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.
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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approach to supply chain planningusing a demand-driven forecast as the primary input to future planningis just as outdated.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?
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: Irina Rosca, Director of Supply Chain Operations, Helix
Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization.
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. If we're going to offer the speed of shipping and variety of inventory that today's customers have come to expect, there are a lot of different questions that need to be asked.
Speaker: Olivia Montgomery, Associate Principal Supply Chain Analyst
Forecasting techniques to manage inventory. In this webinar, you’ll gain actionable insights from Olivia Montgomery as she walks us through Capterra’s extensive research on how businesses - notably SMBs - are addressing supply chain challenges in 2023. You'll learn more about: Trending supply chain tech investments to consider.
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