Remove 2015 Remove Inventory Remove Logistics Remove Predictive Analytics
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The Power of Predictive Analytics in the Supply Chain

Enterra Insights

One of the most recent tools being adopted by businesses is predictive analytics. As the introduction to an edited volume on the subject explains, “Predictive analytics is the art and science of proposed predictive systems and models. Predictive analytics plays an essential role in the digital era.

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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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Big Data, Analytics, and Industry 4.0

Enterra Insights

” Data and Advanced Analytics in Industry 4.0 Industry 4.0 Venkat Viswanathan ( @venkatlv ), Founder and Chairman of LatentView Analytics, explains, “There has been a lot of talk about the enormous potential and market opportunity for smart factories. Deliveries can be made on-time and logistical costs can be cut.

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Supply Chain and Logistics Predictions for 2016

Talking Logistics

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.

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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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Data and Supply Chain: Seven Myths That Hinder Your Success with AI and Analytics

ThroughPut

Perhaps there is no bigger pushback that AI and data analytics companies get from industrial companies than “we don’t have data”. All the accounting systems, worker time logs, payroll slips, inventory ledgers, bank ledgers – anything with transaction data (a recorded) event is data. Did You Know?

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Podcast: Predictive Analytics and Digital Transformation Pioneer Knut Alicke

Requis

He is based in Germany, and, as a founding partner of the supply chain practice at McKinsey & Company , consults on a variety of supply chain-related business problems, including S&OP and advanced analytics. 25 years ago I finished my studies in mechanical engineering and my master’s thesis was on plant layout and logistics planning.