Newly launched startup Lantern uses machine learning to help distributors forecast demand and optimize purchasing decisions — ...
Demand forecasting methods have been used in retail for a long time. Most of them are based on historical data, which is no longer useful in the new COVID-19 reality. If you used an ML-powered demand ...
Yet most demand forecasting systems today often produce disappointing results and significant forecast errors. The standard models found in these systems cannot easily identify trends in the data.
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 ...
Plex DemandCaster Supply Chain Planning with Machine Learning Increases Predictability and Responsiveness Manufacturers need more sophisticated supply chain planning technology in response to ...
Recent advances in forecasting demand within emergency departments (EDs) have been bolstered by the integration of machine learning and time series analytical techniques. The objective of these ...
MILWAUKEE--(BUSINESS WIRE)--Plex Systems, a Rockwell Automation company and a leader in cloud-delivered smart manufacturing solutions, today announced new machine learning capabilities for Plex ...