article thumbnail

Conquering the Explosion of Supply Chain Planning Data

Logility

The total amount of business data is estimated to double every 18 months and by 2025 the World will create 463 Exabyte’s of data daily. and up to date transaction data (order status, inventory positions, shipment tracking, etc.) Read this white paper to learn more.). Demystifying Data Units.

article thumbnail

AI for Demand Forecasting

Vanguard Software

By 2025, it is estimated that the amount of data will double every 12 hours. Download Webinar White Paper. The rise of cloud computing has resulted in a massive data explosion. Organizations have been becoming more data driven for decades, but research shows that about 70% of data collected and stored by companies goes unused.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Shaping Retail’s Future: Learning and Insights from NRF 2018

BlueYonder

By 2025, JDA projects that digital commerce will account for up to 70 percent of retail transactions,” Lee Gill said. But there are opportunities awaiting retailers despite the turbulence in today’s market: Inventory optimization and new technologies will open up new and more efficient ways of doing business.

article thumbnail

How the Internet of Things Can Help You Lower Inventory Levels

synchrono

McKinsey Global Institute predicts the Industrial Internet of Things (IIoT) will have an economic impact of up to $11 billion by 2025. The High Cost of Excess Inventory. One of the best (but not always the easiest) ways to lower costs is to lower inventory levels. But how much of my current inventory is “excess”?

article thumbnail

Shaping Retail’s Future: Learning and Insights from NRF 2018

BlueYonder

By 2025, JDA projects that digital commerce will account for up to 70 percent of retail transactions,” Lee Gill said. But there are opportunities awaiting retailers despite the turbulence in today’s market: Inventory optimization and new technologies will open up new and more efficient ways of doing business.

article thumbnail

5 Ways to Drive Labor Efficiency

6 River Systems

Since most people leave the labor force at age 65, when they can collect full social security benefits, the number of people retiring will continue to rise through 2025, when the numbers start to decline. Insight into inventory availability, warehouse throughput and even how an individual or team is performing is valuable information.

article thumbnail

Pharma companies will increasingly take cues from retail and consumer goods….why?

The Network Effect

By 2025 most companies providing medical devices and pharmaceuticals will have tailored their supply chain along product categories such as; high-value/specialty drugs and implants; innovative standard drugs and devices; generic drugs and frugal/low-tech devices; and OTCs and consumer medical devices.