Organizations use forecasting methods of production and operations management to implement production strategies. Forecasting involves using several different methods of estimating to determine ...

Forecasting is an imperfect science, but it is also a necessity for most businesses. That's particularly true when it comes to supply chain management. Proper forecasting helps ensure you have enough ...

Forecasting inventory for seasonal demand takes philosopher George Santayana’s dictum “Those who cannot remember the past are condemned to repeat it” and turns it around to “Those who know a product’s ...

Published online in May in Production and Operations Management, the study determined the optimal container leasing and load acceptance policy under dynamic demand and supply forecasting. It also ...

Picture a single forecasting mistake triggering a cascade of negative consequences, such as surplus inventory, strained supplier relationships and disappointed customers. In today's world, accurate ...

Supermarket chain Hy-Vee has optimized its distribution and transportation network with the help of three solutions from Manhattan Associates: the solution providers’ Warehouse Management System (WMS) ...

I am the Chief Operations Officer and Head of Corporate Development for ThroughPut Inc., a Supply Chain Management AI software company. Last year was a year rife with disruption. Nowhere was this more ...

Accurately forecasting logistics requirements is crucial to the mission analysis phase of the military decisionmaking process, yet it is often overlooked by brigade combat team (BCT) logistics ...

Financial forecasting is the act of estimating future financial outcomes for a business or an investment. It is a critical process in financial planning and decision-making. It employs statistical ...