To develop strategies for the management of your business, you have to evaluate your present position and forecast how it will change during your planning period. Such forecasts guide you in ...

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 ...

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 ...

People excel at spotting patterns and making adjustments based on feedback, while computers excel at processing huge amounts of data quickly. Put those capabilities together and you have machine ...

Sales forecasting—estimating the future sales of products or services based on historical data, market trends and other relevant factors—is important for any organization. According to Aberdeen, 97% ...

ATLANTA--(BUSINESS WIRE)--BFG Supply Co., a leading distributor to the green industry, has selected RELEX Solutions, provider of unified supply chain and retail planning solutions, to elevate their ...

Load demand forecasting is essential for the management of autonomous power systems. Forecasts are required for the optimal scheduling of power units for the next 2-48 hours depending on the power ...

Global demand for fossil fuels is expected to peak by the end of this decade as we transition to cleaner sources of energy. One source we already heavily rely on is hydropower, but, as weather becomes ...

Shares of Schneider National Inc. popped more than 10% Feb. 2 after the company’s leaders said they expect 2023’s results to strengthen as the year progresses and plan to grow their capital spending ...

Traditionally viewed by manufacturers as a way to become lean and reduce costs, inventory management could be a new competitive weapon in the battle for customers. At least that's what a recent study ...