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Probabilistic Forecasting: The Future of Supply Chain Planning

ToolsGroup

In the fast-paced world of modern supply chains, traditional forecasting methods fall short. Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks.

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Machine Learning in Demand Planning: How to Boost Forecasting

ToolsGroup

Machine learning (ML)a specialized field within artificial intelligence (AI)is revolutionizing demand planning and supply chain management. These improvements directly strengthen the bottom line, making ML capabilities an essential component of modern supply chain management software.

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Do Digital Your Way. Sidestep the Supply Chain Conquistadors

Supply Chain Shaman

In a recent research project, we found that 2/3 of companies had a digital supply chain transformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation. Supply Chain 4.0.

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Manufacturing ERP Software Comparison: Guide to Buying in 2025

RFgen

Manufacturing ERP (Enterprise Resource Planning) software integrates all your core business processes into one powerful platform. Think of it as the central nervous system of your operation, connecting everything from production planning and inventory control to supply chain management and financial reporting.

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Is it too Early For 2022 Predictions?

Logistics Viewpoints

With Christmas goods in stores before Halloween this year, I thought there was no reason that we shouldn’t also get a jump on 2022 predictions. Global supply chains will be busy, congested and chaotic. Global supply chains will be busy, congested and chaotic. Here’s what to look for in 2022.

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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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Top Supply Chain Challenges for CPG companies in 2023

Logistics Viewpoints

Autonomous Supply Chains In this competitive environment, a CPG manufacturer needs to fight to get space on retailer shelves in each region, keep those shelves stocked, compete and collaborate simultaneously with e-commerce, and maintain its operating margins. each with discrete plans generated typically in sequential batch runs.