Forecasting is an imperfect science, but it is also a necessity for most businesses. That's particularly true when it comes to supply chain management. Proper forecasting helps ensure you have enough ...

Forecasting inventory for seasonal demand takes philosopher George Santayana’s dictum “Those who cannot remember the past are condemned to repeat it” and turns it around to “Those who know a product’s ...

Published online in May in Production and Operations Management, the study determined the optimal container leasing and load acceptance policy under dynamic demand and supply forecasting. It also ...

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 ...

Revenue management is the means by which a business maximizes the earnings it brings in from the sale of its goods and services. Demand forecasting is an integral element to this overarching strategy.

Factory Logic (TM), Austin, Texas announced that the Automotive Group of Johnson Controls, Inc. will install the Factory Logic Lean Operations Management System software across thirty U.S.-based ...