While demand planning accuracy currently hovers around 60%, DLA officials aim to push that baseline figure to 85% with the help of AI and ML tools. Improved forecasting will ensure the services have ...

Researchers have developed a new forecasting model that helps companies more accurately estimate how many customers are interested in a product -- even when key data is missing. The study introduces a ...

Supply chain forecasting is becoming an increasingly critical component of operational success. Accurate forecasting enables companies to optimize inventory levels, reduce waste, enhance customer ...

Water demand forecasting is an indispensable element in the sustainable management of water resources, as growing populations and climatic uncertainties intensify the pressure on water supplies.

From new tariffs and trade uncertainty to geopolitical tension and extreme weather events, external forces have upended traditional demand forecasting approaches. Among those most impacted are the CPG ...

Launching a new product in today’s market isn’t just risky; it’s like setting sail into uncharted waters during a storm, with no compass and relying solely on your instincts to guide you. Throughout ...

When supply chain practitioners think about forecasting, they focus on demand forecasting. Demand forecasting is essential, but the number of different forecasts that an effective organization should ...

HARRISBURG, Pa. — The forecasts are eye-popping: utilities saying they’ll need two or three times more electricity within a few years to power massive new data centers that are feeding a fast-growing ...

The requirements for retail success don’t get much more basic than the ability to accurately forecast customer demand. Even a mom-and-pop bodega has to have a pretty good sense of how many people will ...