Put down the pen and paper and shelve the spreadsheets. Artificial intelligence (AI) and advanced machine learning are the next-generation tools for demand forecasting in distribution. That was the ...
When supply chain practitioners think about forecasting, they focus on demand forecasting. Demand forecasting is essential, but the number of different forecasts that an effective organization should ...
From new tariffs and trade uncertainty to geopolitical tension and extreme weather events, external forces have upended traditional demand forecasting approaches. Among those most impacted are the CPG ...
The shock event methodology previously outlined has been applied to two example, real-life airports to illustrate the application of the methodology and to one illustrative GA airport to demonstrate ...
Supply chain leaders are increasingly turning to artificial intelligence to revolutionize their demand-forecasting and inventory-management strategies. This shift comes as traditional forecasting ...
The requirements for retail success don’t get much more basic than the ability to accurately forecast customer demand. Even a mom-and-pop bodega has to have a pretty good sense of how many people will ...
Editor's Note: This article first appeared in the September 2024 issue of Supply Chain Management Review. For more content like this, click here to subscribe to either the print or digital edition of ...
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