Forecasting Related Topics 
ToolsGroup
MARCH 19, 2025
At ToolsGroup, we’ve long championed probabilistic demand forecasting (also known as stochastic forecasting) as the cornerstone of effective supply chain management software. Like betting that a champion racehorse will win a specific race, this “single-number” forecast assumes one definitive result.
ToolsGroup
MARCH 11, 2025
Demand forecasting is a critical strategy for supply chain management that can dramatically improve business decision-making and financial performance. However, securing leadership buy-in for demand forecasting technology requires a strategic approach that clearly demonstrates value.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
ToolsGroup
FEBRUARY 12, 2025
But many supply chain practitioners dont realize that the most common approach to supply chain planningusing a demand-driven forecast as the primary input to future planningis just as outdated. Forecast Accuracy vs. Uncertainty Uncertainty-driven demand forecasting assumes that accuracy is an ongoing challenge.
ToolsGroup
FEBRUARY 24, 2025
Demand forecasting has evolved dramatically in recent years. Traditional forecasting methods often fail under high variability, leading to excess costs, stockouts, and obsolescence. What is Demand Forecasting in Supply Chain Management? What is Demand Forecasting in Supply Chain Management?
Advertiser: GEP
From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*.
ToolsGroup
FEBRUARY 24, 2025
Demand forecasting has evolved dramatically in recent years. Traditional forecasting methods often fail under high variability, leading to excess costs, stockouts, and obsolescence. What is Demand Forecasting in Supply Chain Management? What is Demand Forecasting in Supply Chain Management? Image source: Stefan de Kok 2.
ToolsGroup
MARCH 17, 2025
The Power of Probabilistic Demand Forecasting Software Traditional supply chain management relied on historical data and single-point forecasts, leaving businesses vulnerable to disruptions. Probabilistic Demand Forecasting represents a paradigm shift in supply chain planning. On average, our customers achieve: 99.9%
Speaker: Brian Dooley, Director SC Navigator, AIMMS
Is your demand forecasting process evolving with the times? Are you satisfied with your level of forecast accuracy? This webinar shares research findings from a recent survey among supply chain planning professionals and delves into the following: Who is typically responsible for forecasting? How are demand forecasts evolving?
Advertiser: ZoomInfo
Every sales forecasting model has a different strength and predictability method. Your future sales forecast? It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Sunny skies (and success) are just ahead!
Agility and accuracy don’t necessarily need to be at logger heads. In-fact, anticipatory agility enabled by AI and Machine Learning can move the accuracy frontier forward in terms of validity and consistency driving significant business value.
Advertisement
Whether you realize it or not, Machine Learning is having a profound impact on your everyday life.
Advertisement
As unavoidable variability adds more complexity to your supply chain, this guide shares the effects of uncertainty on businesses and explores ways to alleviate uncertainty & increase manageability through greater forecast accuracy.
Advertisement
Artificial intelligence designed for demand planning brings the following benefits: Immediate forecast error reduction of 15-40%: this drives optimal service & stock levels. No onboarding time since the models are self-tuning: say goodbye to long & costly implementation times.
Speaker: Eva Dawkins - Senior Consultant, Supply Chain
Join us for this exclusive webinar with Eva Dawkins as she dives into research behind demand planning and forecasting for supply chain success. However, to pull this off, companies must first establish crucial supporting people processes - in particular, planning processes.
Speaker: Irina Rosca, Director of Supply Chain Operations, Helix
As we plan for the world of eCommerce and the customer expectation of quick, free shipping, our ability to forecast is turned on its head. How many distribution centers do we even need, and is that number feasible? Can we use historical data to plan for demand and design our networks, or is there a better way?
Expert insights. Personalized for you.
156 
Let's personalize your content