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Documents related to » forecasting variables


ToolsGroup Embeds Machine Learning Technology in Demand Forecasting
ToolsGroup, a provider of demand analytics and supply chain planning (SCP) software, claims to be the first vendor in its class to embed machine learning into a

forecasting variables  Machine learning takes demand forecasting to new heights because older technologies could not solve the difficult problem of measuring the impact of external stimuli on baseline demand. ToolsGroup’s demand modeling creates a reliable baseline, then uses machine learning to adjust the baseline by identifying the effect of stimuli and demand indicators at a detailed channel level. It analyzes all the relevant variables and the complex interactions among them in an automated fashion.   As ToolsGroup Read More...
Planning and Allocation versus Replenishment: When Is Each the Best Strategy?
Assortment optimization, pricing decisions, and promotional activity fall flat if a product is not available for purchase. Out-of-stocks, overstocks, and

forecasting variables  each period from the forecasting and replenishment between introduction and exit are extended as well. Transitioning from One Solution to the Other Not every item always shows clear signs as being best addressed by only one solution. Often, items will show characteristics that are best addressed by replenishment during one portion of its lifecycle and at other times be best addressed by P&A. Newly introduced items are often best supported by P&A. The attention to detail and focus on additional pricing Read More...
ToolsGroup-Going Back to Its SCP Roots
What has ToolsGroup, the expert in demand-driven SCP, been doing to address demand and supply variability? Read P.J. Jakovljevic’s article and see how

forecasting variables  in the area of forecasting trade promotions. Advertising and promotions are the main activities affecting the baseline demand and demand variability of most consumer packaged goods (CPG) companies. CPG companies spend up to 12 to 15 percent of their gross revenue on trade promotions and related trade funds for retailers. In a problem such as modeling trade promotions, determining their actual impact or “lift” is daunting. A large number of variables with complex interactions are buried in huge Read More...
ToolsGroup-Statistics-based Supply Chain Planning
ToolsGroup continues to carve out a space for itself in supply chain. Not satisfied with being the last remaining independent multi-echelon inventory

forecasting variables  inside ToolsGroup’s  Trade Promotion Forecasting  solution, other than to say that it uses artificial intelligence to analyze promotional events, identify specific qualitative and quantitative variables that have the most impact on demand, and generate a set of rules that model the impact of promotional events on normal sales. ToolsGroup’s Solutions Demand Forecasting Demand Collaboration Hub (DCH) Demand Sensing Trade Promotion Forecasting Trade Promotion Optimization System (TPOS) Inventory Read More...
The Demand-Driven Supply Chain and Demantra
Demand-driven supply chains focus on pulling demand and maximizing effectiveness and profitability while traditional supply chains push products and create

forecasting variables  leverage accurate customer level forecasting to drive production and inventory management. Gulistan needed to model product and distribution channels and to forecast and analyze data at all levels of aggregation. They chose Demantra''s Demand Planner. It provides Gulistan with forecasts at the customer level, factoring in key variables such as seasonality, trends, cannibalization and life-cycle management. Complex decisions regarding new product phase-in and product obsolescence are now made based on Read More...
Service Level Goal Strategy: Path to Profit
How can retailers maximize their return when investing in cutting-edge replenishment solutions? After all, if forecasting and purchasing decisions are driven by

forecasting variables  solutions? After all, if forecasting and purchasing decisions are driven by advanced math and logic, then surely there is little room for users to influence success? Actually, establishing a service-level goal strategy can blaze the path to profit for retailers looking to separate themselves from the competition. Read More...
How to Improve the Accuracy of Your Forecasts
Increased competition, lower margins, and more customer demands mean that distributors have to provide better product availability and more services with fewer

forecasting variables  your Forecasts : Demand Forecasting (Wikipedia) How to Improve the Accuracy of your Forecasts Forecasts is also known as : Demand Forecasting , Demand Forecasting & Inventory , Multi-dimensional Forecasting , Demand Works , Improve Demand Planning , Forecast Plan Cuts Costs , Forecasting Software , Predict Customer Demand , Calculating Demand Forecast , Realized Demand Quantity , Demand Forecasting Activity , Demand Forecasting Methods , Demand Forecasting Models , Toolkit Demand Forecasting , Methods to Read More...
Case Study: Campbell Soup Company
After expanding its product lines and accelerating product roll-outs, the Campbell Soup Company needed to align demand forecasting and supply chain planning

forecasting variables  needed to align demand forecasting and supply chain planning with its new, more dynamic business model. Learn how the company’s new solution helped it improve inventory forecasting, adapt to day-to-day changes in demand, enhance long-range production planning and risk management, and spend more time on strategic activities. Read More...
Order Forecast Collaboration: Benefits for the Entire Demand Chain
When raw materials providers, manufacturers, and retailers work together to calculate future order needs, they can all act on the best information available

forecasting variables  on Collaboration Industry , Forecasting Software , Order Forecasting , Successful Order Forecast Collaboration , Without Order Forecast Collaboration , Demand Forecast Collaboration , Investing in Forecast Collaboration , Product Forecast Collaboration , Order Forecast Collaboration Benefits , Improve Forecast Quality , Purchase Order Forecast Collaboration , Efficient Forecast Collaboration , Forecast Collaboration Process , Supply Chain Forecast Collaboration , Incentives to Drive Forecast Read More...
Driver-Based Planning for Budgets and Forecasting
Line managers and finance staffs are frustrated by the inadequacies of spread-sheet based planning systems for delivering useful budgets and rolling forecasts

forecasting variables  Planning for Budgets and Forecasting Line managers and finance staffs are frustrated by the inadequacies of spread-sheet based planning systems for delivering useful budgets and rolling forecasts. A major problem is the disconnect between the operational elements of a business and financial plans. What''s missing is driver-based planning, a best practice methodology where financial plans incorporate assumptions about business activities which are modeled to drive financial data such as revenue Read More...
Best-of-breed Approach to Finance and Accounting
CODA''s savvy accounting and financial offerings include budgeting, forecasting, scorecards, and tools that use Microsoft Excel spreadsheets collaboratively and

forecasting variables  the standard budgeting and forecasting facilities provided by CODA s-Planning, users have the option to make their entire cycle more coordinated, efficient, and controlled by opting for the collaborative add-on of the CODA c-Planning product. This interfaces with the CODA-Control process management solution, adding a facility to publish budgets as CODA-Control web sites and tasks. This will keep all participants informed and aware of the input needed and when it is required. There are also audit Read More...
Demand Management Software Evaluation Report
If your business primarily needs forecasting, marketing, merchandising, simulating, and planning support, you will find vendors in the demand management

forecasting variables   Read More...
How to Select a Sales and Operations Planning (S&OP) System
Mature sales and operations planning (S&OP) is more than a sales forecasting or tactical planning tool. S&OP is a decision-making mechanism for aligning

forecasting variables  more than a sales forecasting or tactical planning tool. S&OP is a decision-making mechanism for aligning strategic plans with sales, operational, and financial plans. Download this TEC executive brief for pointers on selecting an S&OP system, information about how mature S&OP processes can help tackle critical business issues, and key S&OP system capabilities to look for. Read More...

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