Remove 2022 Remove Big Data Remove Eliminating Excel in Purchasing Remove Inventory
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National Barcode Day 2022

Enterra Insights

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.”

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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? The issues are largely rooted in politics and the lack of clarity on supply chain excellence. Bullwhip Effect at LKQ Europe Summer 2022 Testing So, why do we not measure it?

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Do You Need a Graph?

Supply Chain Shaman

Current Familiarity with Analytic Concepts (Fall 2022 Snapshot) Preamble Supply chain leaders love their rows and columns. Like Linus clinging to his blanket, supply chain teams make most of their decisions on Excel spreadsheets. A unified NoSQL data model reduces the latency to drive data across nodes and trading partners.

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Lifting The Gray Curtain

Supply Chain Shaman

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. September 2021-March 2022.

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Key Trends impacting Supply Chain Management this 2022

Vinculum

Supply chains are now thought of while buying goods and services. Supply chain management trends in 2022: Automation and advanced analytics will grow. Implementing prescriptive and predictive analytics with advancements in robotics, big data, and algorithms will leave long-term effects.

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Machine Learning and Digital Transformation

Enterra Insights

billion industry that is already making big changes to the way we understand and use immense databases for a wide range of purposes. He explains, “Machine learning excels at rapidly organizing, analyzing, and making intelligent decisions and recommendations based on large quantities of data. ” IT Pro, 19 July 2022.

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Cogniture Procurement Technologies will Change Your World

NC State SCRC

AI has a bright future, but organizations can begin to prepare for this by focusing on data quality and standardization, to establish a solid foundation for the application of these emerging AI technologies. The need to drive efficiencies through digital transformation is also on-going.