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Probabilistic Demand Forecasting: Revolutionizing Supply Chains

ToolsGroup

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.

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How Demand Forecasting Software Turns Uncertainty Into a Competitive Advantage

ToolsGroup

Unexpected challenges like shifts in global markets, economic upheaval, commodity shortages, advancements in technology, or environmental changes can send shockwaves through operations in unexpected ways. Probabilistic Demand Forecasting represents a paradigm shift in supply chain planning. On average, our customers achieve: 99.9%

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Executives Exploring AI Need to Understand Data Fabrics

Logistics Viewpoints

Frederic Laluyaux, the CEO of Aera Technology, agrees with this assessment. Masson of ARC points out, “Each AI use case requires specific datasets and may necessitate different tools and techniques.” Short-term forecasting relies on POS and other forms of downstream data. trillion rows of data into the platform. “So

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CTSI-Global’s Role in Transportation Management Technology

Logistics Viewpoints

CTSI-Global operates at the intersection of logistics and technology, focusing on solutions that address the challenges of transportation management. Designed to integrate seamlessly with enterprise resource planning (ERP) systems through APIs and batch processes, the TMS facilitates smooth data flow and operational efficiency.

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5 Perceptions on Demand Forecasting and How it's Changing

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?

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Fleet Management 2.0: The Rise of Connected Vehicles in Global Supply Chains

Logistics Viewpoints

Similarly, UPS uses its ORION system, which integrates real-time and historical data to optimize delivery routes, saving fuel and enhancing delivery reliability. Enhanced Efficiency Through Real-Time Data Connected vehicle technology drives efficiency improvements across route planning, driver safety, maintenance, and fuel management.

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Lenovo Excels in Supply Chain Planning with a Hybrid Approach

Logistics Viewpoints

Jack Fiedler : We’re unique in the technology industry. We’ve taken the same hybrid approach from a supply chain technology perspective. I’m responsible for the overall digital transformation, including technology. But then it very quickly evolved into a full intelligence platform.

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The 4 Keys to Demand Planning in 2023 and Beyond

Speaker: Eva Dawkins - Senior Consultant, Supply Chain

We know technology improvements can improve supply chain operations and add significant value for companies even in turbulent times. Join us for this exclusive webinar with Eva Dawkins as she dives into research behind demand planning and forecasting for supply chain success.

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How Data Analytics Can Solve the Challenges Faced by SC Leaders in Discrete Manufacturing

Difficulty forecasting demand due to constant supply chain disruptions. This report covers everything supply chain leaders would need to know about Data Analytics – from different types of supply chain analytics to requirements in a supply chain platform and more.

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Easily Build an Optimization App and Empower Your Data

Speaker: Gertjan de Lange

If the last few years have illustrated one thing, it’s that modeling techniques, forecasting strategies, and data optimization are imperative for solving complex business problems and weathering uncertainty. See how an end-user runs the new model from their browser device, with no other software needed.