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Advanced Supply Chain Planning with Probabilistic Forecasting

ToolsGroup

In the fast-paced world of modern supply chains, traditional forecasting methods fall short. Advanced supply chain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization.

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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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Lenovo Excels in Supply Chain Planning with a Hybrid Approach

Logistics Viewpoints

The high-tech firm is more than a manufacturer of PCs, tablets, smartphones, and servers. The company has more than 2000 suppliers and operates over 30 manufacturing sites. Jack Fiedler : We’re unique in the technology industry. We’ve taken the same hybrid approach from a supply chain technology perspective.

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Direct Spend Management: A Checklist for Enabling Shared Value with Direct Suppliers

Logistics Viewpoints

Access to Unique Process and Asset Capabilities: Some suppliers offer unique skills, technologies, or processes that are not available in-house or through other sources. Or they may have expertise in manufacturing processes and have flexible capacity to allow contract manufacturing for new product introduction.

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

From consumer electronics to automotive manufacturing, most of the global economy’s largest industries rely on some form of discrete manufacturing. Manufacturers in these industries face several unique challenges: Labor and material shortages halting production.

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Manhattan Associates Joins a Select Group of SCM Software Vendors in the Billion Dollar Club

Logistics Viewpoints

Manhattan joins a select group of supply chain software suppliers generating over $1 billion in annual revenue. Manhattan Associates is a leader in two markets, warehouse management systems and omnichannel systems. Manhattan has been on a journey to get all their products on their microservices cloud-native Active Platform.

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Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. Organizations examine past sales trends, apply seasonal adjustments, and make forecasts based on historical models. Amazon is a leader in AI-driven supply chain management.