Logility

JUNE 23, 2023

That’s precisely what demand forecasting feels like for many businesses today. Enter causal forecasting. It’s not just about what happened in the past but also includes current factors like market trends, promotions, and even the weather. What is Causal Forecasting? What are Causal Models?

Forecasting 192

Forecasting Forecasting Software Modeling Predictive Analytics Software 192

ToolsGroup

APRIL 25, 2019

Anyone who has done demand planning knows it is extremely complex, with forecasting challenges and rapidly shifting consumer demand, often exacerbated by seasonality, new product introductions, promotions, and myriad causal factors (e.g. Unfortunately, the transition requires a more moderated approach to achieve success.

Supply and Demand 227

Supply and Demand Demand Planning Modeling Supply Chain Planning Software 227

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

Logility

MARCH 29, 2017

Is 100% forecast accuracy attainable? Anyone that has ever had to forecast demand for products or services knows that obtaining a consistently high forecast accuracy is part science and part magic. Clearly, forecast accuracy is very important. Clearly, forecast accuracy is very important. Should it be?

Forecasting 100

Forecasting Forecasting Software Supply Chain Planning Software Agile and Lean Supply Chain 100

RELEX Solutions

AUGUST 7, 2018

The survey responses also demonstrate that grocery retailers with less advanced store replenishment practices are almost five times more likely to suffer from above-average spoilage levels than their competitors who use forecast-driven store replenishment extensively. per store and product.

Food 28

Food Waste Reduction Forecasting Retail 28

Supply Chain Trend

DECEMBER 22, 2023

It will describe more of a new business model/approach, adaptions to the realities of todays world, using the possibilities of todays technology. I think it is time to update the IBP belief sytem to be more reflective of current times, technology & ways of working, and create a modern IBP vision. I was a planner once.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

RELEX Solutions

NOVEMBER 7, 2017

Fresh Forecasting & Replenishment: Running an Efficient Omnichannel Grocery Retail Operation. Only a few years back, many senior grocery retail executives were looking at the world of eCommerce and saying, more or less, “it’s not for us’. Of course, holidays and seasonal changes in demand also need to be considered in forecasting.

Forecasting 28

Forecasting Sourcing Strategies Forecasting Software Optimal Sourcing 28