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Mean Absolute Percentage Error (MAPE) Has Served Its Duty and Should Now Retire

BlueYonder

Before diving into granular forecasting in retail (on product-location-day level), let’s suppose to predict a much larger quantity: The yearly gross domestic product (GDP) of countries, measured in US$. The US GPD is much larger than Tuvalu’s, but one would consciously, and for good reasons, decide to treat them equally.

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Manufacturing Pulse Report 2016

Supply Chain Movement

Furthermore, while the combination of in-store and online shopping – omnichannel – has long been a feature of the retail world, it is only now really starting to impact the manufacturing sector. The dynamics of selling directly to customers are far different than manufacturers’ previous experience of selling to retail partners.

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Most desirable logistics location of Europe in 2018

Supply Chain Movement

The Netherlands secured first place based on the results from the large-scale survey among logistics decision-makers within manufacturing and retail companies in Germany. Taiwan, Province of China. Tajikistan. Tanzania, United Republic of. Timor-leste. Trinidad and Tobago. Turkmenistan. Turks and Caicos Islands. United Arab Emirates.

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Strategic moves among logistics providers

Supply Chain Movement

Manufacturers and retailers welcome the ongoing consolidation in the fragmented logistics industry. Manufacturers and retailers had a generally positive outlook on the prospect of consolidation. Fourth release of 3PL Subway Map Europe. Taiwan, Province of China. Tajikistan. Tanzania, United Republic of. Timor-leste. Turkmenistan.

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Gradual changes in the European supply chain consulting market

Supply Chain Movement

Firstly, in May 2015, it acquired the Javelin Group, specialised in transforming end-to-end supply chain and retail operations for the digital era and with offices in the UK and France. Through these acquisitions, Accenture hopes to develop a complete service offering in the rapidly changing omni-channel retail world. Tajikistan.

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Updated IT Subway Map: Major acquisitions in SC software

Supply Chain Movement

directly from their suppliers, from their own warehouse or even from a retail store). Taiwan, Province of China. Tajikistan. Tanzania, United Republic of. Timor-leste. Trinidad and Tobago. Turkmenistan. Turks and Caicos Islands. United Arab Emirates. United Kingdom. United States. United States Minor Outlying Islands. Uzbekistan.

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Mindmap for the Fashion & Luxury Goods Market

Supply Chain Movement

The retail channels demand high service levels, while planning is becoming increasingly difficult. The most important route to supply chain improvement is through true collaboration between retailers, distributors, brand owners, manufacturers and their suppliers based on demand-driven information and analysis. Tajikistan. Timor-leste.