WEBINAR: Beyond One Number Forecasts: Why a Probabilistic Approach is Better to Manage Uncertainty
Is there still a place for demand forecasting in today’s world of constant volatility? Anticipating uncertainty with demand forecasting is a critical driver of inventory health and delivering stand-out customer experiences.
Join us for a conversation on:
– Probabilistic forecasting: a primer
– Three ways probabilistic forecasts outperform single-point demand forecasts
– The value probabilistic forecasts provide to make better supply chain decisions, optimize inventory and maximize working capital and profitability
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Recent disruptions have confirmed that modern supply chains must be built on a more resilient foundation. Not just to help manage risk, but to be better positioned to deal with and even gain advantage from disruptions. Along these lines, the notion of agility is also gaining ground in order to quickly adjust supply chain tactics. The question is: can our supply chains be both at the same time? Join this in-depth discussion as we explore the importance of building robust and responsive supply chains to act as a competitive advantage in 2022 and beyond. In this session, you will learn about: – How organizations need to think beyond the current paradigms of supply chain planning and decisioning – Balancing the need for cost optimization with agility and resiliency – The role of continuous supply chain design as a means to be both agile and resilient – Technology implications to support a continuous design approach Featured Panelists: Lora Cecere, Founder, Supply Chain Insights Madhav Durbha, VP of Supply Chain Strategy, Coupa Scott W Luton, Founder, CEO & Host of Supply Chain Now
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