Logility Blog
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Latest Blogs for the Freight, Logistics, Shipping and Supply Chain.
Logility Blog
1w ago
With over 1100 participants, the first annual LogiCon24 Virtual Supply Chain Summit hosted by Logility brought together industry experts, thought leaders, and enthusiasts to reimagine supply chain. The agenda featured a mix of keynotes, discussion forums, and breakout sessions spanning from what keeps executives up at night to leveraging new and existing technology solutions. LogiCon24 ..read more
Logility Blog
3w ago
With the theme “Reimagine Supply Chain,” the Summit will engage Logility clients and supply chain professionals looking to innovate and optimize their operations to reimagine the way supply chain gets done. Atlanta, GA – September 19, 2024 – Logility Inc., a leader in AI-first supply chain planning software, today announced the first-ever LogiCon24 Virtual Summit ..read more
Logility Blog
1M ago
The cloud has emerged as the cornerstone of modern business and supply chain innovation. From retail and food and beverage to manufacturing and life sciences, companies from a wide variety of industries are realizing the benefits of the technology, revolutionizing how they operate, collaborate, and generate value. Yet, many manufacturers still rely on outdated, self-managed ..read more
Logility Blog
2M ago
Enhancing the Power of Demand Forecasting with Ensemble Forecasting In the realm of demand forecasting, accuracy is essential. Accurate predictions not only ensure optimal inventory management but also drive better decision-making across various sectors such as retail, manufacturing, and supply chain management. Ensemble modeling emerges in the pursuit of precision as a potent technique that ..read more
Logility Blog
2M ago
Traditional demand planning has long been owned by only the supply chain organization – gathering data from all corners of the business through lengthy spreadsheets and often leaving out critical information. Now, with AI-powered collaboration, the entire business can own and influence the demand forecast in a more comprehensive way leading to reduced risk, increased ..read more
Logility Blog
2M ago
Traditional demand planning has long been owned by only the supply chain organization – gathering data from all corners of the business through lengthy spreadsheets and often leaving out critical information. Now, with AI-powered collaboration, the entire business can own and influence the demand forecast in a more comprehensive way leading to reduced risk, increased ..read more
Logility Blog
2M ago
Continuous network optimization recognizes that supply chains are complex organisms. They need to respond to many changing factors, including: And the list goes on… Supply chain leaders need a more efficient way of managing these smaller, faster changes. Continuous network optimization creates an environment where supply chain planning operates at the next level. Leaders who ..read more
Logility Blog
2M ago
Generative AI has taken the world by storm, and the supply chain industry is a perfect candidate to benefit, with opportunities for integration of generative AI from strategic planning to execution processes. Yet, the question remains: Is your supply chain mature enough to integrate Generative AI effectively? Visualize the following supply chain scenario: data on ..read more
Logility Blog
4M ago
Modern supply chains are far from linear. They now resemble complex labyrinths, where balancing overstocks and stockouts is merely the starting point. In this dynamic environment, businesses must meet rising customer service expectations while driving innovation and growth. Such complexity drives demand volatility. This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels.
Enter Inventory Optimization (IO) as a vital strategy to combat supply chain stress. Yet, recent research suggests a more advanced approach, Multi-Echelon Inventory Opt ..read more
Logility Blog
5M ago
Supply chain organizations are rapidly adapting to a competitive workforce, new technologies, and a growing supply chain ecosystem. To keep pace and ensure sustainable growth, investments in technology to improve the productivity of people are increasing. Many are turning to artificial intelligence (AI), specifically generative AI, and decision intelligence tools. According to the 2023 Gartner Future of Supply Chain Survey, 40% of top performing respondents are already utilizing artificial intelligence and machine learning (AI/ML) to optimize their supply chain decisions for demand forecastin ..read more