Adjusting business operations to account for customer demand is a basic requirement of any business that wants to compete in the open market. Many of these businesses practice principles of both ...

Forbes contributors publish independent expert analyses and insights. I cover logistics and supply chain management. There are a lot more demand forecasts being made today at companies then their used ...

Fabletics is digitally overhauling its demand planning and forecasting systems to support its growth objectives, according to a Feb. 13 press release. Using Blue Yonder’s supply chain planning ...

Forbes contributors publish independent expert analyses and insights. I cover logistics and supply chain management. While machine learning and artificial intelligence (AI) have been used in supply ...

“Generals are always prepared to fight the last war,” Winston S. Churchill once said. When it comes to forecast accuracy, is your battle strategy still based on forecast accuracy challenges and KPIs ...

Planning is one of the core functions of supply chain management, and yet by its very nature the concept of an “accurate forecast” is an oxymoron. All forecasts end up being wrong; the key is being ...

Over the past years, demand planning has become a relatively routine task for many planners. While still not perfect, many firms established S&OP processes, took advantage of sophisticated ERP systems ...

In a recent post on the importance of inventory management, we noted how new technologies are changing how demand forecasting is done. Long-standing demand-planning methods are gradually giving way to ...

For the most part, they aren't born, but are bred within organizations that take a multidisciplinary view of supply chain operations, and train their employees accordingly. Let's see if we can't pick ...

Demand planners are kind of like weather forecasters -- they rarely get credit for doing their job correctly, and they're only noticed when they get it wrong. Nevertheless, it's vitally important that ...