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Advanced Supply Chain Planning with Probabilistic Forecasting

ToolsGroup

In the fast-paced world of modern supply chains, traditional forecasting methods fall short. Advanced supply chain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization.

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Probabilistic Forecasting: The Future of Supply Chain Planning

ToolsGroup

In the fast-paced world of modern supply chains, traditional forecasting methods fall short. Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks.

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Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

Wikipedia Unleashing the Contrarian Here are my thoughts this morning over coffee: Gartner Top 25: Really A Celebration of Supply Chain Leadership? While I was preparing for surgery, Gartner released the Gartner Top 25 Analysis. The Gartner analysis is biased toward companies within the Gartner network.

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Aligning Supply Chain Metrics to Improve Value

Supply Chain Shaman

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. In my post Mea Culpa, I reference my work with the Gartner Supply Chain Hierarchy of Metrics. What Drives Value?

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AI in procurement: Applications, Challenges, and Mitigation Strategies

Precoro

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

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Five Things You Need to Know about Inventory Optimization in the Digital Age

ToolsGroup

With all the buzz around digital transformation, someone peering in from outside supply chain may assume most businesses have already digitized essential tasks like inventory planning. This article will share five things you need to know about optimizing inventory in the digital age.

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ToolsGroup Acquires Mi9 Retail’s Demand Management Business

ToolsGroup

Mi9 Retail’s Demand Management business was formerly known as JustEnough Software. Combined company gives retailers a powerful new technology arsenal to efficiently improve product availability under constrained supply and outperform the competition. Mi9 acquired this division through its acquisition of JustEnough Software in 2018.