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ToolsGroup and Evo: Bringing Prescriptive Analytics and Quantum Learning to Industry-Leading Retail Planning

ToolsGroup

It can ingest massive amounts of internal and external data and process it within the unique algorithmic engine to deliver easy-to-apply recommendations on how to optimize inventory levels, streamline supply chains, and maximize revenues. Retailers have long used business analytics to inform decision-making. How Does EvoAI work?

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The Role of Digitisation and Analytics in Supply Chain Resilience

The Logistics & Supply Chain Management Society

The Role of Digitisation and Analytics in Supply Chain Resilience. According to Accenture Technology Vision 2021 research, Cloud, AI, and Digital Twins are among the top technologies supply chain executives are looking to deploy in their organizations. Analytics for Diversifying the Supply Base.

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The State of the Trucking Market in 2021

GlobalTranz

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? through 2021, but total retail sales will grow 7.9%. Delays and congestion worsen each year, inventory strains continually affect capacity, and customer needs remain ever-changing.

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7 Ways Businesses Can Manage Supply Chain Shortages in 2021

ToolsGroup

The 2021 supply chain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues. The following strategies, based on data, analytics, and collaboration, are helping planners around the globe overcome a disrupted supply chain. Use analytics to put your available inventory to the best use.

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Inventory and Inflation

Enterra Insights

The irony of excess inventory. Reporters from Bloomberg explain, “A nationwide inventory glut has led to unexpected bargains for U.S. Excess inventory was also caused by the Bullwhip Effect. ” Optimizing inventory. trillion because of mismanaged inventory.”[7]

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10 Must-Read Supply Chain Analytics Books for 2023

SCMDOJO

If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field.

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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. .”[4] They include: Inventory Optimization.