ToolsGroup News & Resources
Digital Transformation in Supply Chain Planning: 2021
November 2, 2021
In this report, we look at how companies are accelerating their digitization efforts and investing in new technologies to keep up with evolving customer behaviors and improve business performance.
Machine Learning Steps Up Retail Performance
May 1, 2017
Machine learning is a disruptive approach to forecasting, and retailers running complex omni-channel businesses in highly competitive markets must give serious consideration to machine learning based forecasting.
Machine Learning, Little Black Dress or Accessory?
May 1, 2017
For retailers, the ability to capture and analyze retail data to make marketing suggestions is well recognized, however, as a transformative technology, it’s no little black dress that pulls everything together, it’s actually an accessory, and the same can be said for machine learning.
Mastering the Long Tail & Intermittent Demand
November 1, 2016
If you wish to achieve high customer service levels, you have to master the shape of the demand distribution and, in particular, its right-hand tail, you must avoid shortcut simplifications and approximations in the modeling that will prevent you from getting close to your goal.
Intermittent Demand is Not Unforecastable Demand
November 1, 2016
For most businesses, the “long tail” is growing, and you don’t have to be an internet retailer like Amazon to see it, companies are dealing with more slow moving items with intermittent demand and unpredictable demand patterns.
Suppliers Prepare for iPhone Supply Chain Cut
January 7, 2016
Apple possibly overestimated the amount of growth it expected in early 2016, so iPhone sales are below the company’s internal estimates, and that might be a sign of trouble, or it might be a sign of overly aggressive attitudes within Apple.
What’s Wrong with Demand Forecasting?
December 28, 2015
There are two equally important outputs of demand forecasting and you may be focusing nearly all your energy on only one, and maybe even the wrong one.
New Perspectives on the Value of Demand Sensing
June 2, 2015
Demand sensing tools are easing inventory burdens in many industries. Recent research points to which types of companies have been investing in those tools and when, and what kinds of results they have been seeing.
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