article thumbnail

Thoughts. Selecting Supply Chain Software

Supply Chain Shaman

Business leaders see the open sharing of feedback on software as too risky. How can I improve the process of software selection? How can I improve the process of software selection? Buying supply chain planning software is hard. Many technologies (I count six) are missing, and most of the ratings are just wrong.

article thumbnail

How to Hurdle the Biggest Barrier to Supply Chain Transparency: Data

Logistics Viewpoints

Proprietary warehouse, transportation , and labor management systems bolted onto legacy ERP systems, all “enriched” with off-the-shelf and bespoke software solutions, are a recipe for disaster. Yet, the money was spent, and the technology is now in place. Every system in your network collects it and stores it somewhere.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Demand Planning Software – Top 3 Demand Forecasting Mistakes to Avoid

Logility

Top 3 Demand Forecasting Mistakes —How To Avoid Them with Demand planning software Demand forecasting is a critical facet of successful business operations, acting as the helm guiding companies through the rocks hiding beneath the water of market demands. What is Demand Forecasting?

article thumbnail

ToolsGroup Welcomes Pierre Custeau as Chief Technology Officer

ToolsGroup

Montreal-based executive brings extensive experience in AI-driven SaaS technology. BOSTON — Oct 6, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, announces it has appointed Pierre Custeau as Chief Technology Officer. .

article thumbnail

Why a Modern BI Platform is Needed for Predictive Analytics

Silvon Software

Predictive Analytics has emerged as a pivotal tool in this quest, offering unprecedented foresight into market trends, consumer behavior, and operational efficiencies. However, the effectiveness of predictive analytics hinges significantly on the robustness and modernized capabilities of the underlying Business Intelligence (BI) platform.

article thumbnail

2022 Forecast: Supply Chains Become Critical Infrastructure

ToolsGroup

You can read more about it in the FT , CNBC , and many other sources or listen to Goldman Sachs’ podcast. Image source: New York Times. The good news: we have the technology to solve this now. We have the technology today to build critical infrastructure for a global end-to-end (from raw materials to the consumer) supply chain.

article thumbnail

Get Started Using Machine Learning for New Product Forecasting

ToolsGroup

Adding to this already uphill battle, we don’t have trustworthy new product forecasting methods because forecasting new products with no sales data is very hit-and-miss. Machine learning (ML) provides an effective weapon for your new product forecasting arsenal. Why is new product forecasting important?