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Seeing the Future with Predictive Analytics

Enterra Insights

Today, in addition to those activities, new analytical tools are available to help business leaders predict what could happen in the future. ” Types of analytics. Predictive analytics — the type of analytics to which Petro refers — are one of four types of analytics now available to enterprises.

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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

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Championing Supply Chain Digitalization

Enterra Insights

We live in a digital age in which, according to Yossi Sheffi ( @YossiSheffi ), Director of the MIT Center for Transportation & Logistics, big data is an organization’s most valuable asset. The winning companies are those that correctly identify the problem to solve — the performance metric to improve. ”[8].

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This Week in Logistics News (December 4-8, 2017)

Talking Logistics

Descartes Integrates Transportation Messaging and Customs Filing with SAP®. As reported by the Wall Street Journal : United Parcel Service Inc. The company said on Wednesday “that soaring online purchases have caused delays in its distribution network,” according to Reuters. Just ask UPS and Walmart. Walmart is in the same boat.

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Omnichannel is another Word for Complexity

Enterra Insights

Consumers now take the digital path to purchase more often than not; but, they don’t care what retailers call their shopping journey or what strategies companies use to make the shopping journey a seamless one. ” Once a consumer completes his or her digital path to purchase (i.e., ’ They simply just shop.”[1]

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Shipping Containers and Supply Chain Snarls: Is There a Way Out?

Enterra Insights

Correspondent Bill Whitaker ( @BillWhitakerCBS ) reported, “Getting the goods from here to store shelves is proving to be a lot more daunting. These boxes were called ‘Transporters.’ Rather, it was to reorganize and link intermodal transport by land and sea in a way that no one else had realized before.

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Top 6 Supply Chain KPIs: Keep Your Dashboards Simple

Logistics Bureau

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”