The Logistics & Supply Chain Management Society
FEBRUARY 15, 2021
According to PricewaterhouseCoopers, AI’s potential contribution to the global economy by 2030 is USD15.7 Thanks to AI, companies can automate functions such as demand forecasting, capacity and production planning and predictive maintenance. Advanced and predictive analytics. That’s an increase from 17% in 2017.
Enterra Insights
FEBRUARY 24, 2022
According to the Venture Beat staff, “Sixty-nine percent of global enterprises have already adopted or plan to adopt quantum computing in the near term, according to a new survey of enterprise leaders commissioned by Zapata Computing. That milestone might not be so far off, though. ” Footnotes. [1]
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The Logistics & Supply Chain Management Society
JANUARY 3, 2023
Companies that predict demand, will be able to respond efficiently. Investing in data analytics along with innovations in big data will have a significant impact on the business. 2022 Realities vs 2023 Predictions. The Green Corridor: Predictions Are In The Green! Data is paramount for the logistics industry.
Enterra Insights
JULY 29, 2021
An ABI Research press release notes, “Manufacturers of consumer-packaged goods are utilizing analytics to anticipate customer demand and optimize their processes.”[2] ”[2] The company’s research predicts the CPG sector will spend increased amounts of revenue on digital transformation efforts over the next decade.
Supply Chain Shaman
MAY 19, 2016
According to folklore, if it is cloudy when a Groundhog emerges fro m the burrow, then the forecast of an early spring is predicted. If it is sunny, and the groundhog sees his shadow, then the groundhog retreats back into the hole and the prediction is for winter weather to persist for six more weeks. Supply Chain 2030.
Supply Chain Trend
MARCH 7, 2016
According to Wikipedia , prescriptive analysis is – after descriptive and predictive analysis -the third and final stage of business analytics. Gartner plots prescriptive analysis as the final and most difficult stage of data analytics. Elon Musk recently told analyst that Tesla is two years away from self-driving cars.
Enterra Insights
OCTOBER 7, 2021
Many pundits note, as a result of lockdowns and store closures, e-commerce sales rushed years ahead of predicted totals. Of those surveyed, … 34% have greater expectations of fast online retail delivery than they did a year ago — in fact, 70% will choose a retailer based solely on delivery speed.”[7] Footnotes. [1]
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