ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Talking Logistics

DECEMBER 11, 2014

made that prediction in 2008 (see the Barron’s article What $300-a-Barrel Oil Will Mean for You ). Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). million bbl/d in 2015.” .

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

SCMDOJO

APRIL 24, 2024

According to a recent survey, 91% of manufacturers plan to “spice up” AI technology with supply chain data analytics by the end of 2024. A recent study by MarketsandMarkets predicts that the blockchain supply chain market will grow from $253 million in 2020 to $3.27 billion by 2026.

Optimal Sourcing 54

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 54

Talking Logistics

SEPTEMBER 13, 2016

Or how about if you need capacity for a shipment – broadcast it across the social media outlets and you are likely to find space for your products to ship. Use predictive and prescriptive analytics to support your visibility goals. Use predictive and prescriptive analytics to support your visibility goals.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

SCMDOJO

MARCH 27, 2024

It is also a means to maintain a competitive edge and operational excellence. That could include AI-driven analytics, real-time tracking, and integration with loT devices. It caters to those wanting to eliminate manual work and control their purchases. Pros: Robust analytics and ERP integration.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 69

Supply Chain Shaman

MARCH 12, 2019

The IT taxonomy for visibility is supply chain analytics. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. The team was seeking analytics to monitor process compliance. Advancement in analytics improves outcomes.

Prescriptive Analytics Software 173

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 173

Logility

APRIL 9, 2020

ERP systems do a great job managing transactional data but do not have the capabilities to provide an early warning to a disruption or analyze the situation through advanced analytics like simulations and what-if scenarios. Change purchasing and manufacturing plans days or weeks sooner. Divert inventory on the fly.

Supply Chain Planning Software 190

Supply Chain Planning Software Supply Chain Design Software Supply Chain Disruption Agile and Lean Supply Chain 190

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform.

Supply Chain Visibility 76

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 76

Enterra Insights

FEBRUARY 13, 2019

Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data sets and contributing to diverse strategies succeeding.”[1] Or as Boyle noted, machine learning can be used to predict consumer behavior. ”[2]. Pattern recognition.

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

Locus

JANUARY 8, 2024

What’s more, nearly a fifth are at the forefront, harnessing advanced tools like control towers and analytics to maintain their competitive stance. Echoing this movement, McKinsey spotlights how adopting advanced analytics in distribution retools the daily workflows of frontline staff, boosting retention by 15%.

Logistics Visibility 52

Logistics Visibility Real-time Visibility Cost Reduction Strategies Logistics Network Optimization Software 52

Cognira

NOVEMBER 28, 2023

This blog explores the trends that define this year’s holiday season and the factors that draw the consumer path to purchase. Consumers leverage AI-powered benchmarking tools to track the price of their favorite items and make the purchase once it hits its lowest point.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. RPA is an excellent tool for automating laborious processes currently executed manually.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

Ware2Go

APRIL 8, 2023

Pick pack and ship services are an essential part of the ecommerce supply chain. What Is Pick Pack and Ship? Pick pack and ship fulfillment is the process of picking products off of warehouse shelves and packing them into boxes to be shipped.

Warehousing 52

Warehousing Optimal Sourcing Shipping Inventory Reduction 52

ThroughPut

MARCH 28, 2024

Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions. Food Retail In the food retail sector, AI has been helping reduce wastage as the tools can more accurately predict the demand for products. All for the good.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

With a relatively young, highly educated workforce and with excellent engineers and scientists, a culture of innovation, modern cities, infrastructure, raw materials, and strong research institutions there is an opportunity to relook reshoring strategies to thrive. Data-driven decision making to maximize value for manufacturing.

Manufacturing Procurement 105

Manufacturing Procurement Manufacturing Supply Chain Planning Software Sourcing Strategies 105

Enterra Insights

FEBRUARY 7, 2024

Few, if any, analysts are predicting fair winds and following seas for supply chains this year. Industry journalist Camille Rustici provides an excellent overview of many of those risks.[2] ”[5] He adds, “Most major shipping firms are avoiding the Red Sea entirely and re-routing around the Cape of Good Hope.

Risk Management 130

Risk Management Trends Supply Chain Planning Software Supply Chain Design Software 130

Supply Chain Shaman

JUNE 2, 2020

Instead, all of the disruptions to date had a predictable pattern: a devastating blow, a set of shock waves, and the re-establishment of a new normal. The supply chain response will need to be a local-focused program using analytics to sense shifts market-by-market based on consumption data. The answer is advanced analytics.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 254

Talking Logistics

MARCH 3, 2017

Boston startup raises $10M for retail software that predicts inventory needs (Boston Business Journal). And as I wrote two years ago, the larger challenge facing the ports, especially in the United States, is the need to increase port productivity as larger ships replace smaller vessels. QuestaWeb Launches TradeGear Product Line.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software Eliminating Excel in Purchasing 0

Alloy

OCTOBER 3, 2023

An Introduction to Walmart Luminate Listen to the full episode of the Shelf Life Podcast on Walmart Luminate Walmart Luminate is the retailer’s new data, analytics and reporting tool for suppliers — and it represents a massive step forward in retailer-supplier collaboration. What you will learn in this article What is Walmart Luminate?

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 52

GlobalTranz

SEPTEMBER 8, 2015

We will focus primarily on LTL shipping, but some of these areas can be applied to other modes of over the road shipping. As more organizations supply chain grow more complex, the need for additional shipping options will grow. Shipping freight inherently comes with a large amount data. Data Capture.

Expense Reduction 120

Expense Reduction Cost Reduction Strategies Shipping Supply Chain Planning Software 120

GlobalTranz

APRIL 16, 2018

There is no doubt, that the retail landscape is increasingly looking like an online one as traditional brick-and-mortar retailers, such as Toys R Us, Foot Locker, and Best Buy mobile shutter hundreds of stores unable to keep up with the changing customer that wants fast, free delivery all with just a click of a button. trillion, a 3.8

Prescriptive Analytics Software 161

Prescriptive Analytics Software Supply Chain Planning Software Retail Analytics Software 161

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. Experts predict the market value will increase from its current US$49,371.76 The question is: Where to from here?

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Resilinc

JANUARY 23, 2024

For example, when the conflict started to move outside of Gaza and into the Middle East, Yemen attacked ships in the Red Sea. This is now impacting the Suez Canal and causing ships to reroute. Due to a lack of skilled labor and an overall younger workforce, labor shortages are predicted in the coming years.

Supply Chain Risk Management 101

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Design Software 101

BlueYonder

MAY 18, 2023

Typical supply chains are vast networks affected by a multitude of factors ranging from things like weather, labor shortages, congested shipping ports, geopolitical situations, etc. Two things I heard at ICON really stuck with me: The first was, “Nobody wants to buy new software, what they want is a solution to a problem.”

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Supply Chain Network Software 59

Unleashed

NOVEMBER 29, 2021

Inventory management for eCommerce is the process of monitoring and organising inventory for online retail, from sourcing through to shipping. This can help to spot red flags and money pits on the go, as well as predict future demand by comparing historical sales data to predicted future trends, such as upcoming seasonal events.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 98

Enterra Insights

JULY 17, 2018

.” Some pundits find it ironic that even as companies are searching desperately for people to fill supply chain positions other pundits are predicting the demise of humans in the supply chain. Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”.

Supply Chain Software 100

Supply Chain Software Supply Chain Design Software Analytics Software Predictive Analytics Software 100

ShipBob

DECEMBER 13, 2023

Using ShipBob: ShipBob’s analytics tools provide real-time data on sales and inventory levels, allowing for accurate calculation of the turnover ratio. Lead time Lead time is the time taken from placing an order with a supplier to receiving the inventory or the time taken from when a customer purchases something to when it gets delivered.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

NC State SCRC

FEBRUARY 20, 2023

Over the decades, EDI standards emerged that cover a variety of supply chain artifacts and activities , from Purchase Orders & Acknowledgements (EDI 850 & 855) to Invoices (EDI 810) to Shipping Manifests (EDI 856). Data scientists know that to build accurate machine learning models (e.g.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

ThroughPut

MAY 13, 2022

But what if you could predict demand early enough to plan for, manage, and make the most of it, always? Therefore, demand forecasting is the process by which demand planners predict the demand for a given product in a week’s, month’s, or even a year’s time. Because the truth is that you can. Not just that, there are many ways to do it.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

ThroughPut

MAY 13, 2022

But what if you could predict demand early enough to plan for, manage, and make the most of it, always? Therefore, demand forecasting is the process by which demand planners predict the demand for a given product in a week’s, month’s, or even a year’s time. Because the truth is that you can. Not just that, there are many ways to do it.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

GlobalTranz

MAY 1, 2018

E-commerce is driving the demand for last-mile delivery, causing parcel shipping costs to increase at twice the rate of inflation. This effect is magnified as the expectation for low or free shipping and expanded delivery services is further established by Amazon. DOWNLOAD WHITEPAPER. NEW WHITEPAPER.

Prescriptive Analytics Software 153

Prescriptive Analytics Software Predictive Analytics Analytics Software Procurement Analytics 153

Supply Chain Shaman

MARCH 21, 2022

With the surge, supply chains—accustomed to using the patterns of customer order and shipment data to predict future demand—were caught on the back foot. A journey from China to Europe that takes 40 days by ship takes 15 days by rail. Over 93% of companies use Excel Spreadsheets to develop their plans. I scratch my head.).

Modeling 276

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 276

6 River Systems

FEBRUARY 3, 2020

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics Advanced and predictive analytics are deployed in real- or near-real time.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 59

Vanguard Software

APRIL 2, 2021

Positive momentum indicates pent-up demand since the October and November 2020 Purchasing Managers Index (PMI) was higher than any time since 2018. Ongoing threats of trade wars, punitive tariffs, competition for raw materials, and increasing shipping costs add further appeal to regional options. lower than those from November 2019.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Planning Software Modeling Agile and Lean Supply Chain 40

Zipline Logistics

JULY 27, 2021

A strong holiday season is rolled into this prediction and is a source of substantial revenue for retailers and CPG shippers alike. For best logistics outcomes, shippers should look to arrange transportation as soon as possible for upcoming purchase orders. percent and 13.5 percent to more than $4.44 Efficiency improvements.

Vendor Strategies 52

Vendor Strategies Optimal Sourcing Sourcing Strategies Cost Reduction Strategies 52

ThroughPut

JUNE 4, 2020

With accurate Inventory Optimization, manufacturers can streamline stocking issues using predictive analytics and data-driven insights. . Most retailers and suppliers today lack automated and digitized distribution processes which make it difficult to sufficiently add analytical, predictive, and Artificial Intelligence capabilities.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

With accurate Inventory Optimization, manufacturers can streamline stocking issues using predictive analytics and data-driven insights. . Most retailers and suppliers today lack automated and digitized distribution processes which make it difficult to sufficiently add analytical, predictive, and Artificial Intelligence capabilities.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52