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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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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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6 Questions To Ask 3rd Party Logistics Companies for 2015 and Beyond

GlobalTranz

With an ever-increasing pool of third-party logistics (3PL) providers to outsource shipping needs to, understanding how to select the best 3PL is the difference between reaching your existing customers and gaining a new market share. Fortunately, selecting a 3PL for 2015 and beyond can be broken down into six specific questions.

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[INFOGRAPHIC] Procurement Trends: Carving a Bigger Role in Supply Chain & Manufacturing

GlobalTranz

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

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LTL Rates, Capacity, and Fuel: The General Outlook for 2017

GlobalTranz

Since 2014, the shipping industry has suffered numerous setbacks. Rebounding freight volumes and the proximity of the electronic logging device (ELD) mandate are set to change the industry in 2017, reports Sean Kilcarr of FleetOwner. Too Much Inventory Will Make Restoring Shipping Profits Difficult.

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Top 15 Logistics Blog Posts of 2014

GlobalTranz

If the product is defective, the customer would return the product. The manufacturing firm would then have to organise shipping of the defective product, testing the product, dismantling, repairing, recycling or disposing the product. Any process or management after the sale of the product involves reverse logistics.

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Data is Essential for CPG Success

Enterra Insights

… With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. ”[1] Deloitte analysts add, “The global pandemic has upended what many consumer products companies understand about their businesses, customers, risks, and opportunities. .”[2].

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