article thumbnail

The Power of Predictive Analytics in the Supply Chain

Enterra Insights

One of the early tools used by soothsayers was the crystal ball. They spend enormous sums on planning and forecasting technologies. One of the most recent tools being adopted by businesses is predictive analytics. Predictive analytics plays an essential role in the digital era. ”[2].

article thumbnail

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. by Dr Shereen Nassar – Global Director of Logistics Studies and Supply Chain Management Programmes Heriot-Watt University Dubai. Digital Supply Chain to Drive Resilience.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain Predictive Analytics: Benefits, Use Cases and Growth Potentials

ThroughPut

Supply chains used to live in the past. Thanks to the more advanced forms of supply chain analytics like predictive analytics, supply chains are proactively looking into the future and prepping for “what is to come” rather than only ruminating over “what already happened.”

article thumbnail

Trends 2021: Machine Learning

Enterra Insights

Technology writer Priya Dialani ( @priyadialani248 ) asserts, “77% of devices that we presently use are utilizing ML.” Journalist Cindy Baker writes, “Experts predict artificial intelligence and machine learning will enter a golden age in 2021, solving some of the hardest business problems.”[3]

Trends 252
article thumbnail

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.? Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . That’s an astonishing $933.30

article thumbnail

Driving Sustainable Supply Chain Change

The Logistics & Supply Chain Management Society

Driving Sustainable Supply Chain Change. By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”. “By In Asia, Governmental and Finance.

article thumbnail

Is it too Early For 2022 Predictions?

Logistics Viewpoints

With Christmas goods in stores before Halloween this year, I thought there was no reason that we shouldn’t also get a jump on 2022 predictions. Global supply chains will be busy, congested and chaotic. Global supply chains will be busy, congested and chaotic. Here’s what to look for in 2022.