Consumer goods companies rely on forecasts to support inventory planning and distribution across their sales channels. Building accurate demand forecasts requires more than just an understanding of the latest machine learning techniques; it also requires the right data and an understanding of the potential costs of incorrect estimates.Read Now >
As we join the year end recap bonanza, we can’t miss one of our highlights of 2018: a joint Professional Development Event with the APICS Golden Gate chapter. We welcomed members and guests to our San Francisco office in November to discuss “Implementing a Shared Supply Chain Control Tower."Read Now >
In October, Alloy was a featured guest on a webinar hosted by APICS Atlanta and Supply Chain Now Radio, “The Power of Connecting to End-Customer Demand.” Through the presentation and Q&A, we defined downstream demand, why it’s important, and how brands can efficiently use this data to their advantage. You can find the full recording of the webinar here, but here’s a quick summary of the key pointsRead Now >
When building demand forecasts for consumer goods, there’s a variety of algorithms you can use, from longstanding best practices to cutting-edge methodologies. While each have their pros and cons, at their core, every method is ultimately using historical data to try to predict future demand. The complexity, assumptions, and types of data inputs used in a given model type — and how they are weighted — will vary, but the basic ingredients are similar across the board.Read Now >
More accurate demand forecasts, powered by big data and machine learning, can generate millions in additional revenue for brands.
In our forecasting white paper, we shared the three principles of modern forecasting: use an integrated approach, keep the methodology transparent, and make results actionable. In this blog post, we’ll discuss why the second principle, keeping methodology transparent, is especially important as executives look to make decisions based on demand forecasts.Read Now >
Many of the brands we work with have a vision for how they want to use sales and supply chain insights to react with agility to changes in consumer demand, but they don’t always have the necessary tools to do so. This is the position that one of our clients, a consumer electronics hardware company, found themselves in when they first decided to bring on Alloy.Read Now >