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No Time Like the Present

Supply Chain Shaman

On this tour, I heard Jeff Ma, a former member of the MIT blackjack team, speak on the use of analytics to make better decisions in “beating the house.” The outcomes are less predictable or clear. The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Closed Loop.

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2021 Manufacturing Trends Revealed by the Pandemic

QAD

QAD’s Senior Vice President, Consulting and Transformation Services Robin Riordan offered his initial predictions for 2021 manufacturing trends in a recent article for Industry Today. Predicting 2021 Manufacturing Trends. The role of analytics. Which trends can manufacturers expect in 2021? We envision six specific ones.

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How Cloud ERP can assist manufacturers with their procurement function

SYSPRO Smarter ERP

Manufacturers can adopt technologies to enable strategic sourcing to become more predictive, transactions in procurement to be more automated and supplier relationship management to become more proactive. With Cloud ERP analytics can be used to improve, classify, and analyze data by supplier and category.

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Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive analytics will quicken demand response and involve product-use insights to improve accuracy against external factors affecting demand (e.g. This boosts revenues and optimises inventory.

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When Variability Is Our Only Constant

Supply Chain Shaman

With the surge, supply chains—accustomed to using the patterns of customer order and shipment data to predict future demand—were caught on the back foot. Food instability in Africa could be an outcome because Russia and Ukraine supply 29% of worldwide wheat exports and 17% of corn with significant exports to the middle east and Africa.

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What If You Could Take The Guesswork Out Of Forecast Planning? Guest Post from Osgood Vogler

Kinaxis

The author, Osgood Vogler, Director, Analytics, Celestica Supply Chain Managed Services, describes an insight-based demand management process: So, how do you take the guesswork out of forecast planning? Given this volatility, it is not surprising that organizations are struggling to make effective demand predictions. Let’s find out.

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The 6 Trends Third Party Logistics Service Providers Will Drive to Empower Shipper Success in 2017

GlobalTranz

But, the risks from arising Asian markets, banking problems in the Eurozone and conflict among the Middle East and Africa will keep U.S. Furthermore, Big Data will transform how companies view operations through a combination of internal and external metrics, merging all processes from procurement logistics with last-mile delivery.