The furniture industry has its specific challenges. The most significant disrupting factors are the rise of transportation costs, trade disruptions, warehousing optimization, material and parts shortages, soaring lead times, etc.
The goal of this research is to explore the current state of the furniture industry in 2023, with the trends and technologies shaping the digital revolution, and how furniture businesses can be best prepared for the coming future.
Additionally, we’ve included our recommendations and case studies of how Demand Planners and Supply Managers can get more quick wins in supply chain management with the GMDH Streamline supply chain planning platform.
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“Streamline is a very sophisticated and complex solution. It has got a lot of algorithms under the hood. But it’s very easy to use.”
“We were like firefighters, not supply chain managers. We saw the results in the first month after Streamline implementation. A 90% of time spent on daily routine was reduced, and inventory had dropped by 36% with Streamline. The company has been able to eliminate two auxiliary buildings rented month-to-month. That has saved them about $56,000/month in excess storage costs.”
GMDH Streamline is a powerful and sophisticated digital solution for demand forecasting and revenue planning that uses AI and dynamic simulation to optimize inventory levels and increase profitability on the supply chain for manufacturers, distributors, and retailers worldwide.
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GMDH is a global innovative provider of supply chain planning and predictive analytics solutions. GMDH solutions are built on a 100% proprietary technology and handle every part of the demand and inventory planning process, providing complete transparency across the entire supply chain.
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