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The Art and Science of Demand Forecasting in Supply Chain Planning

Skill Dynamics

Navigating the Impact of Accurate Forecasts The ability to accurately predict consumer demand puts companies at a significant advantage. Using demand forecasting, businesses can keep inventory levels consistent, minimizing excess stock and reducing their production and storage costs. Browse our catalog for more.

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Inventory Forecasting — Everything You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

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Digital Twinning of Supply Chains!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains. The physical supply chain is not easily changeable.

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Logistics Complexity and the Strategic Moves Companies are Making to Reduce It

Let's Talk Supply Chain

Logistics Complexity and the Strategic Moves Companies Are Making to Reduce It The last mile is typically the costliest and most complicated leg of a supply chain, accounting for, on average, 53% of overall shipping costs. Dataworks uses AI to predict shipping times and accurate delivery dates.

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Unlocking a Strong Inventory Turnover Ratio: Definitions and Formulas | Ecommerce

Finale Inventory

Unlike brick-and-mortar stores, ecommerce businesses face intense competition and rapidly changing consumer demands. Therefore, maintaining an optimal inventory turnover ratio is critical to meet customer expectations, minimize costs, and maximize profitability.