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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Profitable Manufacturing Unveiled: Crafting a Winning S&OP Strategy
The manufacturing sector is undergoing a significant transformation, driven by fluctuating market demands, technological advancements, and the need for more resilient supply chains. In this context, traditional demand planning methods are proving to be insufficient for achieving operational efficiency and profitability. A sophisticated collaborative Sales and Operations Planning (S&OP) strategy has emerged as a critical component for manufacturers aiming to synchronize their production processes with market demand, while also ensuring financial sustainability. This webinar delves into the essential elements of a successful S&OP strategy, focusing on three key areas: The Limitations of Traditional Demand Planning: This section addresses the critical shortcomings of conventional demand planning methods in today’s volatile market environment. It highlights the necessity for a more integrated, collaborative and flexible approach to planning that can adapt to rapid changes in demand and supply conditions. Innovative S&OP Strategies for Aligning Production with Demand: We explore the latest S&OP strategies that facilitate a seamless match between production capabilities and market demand. This part of the webinar will provide practical insights into how manufacturers can leverage these strategies to minimize waste, optimize resource utilization, and enhance customer satisfaction. Elevating Manufacturing Profitability through Financial Insight: The role of finance in manufacturing profitability…
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The Connected IoT Supply Chain
The Internet of Things (IoT) has rapidly become part of everyday life. Connected devices are changing the way we live and work. Organizations in almost every industry sector are looking to IoT to transform the way their operations, deliver new products and services, and serve their customers. During this webinar, Bob Slevin with OpenText will join Scott Luton and Greg White and discuss how new developments in IoT can assist in leveraging tactical IoT-sourced data to realize a strategic advantage and deliver adaptive and resilient supply chain operations.