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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Demand forecasts are improved with access to downstream data (point of sale, Nielsen retail data, and access to competitor promotion schedules). Other external data, like industry data or economic data, is used for other types of forecasts. forecasting product sales at 10,000 stores. This sounds obvious.

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Top Supply Chain Trends for 2023 and Beyond

Logistics Viewpoints

Preliminary data from last Monday – October 31 st – reported Eurozone inflation running at 10.7% Companies that can monitor downstream demand signals and use that data to make more frequent forecasts will see their forecasting accuracy improve much faster than companies using traditional forecasting methods. for October.

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How much stuff is enough?

Logistics in War

Consequently, I read with fascinated interest David Beaumont’s recent post “ Toilet Paper and Total War ”, which unfortunately also refreshed a number of other instances in recent history where competition for limited resources to support military activities led to a series of unintended consequences.

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7 Supply Chain and Logistics Trends to Watch in 2018

Logistics Bureau

2018 Trend #2: Big Data and Advanced Analytics in the Cloud. Fear of the cloud is diminishing as concerns over data security give way to the desire for fast, flexible, high-powered computing. As legacy systems are retired, companies are replacing them with on-demand , cloud-based data solutions and services.

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Building AI to Unlearn Bias in Recruiting

Research shows that the hiring process is biased and unfair. While we have made progress to solve this, it’s potentially at risk due to advancements in AI technology. This eBook covers these issues & shows you how AI can ensure workplace diversity.

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7 Ways Augmented Reality in Manufacturing Will Revolutionize The Industry!

GlobalTranz

You Can Access Data Easily. Airbus has been using augmented reality in manufacturing for several purposes under the brand Smart Augmented Reality Tool (SART) since 2011. They can also view KPIs in real-time as well as diagnose and resolve the issue without interfering with production. You Use It For Training.

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Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

I was wrong, for example, about obstructive sleep apnea becoming the new debate in trucking; the debate ended before it really started after the Federal Motor Carrier Safety Administration and Federal Railroad Administration withdrew their proposed rule to have rail workers and commercial motor vehicle drivers tested for obstructive sleep apnea.