Enterra Insights

APRIL 6, 2021

The late philosopher Eric Hoffer and the late business guru Peter Drucker shared a common belief about the difficulty of predicting the future. Hoffer wrote, “The only way to predict the future is to have power to shape the future.” Drucker wrote, “The best way to predict the future is to create it.”

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

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

Enterra Insights

FEBRUARY 11, 2021

Recent studies have shown organizations are beginning to invest in robotic process automation (RPA) technologies for a wide variety of processes. Other robotic solutions incorporate machine learning and include cognitive computing and artificial intelligence.”[1] RPA in the supply chain.

Supply Chain Software 100

Supply Chain Software Analytics Software Predictive Analytics Software Gartner 100

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. With rapid fluctuations and uncertainty, predicting customer demand is like shooting in the dark.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Demand Solutions

JUNE 14, 2017

Order supplies closer to when you’ll actually need them, and you’ll keep inventory costs lower—but you’ll run the risk of having your production grind to a halt because of a simple shipping delay. You always aim to order supplies so they will arrive just in time to be used. Reduce Supply Chain Risk.

Predictive Analytics Software 176

Predictive Analytics Software Predictive Analytics Analytics Software Forecasting Software 176

Enterra Insights

NOVEMBER 26, 2019

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.

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Procurement Analytics 100

Turvo

NOVEMBER 23, 2021

Supply chains for small and medium-sized businesses (SMBs or SMEs) have followed a similar trajectory over the years. Consumers or business owners create a purchase order. Once the items ordered are ready, the supplier contacts a shipping company to move the products. Making supply chain technology accessible to SMBs.

Supply Chain Software 86

Supply Chain Software Predictive Analytics Software Analytics Software Optimization Software 86

Supply Chain Trend

AUGUST 13, 2020

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. Key Points.

Supply Chain Software 147

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 147

SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. They can understand their supply chain operations with more precision.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Supply Chain Shaman

SEPTEMBER 22, 2021

Recently, I hosted the Supply Chain Insights Global Summit. Net/net, the current architectures are hard-wired into back-office Information Technology deployments with layers of security and integration, and batch processing. At the end of the presentation, I asked Allyson her perspective on open source analytics.

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

Precoro

APRIL 18, 2023

In today’s globalized economy, extraordinary events on one continent can be felt worldwide, as companies tend to have complex supply chains involving suppliers from multiple countries. An undisturbed supply chain is vital for continuous production and, as a result, for customer satisfaction.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

GlobalTranz

SEPTEMBER 23, 2021

Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Enterra Insights

MAY 31, 2022

2] As a result, experts have, for years, encouraged businesses to transform into digital enterprises and employ digital supply chains. After all, supply chains or value chains are characterized by connectivity. Digitally optimizing only internal processes ignores important pieces of the value chain.

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Demand Solutions

JUNE 14, 2017

Order supplies closer to when you’ll actually need them, and you’ll keep inventory costs lower—but you’ll run the risk of having your production grind to a halt because of a simple shipping delay. You always aim to order supplies so they will arrive just in time to be used. Reduce Supply Chain Risk.

Predictive Analytics Software 100

Predictive Analytics Software Predictive Analytics Analytics Software Forecasting Software 100

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

Enterra Insights

JUNE 1, 2021

Vaibhavi Tamizhkumaran, a Digital Marketing Executive at Indium Software, writes, “The retail industry is constantly changing and will continue to evolve, from concentrating efforts on website growth and online retail to needing faster shipping speeds. Cognitive computing technology taps into social media to make this a reality.”

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

ThroughPut

MARCH 28, 2024

Whether it is optimizing supply chains to reduce waste or adopting smart agriculture practices to improve yield, AI impacts efficiency, personalization and sustainability. Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

EC Sourcing Group

OCTOBER 26, 2021

Before the Internet was a vital tool in business, the supply chain was a much different place than today. Read on to learn about the importance of quality in supply chain management, how IT helps to achieve that quality, and more details about the supply chain. Cost reduction.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

Talking Logistics

DECEMBER 16, 2015

Well, my big audacious prediction for 2015 did not come true. Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. But some of my other predictions did hit the mark or came close. Making supply chain and logistics predictions is like throwing darts at a moving target.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

Material Handling & Logistics

JANUARY 10, 2018

A look at the supply chain trends and technology that will come into play in 2018. While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. making human intervention necessary.

Predictive Analytics Software 96

Predictive Analytics Software Supply Chain Design Software Predictive Analytics Supply Chain Software 96

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. The reason, she explains, is digital technology. Fortunately, data is generally available.

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

RFgen

APRIL 12, 2024

Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. With the aid of automation technology, businesses are able to streamline inventory management and cost control.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

ShipBob

FEBRUARY 6, 2023

To make this happen, businesses need to take advantage of technology solutions that allow them to seamlessly share data, communicate, and execute different warehousing tasks. Fortunately, the latest advancements in warehouse technology have made the job easier for ecommerce businesses. What is warehouse technology?

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimization Software Predictive Analytics Software 52

Supply Chain Matters

MARCH 5, 2022

The Supply Chain Matters blog features our March 5, 2022 edition of This Week in Supply Chain Management Tech , a synopsis of noteworthy supply chain management focused technology news which we believe would be of specific interest to our global-based blog readership.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Prescriptive Analytics Software 52

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. The good news is that these can oftentimes be mitigated with proactive solutions such as the right tools, partners, and strategies.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Logility

APRIL 9, 2020

Supply chain disruptions, like the one we are currently experiencing due to the COVID-19 Pandemic will continue to happen. Although I am sure I missed a few, the point is our global, complex, fast-paced supply chains can be disrupted in hundreds of ways and I for one don’t see that changing anytime soon.

Supply Chain Planning Software 190

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

GlobalTranz

JANUARY 26, 2017

How technology in logistics grew throughout 2016 is not limited to the technology that delivers products or enables better, faster picking processes. Many of these advancements were expected to bring substantial investment into supply chains, and they did just that. How Machines “Talk” Expanded.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Omnichannel Supply Chain Software Procurement Solutions 120

Unleashed

MAY 25, 2023

Many factors go into effective inventory planning, including: Supplier lead times Inventory storage costs Inventory turnover rate Seasonality and sales trends Understocking risks (potential lost sales and reputational damage) Shipping costs What is the purpose of inventory planning?

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Matters

DECEMBER 13, 2022

Our Supply Chain Matters This Week in Supply Chain Technology column reflects a number of significant recent announcements that depict an ongoing active cycle of tech developments. Updates included in this edition include: Coupa Software Entering Definitive Agreement to be Acquired. billion in October 2020.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Negotiate Pricing 52

ToolsGroup

FEBRUARY 7, 2022

From a digitally-transformed shopping experience to global supply chain disruptions and a pandemic that refuses to quit, there’s one thing retailers can count on: People are always going to shop. Love it or hate it, daily necessities need to be purchased. eCommerce Purchases and “The New Normal” Retail Categories.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Enterra Insights

NOVEMBER 4, 2020

Even before the coronavirus pandemic closed physical stores and forced consumers online, they were journeying on the digital path to purchase in increasing numbers. ”[1] As a result of increased digital-path-to-purchase activity, online marketplaces have flourished. . Predicting Trends. … In the U.S., ”[2].

Procurement Analytics 100

Procurement Analytics Purchasing Skills Procurement Solutions Analytics Software 100

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” less likely to be affected by supply chain disruptions.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Supply Chain Shaman

MARCH 12, 2019

The confusion starts when a supply chain leader states the need for improved visibility without a clear definition. Well-seasoned supply chain leaders understand that visibility is a capability not an IT taxonomy. The IT taxonomy for visibility is supply chain analytics. Supply chains are complex.

Prescriptive Analytics Software 176

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 176

Gravity Supply Chain

MAY 20, 2022

Spire and Gravity Supply Chain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. A few years later we are still collectively trying to pick up the pieces and put the global supply chain back together again.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

ShipBob

JUNE 29, 2022

You need tools and technology solutions working together in order to receive payments, process orders, and send them to the fulfillment queue. In this post, we’ll take a closer look at what ecommerce enablement is, how to get started, and what software and tools you can use. Purchase a domain.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Analytics Software Supply Chain Design Software 52