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

BlueYonder

This is not dry theory: We simulate a supermarket that relies on a MAPE-optimizing forecast value fed into replenishment. A model with a nice 3% error on the US GDP and an unacceptable 200% error on the Tuvalu GDP would appear to be “better” than a model with 4% error on the US GDP and 10% error on Tuvalu GDP in absolute US$ terms.

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Mindmap for Supply Chain Execution 24/7

Supply Chain Movement

Such huge pressure on sales is also dragging the supply chain department(s) towards an ever-higher service level. Mindmap Supply Chain Execution 24/7. To ensure successful supply chain execution, the company must take these external developments into account: Plan. Choose country. Afghanistan. Åland Islands.

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Rethinking your optimum

Supply Chain Movement

Rethink your optimum: Prepare your supply chain for the challenges of 2017 and beyond. Advanced analytics and optimization technology is the game-changing advantage that will push you past the competition – giving your business more agility, higher accuracy and sharper insights to maximize your revenue. Tajikistan. Timor-leste.

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Mind Map for Order Management 2.0

Supply Chain Movement

Global competition is forcing companies to optimally manage the orders they have scored. Supply chain execution software can coordinate the necessary alignment process between the various systems within the network. Companies competing globally not only have to secure orders from customers but also have to fulfil them optimally.

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Mindmap for Global Logistics Integration

Supply Chain Movement

Supply Chain Movement and software vendor Eyefreight have therefore developed this mindmap for Global Logistics Integration, outlining the route to achievement and providing road signs to flag potential hazards along the way. >>Please Goods have to be transported across the globe and across the neighbourhood. Tajikistan.

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Mindmap for the Fashion & Luxury Goods Market

Supply Chain Movement

Adequate demand planning and accurate inventory investments are key to successful supply chain management in this fast-moving industry. Companies must invest in and balance their inventories more wisely to ensure optimal on-shelf availability in all commercial outlets. Taiwan, Province of China. Tajikistan. Timor-leste.

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Complex costs of transportation

Supply Chain Movement

Supply Chain Movement and software vendor Eyefreight have developed this checklist to provide to pinpoint the key drivers of Freight Spend Management. To anticipate and respond to high customer demand, a modern Transportation Management System (TMS) needs to optimize inventory allocation. Taiwan, Province of China. Tajikistan.