article thumbnail

Lifting The Gray Curtain

Supply Chain Shaman

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

article thumbnail

Welcome 2019

Supply Chain Shaman

It has been a while since I penned a blog post on New Year’s predictions, but today as I sit and drink my hot chocolate, I feel the itch to write. The teams in these seats did not experience the down market in 2007 or the start of the market run in 2009. The Battle For Analytics Is Waging. Descriptive analytics is mainstream.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The expanding scope of procurement analytics: Some initial thoughts

NC State SCRC

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

article thumbnail

Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive analytics will quicken demand response and involve product-use insights to improve accuracy against external factors affecting demand (e.g. This boosts revenues and optimises inventory.

article thumbnail

6 Strategies for Better Supply Chain Management in the Current Economy

Oracle SCM

The years from 2007 through 2009 were notable for their economic volatility, reflected not only in the global economic recession but also the instability of customer demand and rapid movement in raw material, fuel, and commodity prices. By Maha Muzumdar. Original version published in APICS Extra , July 2010. Agility is the name of the game.

article thumbnail

Fourth Quarter Comebacks: How Dispatchers Handle Last-Minute Deliveries

Locus

Analytical insights are invaluable, offering a spotlight on opportunities and vulnerabilities within their play. Similarly, communication, route optimization and analytical insights are three pillars for a successful last-minute delivery. So, how does all this connect to route optimization software?

article thumbnail

Friends with Fitbits: Fitness Tracking and Taking Supply Chain Planning to the Next Level

Talking Logistics

The system should provide the opportunity to look forward and offer predictive analytic guidance about what likely could take place, as well as prescriptive guidance on what actions would be best to take. Ron joined Quintiq in 2007 and leads a marketing team that focuses on global campaigns, partners, and analyst relations.