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Predictive Analytics: Supply Chain’s Cloudy Crystal Ball

Enterra Insights

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball.

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TMS Study 2015

The Logistics of Logistics

The smart folks at TMS software research firm Software Advice have published an insightful new transportation management software study titled Transportation Management Software – Small Business BuyerView. What is a Transportation Management Software? How Was the TMS Study Conducted?

Study 100
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This Week in Logistics News (April 1 – 7)

Logistics Viewpoints

According to the annual survey released by the National Retail Federation’s (NRF) and Prosper Insights & Analytics, consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 Spending is growing across several categories, and the top Easter items consumers say they are planning to purchase include candy ($3.3

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Championing Supply Chain Digitalization

Enterra Insights

The winning companies are those that correctly identify the problem to solve — the performance metric to improve. The data model will put a spotlight on the missing data. They report, “We know from extensive research that decisions matter — a lot. He explains, “Too often companies think that more data is better.

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Google Will Acquire a 3PL – And Other Supply Chain and Logistics Predictions for 2015

Talking Logistics

That will be in 2015, after the peak of oil [supply].”. made that prediction in 2008 (see the Barron’s article What $300-a-Barrel Oil Will Mean for You ). 2015 is less than three weeks away, and a barrel of Brent crude oil is $65.70 million bbl/d in 2015.” . Charles Maxwell, a well-known analyst at Weeden & Co.,

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Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). requires a different set of metrics.

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The Top 15 Retail Trends for 2022

ToolsGroup

Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.