replenishment planning.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Forecasting 156

Logistics Viewpoints

SEPTEMBER 8, 2023

Logility , a provider of prescriptive supply chain planning solutions, announced it has signed a definitive agreement to acquire Garvis, a visionary SaaS startup founded in Antwerp, Belgium that combines large language models with AI-native demand forecasting. That’s all folks.

Logistics Network Optimization Software 233

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 233

ToolsGroup

SEPTEMBER 6, 2023

According to Kumar Anand, Analyst at Quadrant Knowledge Solutions, “ToolsGroup’s advanced algorithms, AI machine learning capabilities, and demand forecasting tools empower organizations to not only optimize inventory levels but also enhance overall operational efficiency. View all ToolsGroup’s awards and recognition here.

ToolsGroup 156

ToolsGroup Optimization Software Supply Chain Design Software Supply Chain Planning Software 156

AIMMS

OCTOBER 17, 2023

Sustainable supply chains are not just beneficial for society and the environment; they’re crucial for a business’s future prosperity. According to a Proxima report “Investing in a Sustainable Supply Chain,” there has been a significant change in the priorities of investors. trillion opportunity.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

ToolsGroup

APRIL 18, 2023

In ToolsGroup, we found not just the right technology, but also the right long-term partner who could help us establish sustainable inventory management practices, while achieving critical KPIs like demand fulfillment and margin protection.” Stay in touch with ToolsGroup on LinkedIn , Twitter , YouTube or visit www.toolsgroup.com.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 156

QAD

APRIL 11, 2024

As I discussed in a recent article in Food Logistics, it’s a powerful tool for predictive analytics, demand planning and business forecasting that shouldn’t be overlooked. Predictive analytics, demand planning and business forecasting have always been core functions for supply chain planners.

Predictive Analytics 72

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 72

ToolsGroup

APRIL 24, 2024

Our retail and supply chain planning suites empower a new level of fast, intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels, and inventory – delighting customers and achieving financial and sustainability KPIs.

ToolsGroup 156

ToolsGroup Optimization Software Price Mitigation Strategies Supply Chain Optimization 156