Remove Examples Remove How To Remove Tools Remove Trends
article thumbnail

Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains

3PL Links

Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains | Image source: Flickr Understanding logistics trends is essential for business, and trend research may help organizations of all sizes predict changes, spot areas for innovation, and remain relevant in a market that is becoming more and more competitive.

article thumbnail

How to create a reliable supply chain with effective forecasting and inventory management

SYSPRO Smarter ERP

It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Other related tools such as Pareto analysis identify which products are most profitable and hence those you should focus your attention on.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to Prepare for Global Logistics in 2022

CH Robinson Logistics

For example, while it may not be feasible to transport 100% of your freight via air, air freight continues to be the fastest way to replenish inventory, so prioritizing specific freight can help keep cargo moving. Additionally, the right technology tools can give you the visibility and predictability you need to adjust.

article thumbnail

2023 supply chain and logistics management trends

EazyStock

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Demand forecasting software can integrate with your ERP or business system to automatically generate a demand forecast that considers demand variance, seasonality, trends and promotions.

article thumbnail

2023 supply chain and logistics management trends

EazyStock

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Demand forecasting software can integrate with your ERP or business system to automatically generate a demand forecast that considers demand variance, seasonality, trends and promotions.

article thumbnail

Demand forecasting challenges – how to deal with fluctuating demand

EazyStock

There have been significant shifts in customer behavior, making it hard to base assumptions on consumer trends. How to overcome demand forecasting challenges. As a first step, if you have access to historical data, look for a sales period with similar trends and market dynamics as the present day (if possible).

article thumbnail

Generative AI in Supply Chain: How It Impacts Your Logistics

Trinity Logistics

Foundational Model This is where the training/learning takes place, where you’re teaching the AI how to look at things and look at input. That is one example of a public version of Generative AI. There are advances in the works to help “fact check” the tool, but you must remember whatever Generative AI does today is opaque.