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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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A Complete Breakdown of the 26th State of Logistics Report

GlobalTranz

On June 23, 2015, the Council of Supply Chain Management Professionals ( CSCMP ) released the “State of Logistics Report,” which happens to be in its 26 th year. For members of the CSCMP , the cost of the report is free, but it stands out at $295.00 However, the capacity of US warehouses is not a finite concept.

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

GlobalTranz

Fortunately, selecting a 3PL for 2015 and beyond can be broken down into six specific questions. Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. What Data Analytics and Business Process Strategy Services Are Offered? What Predictive Analytics Are Available?

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Will the Downturn Signal an Upturn?

Supply Chain Shaman

” CNN Money Watch, August 12, 2015. As the markets plummet, it is time to remind ourselves that demand is not a forecast. Traditional forecasting approaches are not adequate in a time of market volatility. In the real world, companies operate with a Mean Absolute Forecast Error of 24-60%, and have a bias of 9-40%.

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This Week in Logistics News (June 8-12, 2015)

Talking Logistics

I was at the GT Nexus Bridges 2015 conference earlier this week. April 2015 Freight Transportation Services Index (TSI). There are many aspects to cloud computing that make it exciting, including the fact that it is providing companies with almost infinite computing power at a relatively low cost. Post your thoughts below.

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Is the Package Under your Tree?

Supply Chain Shaman

When your phone rings, and you and your supply chain team is called to the corporate office to talk about the expansion of your ecommerce strategy for 2015, here are my recommendations: 1) Embrace the Each. Cloud-based logistics and warehouse management are combining with B2B networks to enable multi-tier fulfillment. Redefine it.

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Top 12 New Logistics Startup Companies Making Noise

ShipBob

Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. Warehousing and storage. Freight forwarding. Handling raw materials. Series B Funding: $75.5M Series B Funding: $48.5M