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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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Autonomous Business Planning Is Not Only Possible, It Has Already Been Achieved

Logistics Viewpoints

During my current supply chain planning market research, I have received briefings from several SCP companies. Many say that they are using generative AI, a type of AI that can create new content and ideas, as part of their journey toward autonomous planning. Solvoyo has a metric they call the user acceptance rate.

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The Importance of Energy Transition and Sustainability in the Logistics and Supply Chain Industry

Logistics Viewpoints

The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Businesses face heightened uncertainty in managing costs and securing stable energy supplies.

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Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynote speaker. It is a brilliant tool.” The Warner Music Group was an early adopter.

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The Supply Chain Merry-Go-Around

Supply Chain Shaman

My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supply chain planning market. Logility, a conservative company supply chain planning technology, historically had no debt and cash reserves of more than 80M, is undervalued in this deal.

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Aligning Supply Chain Metrics to Improve Value

Supply Chain Shaman

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. In my post Mea Culpa, I reference my work with the Gartner Supply Chain Hierarchy of Metrics. They do not excel in planning or forecasting.