Tag: Data-Driven Decision Making
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Emerging Trends in Demand Planning for the CPG Industry
Consumer Packaged Goods (CPG) companies are facing rapid changes, and demand planning is evolving just as fast. Let’s break down the trends reshaping how we predict and meet consumer needs. Real-Time Data: Stay Ahead, Always IoT: Smarter Products, Smarter Planning AI and Machine Learning: Smarter Decisions Blockchain: Trust and Transparency AR and VR: See the… Read more
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Essential Metrics for Successful Demand Planning
In demand planning, you can’t manage what you don’t measure. Tracking the right metrics is essential for understanding your forecasting performance and making smart decisions across your supply chain. Let’s break down the most critical metrics, how to calculate them, and why they matter. Forecast Accuracy Mean Absolute Percentage Error (MAPE) Bias Tracking Signal Inventory… Read more