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Demand Planning with AI and Machine Learning: Smarter Forecasts for a Fast-Changing World
Demand planning has always been one of the most critical and challenging parts of supply chain management. Businesses need to predict what customers will buy, how much they will buy, and when they will buy it. Traditional demand planning relied heavily on historical data, spreadsheets, and manual adjustments. While this approach worked in stable markets,…
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AI in Supply Chain: From Reactive Operations to Intelligent Networks
Artificial Intelligence (AI) is rapidly transforming the way supply chains operate. Traditionally, supply chains have depended on historical data, manual planning, and fixed rules to make decisions. While this worked in stable environments, today’s world is far more unpredictable. Demand fluctuations, supplier disruptions, logistics delays, and rising customer expectations have made reactive supply chains inefficient…