Planning and Forecasting

In this short article we look at the technology available to support forecasting. We believe that the secrets to success lie in conducting a critical review of what is important to business and then using appropriate technology to generate the base forecast and measure performance.

Spotlight

Westfalia Technologies, Inc.

Westfalia Technologies — one of the world’s leading warehouse automation companies — excels at designing and delivering customized systems to enable companies to organize inventory, optimize space and increase efficiency in every aspect of their warehousing operations. We can work with you to implement a warehouse automation solution in one or more areas of your operation, design and implement a complete warehouse automation system, or work with you in phases to achieve a fully automated system over time. Westfalia's in-house mechanical, electrical and software engineers scrutinize each project's data to design, build and install the best automated logistics systems to fit each client's needs. Every day we reduce inventory, labor and shipping costs, as well as improve throughput and accuracy for a wide range of businesses.

OTHER WHITEPAPERS
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The Future of Digital Supply Chain Twins

whitePaper | November 1, 2022

Many businesses are experiencing an increase in supply chain disruptions reverberating down to the customer. A rapidly growing population adding to the swell of demand, the threat of a looming recession, and complex logistics systems create an incredibly delicate balance. We are facing a pivotal time for the future of supply chains.

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Technology Expense Management Hyperautomation

whitePaper | January 12, 2023

The value of automation across internal, supply chain, and customer workstreams is also well accepted. Automation improves productivity, reduces cost, and increases margin. Artificial intelligence (AI), augmented reality (AR), robotic process automation (RPA), and machine learning (ML) are examples of technology used throughout business to transform workflows and business experiences.

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AUTONOMOUS SHIPS TERMS OF REFERENCE FOR RULE DEVELOPMENT

whitePaper | March 3, 2022

Already burdened with a reputation for lack of transparency, shipping’s sector-specific terminology often creates an additional barrier to engagement. As an industry, specialized language, acronyms, and abbreviations can be so pervasive that new employees entering the professions sometimes absorb terms into usage without being able to explain their meaning, let alone their derivation.

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Shipping’s Role in the Global Energy Transition

whitePaper | November 5, 2022

It is imperative that nations keep global heating below 1.5˚C – in line with the Paris Climate Agreement. Even at 1˚C of warming, climate impacts on humanity and nature are already extensive and growing. The risk of passing multiple climate tipping points increases rapidly between 1.5˚ and 2˚C. To meet the Paris goals, major and unprecedented levels of carbon dioxide emissions reductions are needed this decade, on a pathway to zero emissions around 2050. The timescales are extremely urgent. Delay is not an option.

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Supply Chain Threats – Test, Provision, andValidation

whitePaper | April 15, 2022

Supply Chain security is an area of significant focus and scrutiny today. A number of recent significant attacks against both hardware and software supply chains have further exposed the criticality of understanding the threats posed against manufacturers and providing sufficient mitigations. Understanding and mitigating supply chain threats starts with simply identifying the threats. The purpose of this document is to further expand on prior work and dive into the testing, provisioning, and validation phases. These phases represent potentially the most significant threat against products as they are often conducted, at least in part, by external organizations. Without an understanding of all the known threats currently present, it would be impossible to make any assertions regarding the overall security of products and their associated supply chain

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Thrust through trust Logistics for the aerospace supply chain transformation

whitePaper | December 19, 2022

The COVID-19 outbreak in 2020 was the most significant disruption ever encountered by the aerospace industry. Nations locked down, flights were cancelled and aircraft were parked and stored. The exceptional scope and speed of the pandemic affected each industry segment: airline, MRO, OEM, vendor and lessor. Even before this unprecedented turbulence,the sector showed signs of distress. Today, the need for change has become a crucialprerequisite for supporting sustainable growth.

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Spotlight

Westfalia Technologies, Inc.

Westfalia Technologies — one of the world’s leading warehouse automation companies — excels at designing and delivering customized systems to enable companies to organize inventory, optimize space and increase efficiency in every aspect of their warehousing operations. We can work with you to implement a warehouse automation solution in one or more areas of your operation, design and implement a complete warehouse automation system, or work with you in phases to achieve a fully automated system over time. Westfalia's in-house mechanical, electrical and software engineers scrutinize each project's data to design, build and install the best automated logistics systems to fit each client's needs. Every day we reduce inventory, labor and shipping costs, as well as improve throughput and accuracy for a wide range of businesses.

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