ToolsGroup
MARCH 25, 2025
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%.
Supply Chain Shaman
SEPTEMBER 13, 2023
Over the last two years, I actively engaged technologists and business leaders to redefine demand planning. In the industry, supply-centric techniques reign with lots of bravado and messaging on control towers, Demand-driven Materials Requirements Planning (DDMRP), and generative AI. Should companies care? I think so.
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Logistics Viewpoints
APRIL 4, 2024
During summer days, I didn’t mind doing inventory checks in the fridge and freezer because it meant I got to cool down. Given that we are in the age of AI/ML, I often think of how the small deli where I worked was a perfect training ground for applying AI/ML in fresh supply chain planning.
ToolsGroup
APRIL 17, 2025
Traditional demand forecasting methods often fall short, resulting in inefficiencies, excess inventory, and lost revenue. Machine learning is transforming the demand planning process, enhancing demand forecast accuracy, optimizing inventory management, and strengthening supply chain resilience.
Speaker: Lisa Anderson, MBA, CSCP, CLTD - President of LMA Consulting Group, S&OP Expert, and Speaker
Join demand planning and SIOP expert Lisa Anderson for a riveting discussion evaluating the geopolitical landscape and looking at the bigger picture to create a path forward. Several issues are converging simultaneously, creating a precarious path forward.
ToolsGroup
MARCH 3, 2021
This article will explore the different retail channels and reveal tips for finally mastering demand forecasting for the fashion industry. Demand planning for direct and indirect channels. The COVID pandemic certainly introduced demand shifts and supplier challenges which have been clearly demonstrated in the fashion industry.
ToolsGroup
OCTOBER 14, 2024
This article will examine the challenges Belcorp faced with managing its extensive product range and complex supply chain and how our solution set, which includes Service Optimizer 99+ (SO99+), Demand Planning, and the Multi-Echelon Inventory Optimization (MEIO) model, transformed their operations. It played out as follows.
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