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Thoughts. Selecting Supply Chain Software

Supply Chain Shaman

In 2012, when I started Supply Chain Insights , I believed that I could revolutionize the purchase of supply chain planning solutions by initiating a rating and review process across trading partners. Business leaders see the open sharing of feedback on software as too risky. How can I improve the process of software selection?

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. When it comes to running a company, when things break down executives have traditionally said “we need to improve our forecasting!” Would better forecasting accuracy be a good thing? Absolutely!

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For Distributors, Mitigating Supply Uncertainty Begins with a Better Forecast

ToolsGroup

Accurate forecasting of uncertain demand. Probabilistic forecasting then produces a range of possible outcomes with probabilities assigned to all values within the range. Probabilistic forecasting then produces a range of possible outcomes with probabilities assigned to all values within the range. Right-sizing inventory.

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Demand Forecasting Software: Demystifying AI

Logility

Demand forecasting plays a crucial role in business success, as it helps predict customer demand and plan inventory effectively. However, traditional forecasting methods often fall short in accuracy. Fortunately, with the advent of artificial intelligence (AI), demand forecasting software has undergone a significant transformation.

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The Top Five Benefits of Using Machine Learning for Demand Forecasting

Logility

Machine Learning for demand forecasting has matured to a level of accuracy, transparency and replicability that translates into transformative results, including in these five areas: Accuracy, transparency, thoroughness of analytical options and results. Let’s take a closer look at each one. Accuracy and transparency. Greed for more data.

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Nespresso Optimizes Orders and Inventory with End-to-End Digital Supply Chain Planning

ToolsGroup

Nespresso addressed this challenge by digitizing its end-to-end supply chain – from demand forecasts to order deliveries to points-of-sale—thanks to ToolsGroup’s digital supply chain planning platform. What critical issues have you addressed with this solution? AI automation offers many advantages: Increased forecasting accuracy.

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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Configure to Order: This strategy involves customizing standard products based on customer specifications. Nari Viswanathan is currently Sr.