forecasting
6 results
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Enhancing Supply Chain Efficiency with SAP IBP and CloudPaths—Part 1
Supply chain management is increasingly vital for organizations in a dynamic market. While many face challenges like fragmented data and skill gaps that hinder effective use of data analytics, solutions like SAP Integrated Business Planning (IBP) are helping businesses improve their supply chain processes through a systematic and phased approach to data quality and integration.
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Actionable insights into cash flow dynamics with Phocas’ 3-way forecasting
For SAP users, maintaining financial health supports growth investments, secures strong credit ratings through timely debt repayments, and offers flexibility to adapt to market shifts, economic downturns, or unforeseen challenges. In the distribution sector, cash flow management is crucial due to the dynamic nature of inventory, accounts receivable, and payable cycles. This requires optimal inventory…
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Unifying Data Sources for Accurate Near-Term Demand Forecasting with Google Cloud
In the domain of demand planning within SAP systems, there is a growing recognition of the need to incorporate external data sources alongside traditional internal ones. This approach is encouraged by Google Cloud’s “Better Together” partnership with SAP, which promotes integrating external datasets, such as real-time weather updates and marketing trends, with SAP’s internal data.…
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Leveraging Machine Learning for Demand Forecasting
Until recently, conventional time series forecasting methods have been predominantly used for forecasting in demand planning. A majority of demand forecasting tools in the market leverage these methods in their solutions. With advances in technology and computing power, the sophistication of these time series algorithms has increased thereby increasing forecast accuracy. However, with the advent…
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The Future of the Airline Industry in a COVID Environment
This article explores the impact that COVID-19 has had on the airline industry, how these companies are using SAP solutions to prepare for an uncertain future, and suggests how air travel may adapt as the industry adjusts to a new normal. Two experts from SAP weigh in on what they're hearing from the airline industry,…
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Using Predictive Models to Prepare for the Future
The COVID-19 crisis has caused uncertainty in almost every aspect of business operations, but it has made one thing more clear: The need for businesses to adopt advanced analytics to survive in a digital environment. Known for its ability to work with various architecture frameworks, help businesses make data-driven decisions, and report in real-time, SAP…
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