• Limit waste in manufacturing by optimizing your inventory

    Manufacturers have a mandate to limit waste whether it’s on the shop floor, in the supply chain, or just in general with resources throughout the organization. It’s a big struggle for manufacturers of all sizes and focus. The ones that figure out how to do this effectively stand to achieve a big payoff.

  • What’s new in January—Apps to improve industry-specific processes and productivity

    In January 2018, AppSource welcomed more than 70 apps, including apps to help analyze and visualize data, to improve decision making. Many of these help finetune processes for financial services organizations, retailers, manufacturers, and professional services organizations; others help improve customer experience, detect opportunities, and improve productivity and data quality.

  • Prevedere Demand Planning for Retailers and Consumer Goods Companies

    Forecasting demand has often proven difficult for business leaders in the retail and consumer goods industries—so much so that it is almost considered business as usual to not analyze, predict, and anticipate every single phenomenon that affects the business because it would be an exercise in futility. The digitization of these industries has only increased the complexities, as faster requirement needs, the multiplication of players, increasing sourcing channels, more transportation modes, and larger geographical areas involved create a complex web of variables to consider when forecasting demand.
    Additionally, unforeseen global factors can throw a wrench in even the best-laid plans. This calls for a solution that can cut through the uncertainty and give retailers and consumer goods companies more accurate insights into which external factors will affect their business. 

  • Prevedere’s Demand Forecasting for Manufacturers

    For manufacturers today, the economic environment has become increasingly challenging to maneuver. When you consider all the variables associated with demand forecasting and predicting how much inventory is needed to meet desired customer service levelsꟷwell, things just don’t get any easier. Whether it’s navigating the complexities of slow economic growth, fluctuating demand, globalization, or even the finicky nature of consumers fueled by the pervasiveness of social media, manufacturers must be able to ensure inventory is available in the right amount, the right place, and at the right time.