Transportation costs can represent as much as 15% of total revenue. To keep this expense in check, shippers need to pay close attention to their logistics processes. But that can cost a lot in human resource time — time that…
Forecasting using a combination of quantitative methods and your own experience as a demand planner is what will set you apart in your industry. Overview of Exponential Smoothing Like the naïve and moving averages methods, exponential smoothing uses historical demand…
The value of supply chain data is appreciated by the many companies that attempt to use it for improving how their logistics networks run — and this is a good thing. But unfortunately most are really just using their data…
There are strong headwinds for manufacturers to deal with right now. But that is nothing new. All businesses have all weathered tough times over the past few years. However, this is no reason for any company to lower the expectations…
