ToolsGroup Blog Advanced Supply Chain Planning with Probabilistic Forecasting

In the fast-paced world of modern supply chains, traditional forecasting methods fall short. Advanced supply chain planning is being transformed by probabilistic forecasting, which revolutionizes demand forecasting, supply planning, and inventory optimization. This approach significantly improves forecast accuracy and enhances decision-making across distribution networks. Enhancing Inventory with Probabilistic Forecasting A supply chain is a complex [...]