Predictive analytics has reshaped the modern supply chain and provides key insights that help anticipate demand, optimize inventory, and streamline logistics.
Forward-looking resilience strategies businesses can implement amid the International Longshoremen’s Association (ILA) port strike, impacting ports across the East and Gulf Coasts.
Choosing the right supply and demand planning software for your business can be daunting. With so many options available, each claiming to be the perfect solution, it’s easy to feel overwhelmed.
Accurate inventory forecasts provide data to place optimal orders and help track sales. What inventory forecasting activities are you using to optimize your supply chain?
Businesses often insist on forecasting weekly, based on considerable demand variation from week to week. The rationale is weekly forecasting will be more accurate, will improve replenishment planning, and will lead to a better managed overall inventory. But will it?