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Probabilistic Forecasting: The Future of Supply Chain Planning

ToolsGroup

Traditional supply chain planning tools rely on deterministic forecasting, generating single-point estimates that often misrepresent real-world complexities. However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires.

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Advanced Supply Chain Planning with Probabilistic Forecasting

ToolsGroup

Traditional supply chain planning tools rely on deterministic forecasting, generating single-point estimates that often misrepresent real-world complexities. However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires.

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Google Will Acquire a 3PL – And Other Supply Chain and Logistics Predictions for 2015

Talking Logistics

made that prediction in 2008 (see the Barron’s article What $300-a-Barrel Oil Will Mean for You ). Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). million bbl/d in 2015.” .

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Digital Transformation Journey in Supply Chain Planning

Logistics Viewpoints

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Accurate and timely reconciliation of purchase orders with receipts.

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Transforming Supply Chain Planning: Embrace the Shift

Bristlecone

Integrate systems of record, systems of engagement, and industry-leading solutions to enable real-time decision-making powered by cognitive insights. Global CPG manufacturer achieved 85% touchless purchase order adherence by improving master data, planning parameters in the system, and loss-free analysis.

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Manufacturing Execution Systems: How MES Transforms Production Efficiency

Jaggaer

A manufacturing execution system (MES) is a comprehensive, dynamic software system that monitors, tracks, documents, and controls the process of manufacturing goodsfrom raw materials to finished products. AI algorithms interpret this data to make smart, predictive decisions that can automatically adjust the production process in real time.

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Supply Chain and Logistics Predictions for 2016

Talking Logistics

Well, my big audacious prediction for 2015 did not come true. Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. But some of my other predictions did hit the mark or came close. Making supply chain and logistics predictions is like throwing darts at a moving target.