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Supply Chain Forecasting with AI

ThroughPut

In the ever-evolving landscape of global commerce, businesses face a significant challenge: the pain of inaccurate forecasts and the relentless pace of market conditions. The agitation stems from the financial loss and operational inefficiencies accompanying these inaccurate forecasts. AI in supply chain forecasting is a game-changer.

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Singapore’s largest fully automated cold storage at Tee Jia Food Hub

The Logistics & Supply Chain Management Society

The APAC automated storage and retrieval systems (ASRS) market is forecast to grow at a CAGR of about 10% between 2021 and 2026. Logistics automation has been on the uptrend for several years, and COVID-19 has only accelerated this trajectory. The goods are also tagged for easy item tracking and tracing. MORE FROM THIS EDITION.

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2023 supply chain and logistics management trends

EazyStock

Getting the basics right Improving forecast accuracy Accurate demand forecasts can help you stay on top of inventory and improve strategic planning for different risk scenarios. Poor forecasting brings a high risk of stockouts or excess and obsolete stock. You can read more about demand forecasting techniques in our article.

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2023 supply chain and logistics management trends

EazyStock

Improving forecast accuracy. Accurate demand forecasts can help you stay on top of inventory and improve strategic planning for different risk scenarios. Poor forecasting brings a high risk of stockouts or excess and obsolete stock. You can read more about demand forecasting techniques in our article.

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How Manufacturers Can Take Control of Inventory with RFID Technology

QAD

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. Passive Ultra High Frequency (UHF) tags are frequently used to track consumer products. RFID tags can reduce out of stocks by up to 80.3%

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Machine Learning in Supply Chain: Definition, Uses, Case Studies

Unleashed

In this article, we explore the potential of machine learning in supply chain management and the different types and uses of the technology. These include but are not limited to identifying stock fluctuations, forecasting trends and demands for products, and optimizing delivery processes.

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This Week in Logistics News (August 17-21, 2015)

Talking Logistics

One of the emails I did keep and read with interest was the first item in this week’s supply chain and logistics news… Infor to Acquire GT Nexus. GEODIS acquires OHL (Ozburn-Hessey Logistics) and enhances its Freight Forwarding and Contract Logistics offering in the US. And with that, have a happy weekend!