Supply chain forecasting is becoming an increasingly critical component of operational success. Accurate forecasting enables companies to optimize inventory levels, reduce waste, enhance customer ...
Picture a single forecasting mistake triggering a cascade of negative consequences, such as surplus inventory, strained supplier relationships and disappointed customers. In today's world, accurate ...
Supply chain forecasting was never an easy process. Millions of dollars were lost each year due to inventory overstock and understock even before the Covid-19 pandemic. Forecasting grows even more ...
Mattress Firm has selected Invent.ai to provide AI-driven inventory solutions for demand forecasting, store and DC replenishment and merchandise financial planning (MFP). The move is designed to ...
Editor’s Note: The SCM capstone Dealing with Supply Chain Complexities with Scenario Intelligence was authored by Luis Felipe Bitencourt de Brito Sena and Zhan Ding. The project was supervised by Dr.
Although companies have invested enormous sums on advanced planning and scheduling, forecasting, master planning and similar systems to improve supply-chain effectiveness, every day things still can - ...