Can AI Improve Supply Chain Performance During a Major Disruption?

Discover the benefits of AI-driven demand sensing in the 2024 Forecasting and Inventory Benchmark Study

2024 Forecasting and Inventory Benchmark Study

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Gain valuable guidance to mitigate the effects of future disruptions 

Lingering effects of the Covid pandemic continue to affect supply chain performance and have made it harder for companies to make, move, and sell goods. You can use insights from this study to better navigate the tougher post-pandemic terrain, reduce the instances of forecast error, and drive better planning and inventory decisions and outcomes in day-to-day activities. Download the report today to learn how to build resilience into your supply chain to improve your day-to-day operations and be in a better position to navigate through the next major disruption.

Gain valuable guidance to mitigate the effects of future disruptions 

What is the 2024 Forecasting and Inventory Benchmark Study? 

While the pandemic was unprecedented in both its scope and impact, it also gave us a once-in-a-lifetime opportunity to understand how pressures at every stage of a major disruption affected supply chains. The 2024 study pulled five years’ worth of data from before, during, and after the pandemic to give us rare insights, and the learnings we gathered from this data will help leaders make better decisions and guide their companies through future disruptions.

The research allowed us to identify specific opportunities to increase resilience, particularly by leveraging AI-driven demand sensing to improve forecast accuracy, manage product assortment, and use multi-echelon inventory optimization to better manage stock levels in volatile times. These findings can be applied to long-term strategic solutions — such as making investments in planning and forecasting intelligence — but will also be helpful for companies that need to improve their daily operations to help them outperform their competitors.

How AI can help you realize a return on your investment in supply chain planning

The study answers several questions about how AI and real-time data delivered value during pandemic-scale events. Leverage deep planning intelligence for superior performance – whether it’s during a major disruption or just day-to-day operations – and realize a return on your investment in supply chain planning.

reduction in the effects of extreme error 

60%

reduction in the effects of extreme error 

value realization on planning investments 

3X

value realization on planning investments 

reduction in safety stock

40-50%

reduction in safety stock

Unlock the benefits of AI and real-time data to drive forecasting excellence

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