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Demand Sensing: How to Unlock Smarter Supply Chains with AI

Logility

Artificial intelligence (AI) and rapidly developing generative AI tools provide complex, real-time, and in-depth insights specific to supply chain management. Further, AI-driven demand sensing allows businesses to combine scattered data which is essential for better forecast accuracy.

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Machine Learning in Demand Planning: How to Boost Forecasting

ToolsGroup

Machine learning (ML)a specialized field within artificial intelligence (AI)is revolutionizing demand planning and supply chain management. According to McKinsey , organizations implementing AI-driven demand forecasting solutions can reduce forecast errors by 30% to 50%.

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Probabilistic Demand Forecasting: Revolutionizing Supply Chains

ToolsGroup

At ToolsGroup, we’ve long championed probabilistic demand forecasting (also known as stochastic forecasting) as the cornerstone of effective supply chain management software. In conventional supply chain planning , planners using basic tools (typically spreadsheets or legacy systems) forecast just one number for each item.

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Ethical Considerations in Supply Chain Compliance

Logistics Viewpoints

The modern supply chain is a complex network of suppliers, manufacturers, distributors, and customers, all interconnected and reliant on a shared ecosystem of trust and accountability. As industries evolve and global markets expand, ethical considerations have become central to supply chain compliance.

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Supply Chain Resilience Checklist

Strengthen your operations with the Supply Chain Resilience Checklist. This practical, easy-to-use tool helps your organization prepare for disruptions and ensure long-term continuity in an unpredictable world.

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Safety Stock – Mastering Demand and Supply Chain Planning

ToolsGroup

Safety Stock: Navigating Supply Chain Volatility Through Strategic Inventory Planning Demand volatility represents a critical challenge for supply chain executives today, with safety stock emerging as a key strategic tool to mitigate market uncertainties.

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Lenovo Excels in Supply Chain Planning with a Hybrid Approach

Logistics Viewpoints

Jack Fiedler, the vice president for digital transformation of the global supply chain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supply chains. We run one of the few truly hybrid supply chain networks. That has worked out well for us.

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Geopolitical & Regulatory Issues: The Path Forward in Supply Chain & Logistics

Speaker: Lisa Anderson, MBA, CSCP, CLTD - President of LMA Consulting Group, S&OP Expert, and Speaker

The world of supply chain and logistics has been plagued with volatility, disruptions, and increased regulations. In this webinar, we will talk about the current status of the supply chain and what the successful and unsuccessful paths forward will look like.

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Leveraging Supply Chain Data for Competitive Advantage

What does it mean to become a digital business or digital supply chain?

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Buyer's Guide for Supply Chain Network Design Software

Network design as a discipline is complex and too many businesses are still relying on spreadsheets to design and optimize their supply chain. As a result, most organizations struggle to answer network design questions or test hypotheses in weeks, when results are demanded in hours.

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Protecting Your Supply Chain Against Economic Uncertainty

How will that economic uncertainty impact your supply chain? Discover 5 major supply chain risks and how to manage them. Many are predicting a recession due to inflation rates, market performance, and global events like Russia's war in Ukraine.

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The Sustainable Supply Chain: Realizing Costs Savings and Increased Efficiencies Through Data Discovery

The sustainable supply chain is the future supply chain.

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New Supply Chain Design Software Benefits Calculator

How much can you save by optimizing your supply chain network? What's the ROI of supply chain network design software? Take our calculator for a spin to see how much you can save per year by optimizing your supply chain network. Our benefits calculator helps you find out. We often get asked this question.

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Supply Chain Evolution: Digital Transformation Is the Way Forward

A new study by The Economist shows that 54% of enterprises want to rethink their supply chains. How would supply chains evolve from here? And what should supply chain leaders be doing differently? Make them more agile and resilient. Download the report today!

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GEP Procurement & Supply Chain Tech Trends Report

And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?