Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Supply chain forecasting was never an easy process. Millions of dollars were lost each year ...
What do the stock market and weather forecasting have in common? Here’s a clue: stocks are valued based on trend projections, whereas changes in weather are tracked using prevailing atmospheric ...
Someday, we’ll regale our grandchildren with tales of the COVID-19 era — about how, at the height of the global lockdown, venturing from our homes was virtually unthinkable without masks, hand ...
The Covid-19 pandemic has proved that history no longer repeats itself when it comes to understanding consumer behavior. Demand forecasting systems have been ill-equipped to address disruptions to our ...
Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now Many businesses struggle with demand ...
Artificial intelligence in the retail market is expected to grow from an estimated $10.7 billion in annual revenue in 2023 to $127 billion over 10 years. according to Future Market Insights. The ...
Recent advances in forecasting demand within emergency departments (EDs) have been bolstered by the integration of machine learning and time series analytical techniques. The objective of these ...
Editor’s note: The following article is a joint project of professors in the University of Tennessee Knoxville’s Global Supply Chain Institute. For more on the Institute, click here. Demand planners ...
To say it’s difficult to stay ahead of consumer sentiment – and consumer shopping behaviors – in today’s dynamic market, would be an understatement. Just look at the change we’ve seen during the first ...
Fashion has an inventory management problem, and it’s only intensified in recent years. Solving these challenges has proven elusive, leaving the industry with billions in unsold stock annually and ...
Bed capacity management is of critical importance to health systems, impacting patient care and safety, operational efficiency, system sustainability and financial performance. Efforts to improve and ...