Yesterday’s sales can’t see tomorrow’s storm, But AI can 😎 Most manufacturers still build demand forecasts based on one thing: 𝐡𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐬𝐚𝐥𝐞𝐬. Which is fine… until the market shifts. Or weather changes. Or a social post goes viral. (Which is basically always.) That’s why AI is changing the forecasting game. Not by making predictions perfect—just a lot less wrong. And a little less wrong can mean a lot more profitable. According to the Institute of Business Forecasting, the average tech company saves $𝟗𝟕𝟎𝐊 per year by reducing under-forecasting by just 1%, and another $𝟏.𝟓𝐌 by trimming over-forecasting. For consumer product companies, those same 1% improvements are worth $𝟑.𝟓𝐌 (under-forecasting) and $𝟏.𝟒𝟑𝐌 (over-forecasting). (Source: https://lnkd.in/e_NJNevk) And were are only talking 1 improvement%!!! Let that sink in... All that money just from getting a little better at predicting what customers will actually buy. And yes, AI can help you get there: • By ingesting external signals (weather, social, events, IoT, etc.) • By recognizing nonlinear patterns that Excel never will • And by constantly learning—unlike your spreadsheet But it’s not just about tech. It’s about process: • Use Forecast Value-Added (FVA) to track which steps help (or hurt) • Get sales, marketing, and ops aligned in S&OP—not working in silos • Focus on data quality—AI is only as smart as your ERP is clean • Plan continuously—forecasting is not a set-it-and-forget-it task Bottom line: If you’re still relying on history to predict the future, you’re underestimating the cost of being wrong. Your competitors aren’t. ******************************************* • Visit www.jeffwinterinsights.com for access to all my content and to stay current on Industry 4.0 and other cool tech trends • Ring the 🔔 for notifications!
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Because with a bad forecast everything else will fail... This infographic contains 7 steps to create and improve a forecast: ✅ Step 1 - Start with Historical Data Collection & Cleaning 👉 gather and clean past sales data (ideally 3 years) 👉 remove outliers, fill in gaps, and ensure data accuracy before analysis ✅ Step 2 - Segment Your Demand 👉 break down your demand into segments to create more granular forecasts 👉 examples: volume, value, product categories, customer types, regions ✅ Step 3 - Generate a Baseline Statistical Forecast 👉 as starting point, generate a baseline forecast using statistical methods like time series analysis ✅ Step 4 - Apply Seasonality and Trend Adjustments 👉 use historical seasonal patterns and emerging trends to fine-tune your forecast for upcoming periods ✅ Step 5 - Collaborate & Fine-tune in S&OP Meetings 👉 collaborate with sales, marketing, finance, and operations to align on one consensus forecast ✅ Step 6 - Adjust for Market Intelligence 👉 incorporate insights from sales teams, marketing campaigns, external research, and product launches to adjust your baseline forecast ✅ Step 7 - Incorporate Forecasts into S&OE (Sales & Operations Execution) 👉 drive actionability in the short term based on this aligned forecast, helping the team respond quickly to deviations 💥 Bonus Step: Build a Continuous Feedback Loop 👉 track forecast accuracy by comparing actual sales to forecasted figures, and regularly update your model based on this feedback Any other steps to consider? #supplychain #salesandoperationsplanning #integratedbusinessplanning #procurement
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RECYCLING GAME-CHANGER? CHINA SWITCHES ON FIRST FULLY AUTOMATED TEXTILE WASTE SORTING LINE: China has switched on its first fully automated textile-waste sorting line with Databeyond Technology. Using machine vision and hyperspectral imaging, it sorts post-consumer garments by fibre and blend, achieving over 90% purity for polyester, cotton and nylon and flagging elastane blends. The operator says a 15-tonne eight-hour shift that once needed more than 30 workers now runs with four, slashing labour and operating costs. The line is in operation at Zhangjiagang Shanhesheng Environmental Technology Co. Soon after commissioning, Shanhesheng says it received a 200-tonne order for high-purity post-consumer textiles from a global apparel company. A second phase will extend automated sorting to shredded garments and factory offcuts to feed both chemical and biological recyclers. Automated, blend-aware sorting tackles the sector’s key bottleneck between rising collections and the specification-grade inputs recyclers need. It also aligns with China’s push on textile circularity, which aims to expand recycling capacity, recycle roughly a quarter of textile waste, and produce millions of tonnes of recycled fibre. Apparel Insider Insider story in comments.
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Inflation isn't just about rising prices; it's a catalyst for changing consumer behaviors. As purchasing power shifts, businesses must adapt swiftly to meet evolving demands. Hindustan Unilever Limited (HUL), a leader in the FMCG sector, showcases how embracing AI can turn these challenges into opportunities. 📌 The Challenge #HUL observed significant fluctuations in demand across its diverse product portfolio during inflationary periods. Premium products experienced slower sales, leading to overstock situations, while budget-friendly items frequently faced stockouts. Traditional forecasting methods, relying heavily on historical sales data, struggled to keep pace with these rapid changes in consumer preferences. 📊 The Solution: AI-Driven Demand Forecasting To address this, HUL integrated AI-powered analytics into its demand forecasting processes. This advanced system enabled the company to: Analyze Real-Time Consumer Behavior: By examining current purchasing patterns and consumer sentiment, HUL could detect emerging trends and shifts in preferences. Incorporate External Economic Indicators: The AI model factored in various economic indicators, such as inflation rates and consumer confidence indices, to predict their impact on product demand. Optimize Inventory Management: With precise demand forecasts, HUL adjusted its inventory levels accordingly, ensuring optimal stock across all product categories. 🔹 Key Insight: The AI-driven approach revealed that demand for budget-friendly products was increasing at a rate three times higher than traditional models had predicted, while premium product sales were declining in specific regions. 📈 The Impact 20% Reduction in Unsold Premium Stock: By aligning inventory with actual demand, HUL minimized excess stock of premium items. 35% Improvement in Stock Availability for Budget-Friendly Products: Ensuring that high-demand, cost-effective products were readily available led to increased customer satisfaction. Enhanced Revenue and Profit Margins: Optimized inventory management reduced holding costs and prevented lost sales, positively impacting the bottom line. 💡 The Lesson In times of economic uncertainty, relying solely on historical data can be a pitfall. HUL's proactive adoption of AI-driven demand forecasting exemplifies how leveraging advanced analytics allows businesses to stay agile and responsive to market dynamics, ensuring they meet consumer needs effectively How is your organization utilizing data analytics to navigate market fluctuations? #datadrivendecisionmaking #businessstrategies #dataanalytics #demandforecasting
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Ever wonder why some e-commerce brands always seem to have the right products in stock, while others struggle with overstock or empty shelves? It all comes down to demand forecasting—and in 2025, it’s getting an AI-powered upgrade. ● From guesswork to precision Traditional forecasting relies on historical sales data. AI-driven tools now go beyond that, integrating real-time factors like weather, local events, and even social media trends. The result? Forecasts with 90%+ accuracy instead of the usual 50%. ● GenAI: the next step Generative AI takes it further by analyzing unstructured data (customer reviews, trends, emerging demand signals) and answering questions in plain language. No more complex spreadsheets—just instant insights for better inventory planning. ● AI tools leading the way: ✔ Simporter – AI-powered forecasting that integrates multiple data sources to predict sales trends. ✔ Forts – uses AI for demand and supply planning, ensuring optimized inventory. ✔ ThirdEye Data – AI-driven forecasting that factors in seasonality and customer behavior. ✔ Swap – AI-based logistics platform that enhances inventory management. ✔ Nosto – AI-driven personalization that recommends the right products at the right time. ● Why this matters for #ecommerce? ✔️ Avoid stockouts that frustrate customers ✔️ Reduce excess inventory and free up cash ✔️ Adapt quickly to market shifts How are you managing demand forecasting in your store? #shopify
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Is your vessel data scattered across multiple platforms, leading to inconsistent reporting and inefficiencies? Managing emissions, vessel performance, fuel optimisation, emissions and compliance should not be this complex. Imagine if one single vessel reporting system with good data quality could streamline everything—no data silos, no redundant reporting, just real time insights. ➡️One System, Infinite Insights - With a unified reporting platform, you get: ✅ A Single Source of Truth – All performance and compliance data fields in one place. ✅ Automated Optimisation – AI driven analytics adjust speed, routes, and fuel consumption. ✅ Seamless Integration – Standardised data flows into all your downstream requirements such as Claims, Route Optimisation and tc. effortlessly. ✅ Reduced Operational Workload – Ship’s crew spends less time on manual reporting. ✅ Regulatory Compliance – Automatically generate reports for CII, EU ETS, and ESG reporting. This is the future of maritime efficiency, which requires change🤔 #shipsandshipping #energyefficiency #maritimeindustry #performancemanagement
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Your machines and people are draining your margins. The hidden cost eating away your manufacturing profits You have the raw material. You have the machines. You even have the demand. But your production is still delayed. Because your workforce isn’t aligned to your operations. - Skilled technicians are scheduled when no high-skill tasks are running. - Maintenance teams are overworked during peak load. - Project deadlines are missed due to poor shift planning. - Plant downtime increases because human resources are reactive, not predictive. It’s a planning issue. One mid sized FMCG manufacturing unit in Gujarat was losing ₹1.2 Cr/month due to idle labor hours, rework, and unplanned overtime. They ran a 3 month pilot with predictive staffing models: 1) Workforce demand synced with production load 2) Skill mapped scheduling for critical batches 3) 24x7 visibility into shift gaps and role clashes 4) Plant uptime increased by 18% In manufacturing, efficiency comes from planning smarter. If you're running plants without syncing workforce planning to production cycles, you're building inefficiency into your business model. Sooner or later, your margins will show it. #Manufacturing #WorkforceEfficiency #PredictivePlanning
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The Autonomous Waste Supply Chain 🤖 Plot twist: The robots aren't coming for your job... they're coming for your trash. Self-driving trash bins are rolling out, but here's where this is really heading: the fully autonomous waste supply chain. 🌙 The vision is strangely compelling: → Your smart bin uses AI and computer vision with a robotic arm to auto-sort waste as you dispose of it → It tracks fill rates across all compartments and notifies pickup agents for overnight collection → The bin rolls outside and queues itself optimally → Specialized autonomous trucks collect each waste type and drive to appropriate facilities (recycling centers, composting, waste-to-energy) → Your bin self-cleans and returns inside, ready for tomorrow All while you sleep. 🛥️ Amsterdam is pioneering this with "Roboats" - autonomous electric vessels navigating 165 canals as floating dumpsters, solving waste collection where traditional trucks can't reach. ⚡ The tech stack: → Real-time detection and route optimization → Autonomous navigation and obstacle avoidance → Multi-modal coordination across bins, trucks, boats, depots → Self-maintenance and 24/7 operation 🚀 Here's what excites me: No more pickup days, overflowing bins, missed collections, or strikes. And the environmental game-changer: NYC's Sanitation Commissioner notes that "80% of reusable material still ends up in landfills." Imagine AI-powered sorting automatically capturing that 80% without human effort. 🤔 But here's the bigger picture: Autonomous waste could be the harbinger for countless other use cases. If we can coordinate this in real-time... autonomous snow removal? Self-managing urban gardens? Dynamic infrastructure that reconfigures daily? What's your take? Revolutionary convenience or the blueprint for all urban services? #AI #SupplyChain #Truckl #Innovation #FutureOfWork
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Safeguarding Global Trade: The Critical Importance of Container Lashing and Maintenance In the world of international trade, containers are the backbone of transporting goods across the seas. These metal boxes facilitate the smooth movement of countless products, from electronics to apparel, connecting businesses and consumers worldwide. However, amidst the vast expanse of the open ocean, a crucial element often goes unnoticed but plays a paramount role in ensuring the safe voyage of these containers - container lashing and maintenance of fixed and loose lashing materials! Container lashing involves securing the cargo inside the containers to prevent shifting and damage during rough sea conditions, as well as securing the boxes on board the ship. This process relies on fixed and loose lashing materials, such as twist locks, bottom locks, ISO sockets, rods, turnbuckles, chains and straps. Each twist lock, chain, and strap plays a crucial part in safeguarding not just the cargo but also the lives of those working on board. Here's why paying attention to container lashing and the maintenance of lashing materials is of utmost importance: 1. **Safety First:** The safety of the crew, as well as the cargo, should always be the top priority. Properly lashed containers ensure stability, minimizing the risk of accidents and injuries caused by shifting loads. 2. **Preserving Goods:** A securely lashed container protects goods from damage due to constant movement during transit. Whether it's perishable goods or delicate electronics, proper lashing can significantly reduce the risk of loss. 3. **Preventing Environmental Hazards:** Containers falling into the sea due to improper lashing not only result in economic losses but can also cause environmental disasters. Lashing failures may lead to pollution, affecting marine life and coastal ecosystems. 4. **Compliance and Regulations:** Governments and international organizations have established strict regulations regarding container lashing standards. Adhering to these guidelines ensures compliance and helps avoid legal repercussions. 5. **Minimizing Supply Chain Disruptions:** Accidents or damage caused by inadequate lashing can lead to delays in the supply chain, impacting businesses, and their reputation. 6. **Cost-Effectiveness:** Investing in proper lashing and regular maintenance may seem like an additional expense, but it pales in comparison to the potential losses caused by accidents or damaged cargo. In conclusion, container lashing and the diligent maintenance of fixed and loose lashing materials are indispensable aspects of the shipping industry. By recognizing their significance and implementing best practices, we can ensure safer seas, protect valuable cargo, and preserve the environment. Let's emphasize the importance of container lashing to strengthen our global trade network and keep the wheels of commerce turning smoothly. #ShippingSafety #ContainerLashing #GlobalTrade #lashers
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One of the most fascinating projects I have worked on eventually became US Patent… a system for multi-modal journey optimization. At first glance, it sounds straightforward: get a traveler from point A to point B as quickly as possible. But in reality, this is not a “shortest path” problem. It is a problem of navigating combinatorial explosion under uncertainty while still producing results that humans will actually use. The lesson was simple, but profound: a single “optimal” route is often the wrong answer. In practice, commuters do not blindly follow whatever the algorithm declares “fastest.” They balance hidden costs (number of transfers, reliability, waiting time) against raw travel time. A route that is one minute slower but has one fewer transfer will often be preferred. We approached this by abandoning the idea of returning just one solution. Instead, we designed an iterative search that keeps a fixed-length priority queue of candidate paths, pruning aggressively to keep the search tractable, but always preserving multiple high-quality alternatives. The output is a set of Pareto-efficient options: fast, but also different enough that a user can choose the one that fits their risk tolerance, comfort level, or schedule flexibility. This project shifted how I think about optimization. The real challenge isn’t mathematical purity, it is making decisions robust to the messiness of the real world. If the solution space is reduced to a single “optimal” point, you risk oversimplifying reality and delivering something no one wants to use. When we expose the trade-offs explicitly, we help people make better decisions.
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