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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

When it comes to running a company, when things break down executives have traditionally said “we need to improve our forecasting!” Would better forecasting accuracy be a good thing? Unfortunately, most companies cannot, and will never be able to, consistently rely on highly accurate forecasts. Absolutely!

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Options for inventory planning and forecasting

SYSPRO Smarter ERP

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. More recently, artificial intelligence (AI) has been promoted as the way to address the complexities of inventory planning and forecasting. Using AI in inventory management.

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Building Smarter Warehouses with the Latest in Smart Warehousing Technologies

Invata Intralogistics

Today, warehouses are transforming from traditional back-end facilities into high-tech, data-driven distribution centers that are more efficient, accurate, and responsive than ever. Trends toward innovative warehousing are not just about innovation but survival and growth in an increasingly competitive market.

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Options for inventory planning and forecasting

SYSPRO Smarter ERP

In an increasingly unpredictable world environment, practices for planning and forecasting inventory levels that worked in the past need to be reviewed. More recently, artificial intelligence (AI) has been promoted as the way to address the complexities of inventory planning and forecasting. Using AI in inventory management.

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The Warehouse Execution System: A New Competitive Imperative

Logistics Viewpoints

In today’s fast-paced, hyper-competitive, omni-channel world, warehouses play a critical role in maximizing service and fulfilling the ambitious customer promises that are required today. Warehouses also represent an enormous cost center. Volatile demand means warehouses need to pivot quickly when order volumes change.

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2021 Logistics Outlook: Truckload Freight Market Forecast

GlobalTranz

During the second half of the year, consumers shifted their spending from in-store to buying online, and sellers had to adjust their warehousing and fulfillment networks. The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. Contact GlobalTranz Today.

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Manhattan Associates Releases a Ground-breaking Supply Chain Planning Solution

Logistics Viewpoints

However, the disconnect can also occur because the supply plan not only lacks sufficient granularity in modeling the constraints that occur in manufacturing, but the model is also not granular enough in its understanding of warehousing and transportation constraints. The same disconnect can happen in the warehouse and in transportation.