What is Demand Planning?
Translytics Blog
by admin
2d ago
Blog Home In this video, we discuss the definition of demand planning and the seven key steps involved in the demand planning process. We also discuss the importance of demand planning for businesses of all sizes. Demand planning is the process of predicting future demand for products or services. This forecast is then used to make decisions about inventory levels, production schedules, and marketing campaigns. Demand planning is important for businesses of all sizes because it helps them to ensure that they have the right amount of products or services available to meet customer demand ..read more
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Unlocking the Digital Supply Chain: Leveraging Supply Chain Analytics for Success in the Digitalization Era
Translytics Blog
by admin
8M ago
Blog Home May 3, 2023: The digital revolution has left no industry untouched, and the supply chain is no exception. In recent years, traditional physical processes have given way to efficient digital workflows, thanks to the power of digitalization. This transformation has been made possible by adopting cutting-edge technologies such as Enterprise Resource Planning (ERP) systems, harnessing the Internet of Things (IoT), and leveraging cloud infrastructure. These advancements have completely reshaped the supply chain landscape by enabling comprehensive data collection and analysis. In this ..read more
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Decision Intelligence in Supply Chain: Embracing the Demand-Driven Culture
Translytics Blog
by admin
8M ago
Blog Home Jan 21, 2023: In the fast-paced world of business, where customer expectations are constantly evolving, companies face an unrelenting challenge to deliver products and services that not only satisfy but surpass customer demands. To conquer this hurdle, a revolutionary approach has emerged—welcome to the era of the demand-driven supply chain. By blending cutting-edge data analytics and strategic forecasting, this dynamic management approach has empowered businesses to meet customer needs promptly, efficiently, and cost-effectively. Join us as we delve into the captivating realm o ..read more
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The Future of Demand Forecasting: How AI and ML are Transforming the Industry
Translytics Blog
by admin
8M ago
Blog Home Feb 27, 2023: In the dynamic world of business, demand forecasting holds the key to success. It allows companies to anticipate customer needs and plan their operations accordingly. In the past, demand forecasting relied on manual analysis and expert judgment. However, with the rise of artificial intelligence (AI) and machine learning (ML), the landscape of demand forecasting is undergoing a profound transformation. In this blog, we will explore how these cutting-edge technologies are reshaping the demand forecasting process, enabling businesses to make accurate predictions and s ..read more
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The Role of machine learning and artificial intelligence in supply chain analytics
Translytics Blog
by admin
8M ago
Blog Home Mar 10, 2023: Supply chain analytics has become an increasingly important area for businesses looking to optimize their operations and gain a competitive advantage. The advent of machine learning (ML) and artificial intelligence (AI) has revolutionized the field of supply chain management. Supply chain analytics has emerged as a critical area where ML and AI are being increasingly used to enhance operational efficiencies, reduce costs, and improve customer service levels. Here, we will explore the role of ML and AI in supply chain analytics and their potential impact on business ..read more
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From Data to Delivery: Embracing the Digital Revolution in Logistics
Translytics Blog
by admin
8M ago
Blog Home Aug 3, 2023:Welcome to an exciting era where supply chain management and logistics are being redefined by the power of digitization. In this fast-paced world, businesses are harnessing cutting-edge technologies to revolutionize every aspect of the supply chain, from sourcing and manufacturing to efficient delivery. Join us as we embark on a journey to uncover the incredible impact of digitization, where data-driven decision-making, enhanced visibility, and customer satisfaction take center stage. Enhanced Visibility and Transparency Imagine having a crystal-clear view of your en ..read more
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Future trends in supply chain analytics and their potential impact on the industry
Translytics Blog
by admin
8M ago
Blog Home Oct 6, 2023:Supply chain analytics is the application of advanced data analysis techniques to supply chain management, aimed at improving decision-making, operational efficiency, and overall performance. With the rapid growth of big data and technological advances, supply chain analytics is evolving rapidly, with new trends and innovations emerging all the time. In this blog, we will discuss some of the current and future trends in supply chain analytics and their potential impact on the industry.Current trends 1. Real-time tracking Unleashing the Potential of Natural Language P ..read more
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SKU Proliferation: Striking the Balance between Variety and Volume
Translytics Blog
by admin
8M ago
Blog Home Nov 2, 2023: In today’s fast-paced and highly competitive marketplace, businesses face a common challenge known as SKU proliferation. This term refers to the rapid increase in the number of SKUs (stock-keeping units) within a company’s product line. While offering a wide variety of products can be advantageous, it also presents various challenges that can impact a business’s bottom line. In this blog post, we will explore the benefits and challenges of SKU proliferation and discuss effective strategies to optimize it.The Benefits of SKU Proliferation: SKU proliferation offers se ..read more
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Decision Intelligence in Supply Chain: Embracing the Demand-Driven Culture
Translytics Blog
by admin
8M ago
Blog Home Jan 21, 2023: In the fast-paced world of business, where customer expectations are constantly evolving, companies face an unrelenting challenge to deliver products and services that not only satisfy but surpass customer demands. To conquer this hurdle, a revolutionary approach has emerged—welcome to the era of the demand-driven supply chain. By blending cutting-edge data analytics and strategic forecasting, this dynamic management approach has empowered businesses to meet customer needs promptly, efficiently, and cost-effectively. Join us as we delve into the captivating realm o ..read more
Visit website
The Future of Demand Forecasting: How AI and ML are Transforming the Industry
Translytics Blog
by admin
8M ago
Blog Home Feb 27, 2023: In the dynamic world of business, demand forecasting holds the key to success. It allows companies to anticipate customer needs and plan their operations accordingly. In the past, demand forecasting relied on manual analysis and expert judgment. However, with the rise of artificial intelligence (AI) and machine learning (ML), the landscape of demand forecasting is undergoing a profound transformation. In this blog, we will explore how these cutting-edge technologies are reshaping the demand forecasting process, enabling businesses to make accurate predictions and s ..read more
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