SCMDOJO

APRIL 4, 2023

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Logility

MARCH 13, 2020

Here’s your two-minute guide to understanding and selecting the right descriptive, predictive and prescriptive analytics for use across your supply chain. Looking at all the analytic options can be a daunting task. However, luckily these analytic options can be categorized at a high level into three distinct types.

Prescriptive Analytics Software 210

Prescriptive Analytics Software Predictive Analytics Procurement Analytics Analytics Software 210

Global Trade Management

DECEMBER 11, 2023

This newsletter will explore how analytics can revolutionize supply chain management, mitigating risks and enhancing operational efficiency. Conversely, prescriptive analytics provides actionable insights, guiding businesses in making informed decisions.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Supply Chain Software Analytics Software Predictive Analytics 59

Supply Chain Shaman

APRIL 16, 2024

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. This week, I was at Informs Analytics Conference. This analysis occurs with each run of tactical planning.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

EC Sourcing Group

JANUARY 19, 2023

S pend analysis in procurement is a longstanding concept, however, implementation can be difficult without the proper tools. Over the years, implementing this kind of analysis has become more accessible than ever with the advent of robust procurement tools and software.

Analysis 52

Analysis Procurement Solutions Analytics Software Logistics Network Optimization Software 52

EC Sourcing Group

JULY 5, 2022

Spend analysis is a process that identifies, cleans, categorizes, and analyzes your business spend data. The process of spend analysis has specific goals of efficiency and saving money by increasing visibility into spend, which can decrease overall procurement costs. What Is Spend Analysis : Choosing the Right Software.

Analysis 52

Analysis Analytics Software Supply Chain Design Software Supply Chain Planning Software 52

Logility

JUNE 17, 2020

When developing an ROI for supply chain analytics, we promote: Cost reduction. Timely analytics. By providing timely analytics tied with a singular version of internal data truth and third-party data, Sales and Operations Planning (S&OP) becomes an inherently more efficient process as forecasts reflect reality.

Analytics Software 130

Analytics Software Supply Chain Planning Software Analytics Cost Reduction Strategies 130

Logility

JUNE 27, 2018

Analytics are literally everywhere. Open any supply chain periodical, blog, or report and chances there is a discussion around the importance of analytics. An important goal of a supply chain analytics initiative is to enable better business decisions that improve operating results and allow you to be more responsive to customer needs.

Prescriptive Analytics Software 113

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 113

Enterra Insights

MARCH 9, 2022

One of the most recent tools being adopted by businesses is predictive analytics. As the introduction to an edited volume on the subject explains, “Predictive analytics is the art and science of proposed predictive systems and models. Predictive analytics plays an essential role in the digital era. ”[2].

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Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 130

ThroughPut

DECEMBER 6, 2023

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.” What Is Predictive Analytics for Supply Chain?

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Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

The Smart Software

NOVEMBER 27, 2023

Watch as the calculations, intricately guided by planners utilizing our software, seamlessly converge into Smart Operational Analytics (SOA) reports, dividing five key areas: inventory analysis, inventory performance, inventory trending, supplier performance, and demand anomalies.

Analytics Software 52

Analytics Software Analytics Inventory Report 52

EC Sourcing Group

JUNE 14, 2022

Spend analysis in procurement has always been an imperative, playing a vital role both in procurement management and the supply chain. Spend analysis technology” and “ spend analysis software” are parallel terms, and automates the entire spending analysis system. Full Visibility with a Spend Analysis.

Analysis 52

Analysis Forecasting Software Vendor Strategies Analytics Software 52

Logility

JUNE 28, 2018

Analytics are literally everywhere. Open any supply chain periodical, blog, or report and chances there is a discussion around the importance of analytics. An important goal of a supply chain analytics initiative is to enable better business decisions that improve operating results and allow you to be more responsive to customer needs.

Prescriptive Analytics Software 101

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 101

Silvon Software

AUGUST 8, 2022

To address these issues, manufacturers and distributors are focusing more on the use of data analytics to help them make more strategic decisions related to supply chain performance. But how can organizations best use data analytics to enhance their supply chain management efforts? Make supply chain analytics broadly available.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

SCMDOJO

JUNE 6, 2023

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. How does data analytics help supply chain optimization? Let’s explore the roles which data analytics play in this process. Why is it crucial? Download from the below link.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

QAD

OCTOBER 4, 2023

What is Supply Chain Analytics and Why is it Important? Supply chain analytics allows businesses to examine their operations and view data in real-time. With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Enterra Insights

APRIL 25, 2019

For decades, companies have gathered smart people together to perform what-if analysis, identify trends, and produce forecasts. Today, in addition to those activities, new analytical tools are available to help business leaders predict what could happen in the future. ” Types of analytics. Descriptive analytics.

Predictive Analytics 124

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 124

Silvon Software

MARCH 3, 2023

Also be sure to perform root cause analysis on items with high forecast errors to learn what’s causing them. Using Capacity Utilization as a metric in your manufacturing analytics can help companies pinpoint areas where your production line is being wasteful, inefficient, or under-utilized.

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S&OP Procurement Analytics Supply and Demand Analytics Software 102

Supply Chain Shaman

FEBRUARY 4, 2018

A strained request from a marketing director for a software company ensued, “You did not list us in your analytics report, and we want to know why.” Had I been clear in the taxonomy of the recent supply chain analytics report?” Today, when you say the term analytics, the thought in many supply chain leaders is still “reporting.”

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Prescriptive Analytics Software Analytics Software Predictive Analytics Supply Chain Planning Software 209

Logility

MAY 10, 2018

At the Informs Business Analytics Conference in Las Vegas last year, I spoke about the potential to enable S&OP / IBP through advanced analytics. I firmly believe that one viable path to more automated and intelligent supply chain operations is through moving up the analytics maturity ladder.

Prescriptive Analytics Software 100

Prescriptive Analytics Software S&OP Analytics Software Predictive Analytics 100

Descartes

OCTOBER 1, 2019

Descartes Analytics uses Microsoft Power BI with Descartes standard integration, data models, dashboards and reporting templates. The solution benefits from Power BI’s analytics and reporting capabilities. said, “Data analytics is the new frontier for many companies as they look to perform better and find ways new ways to compete.

Analytics Software 150

Analytics Software Supply Chain Design Software Supply Chain Planning Software Analytics 150

SupplyPike

JULY 2, 2020

Learn about: Understanding CPG data analytics The differences among observational data, activity data, and sales data Data analytics solutions for CPGs. A data-directed business makes the best use of its CPG data analytics to set up a sequence of continuous progress in the domain. Understanding CPG Data Analytics.

Analytics Software 98

Analytics Software Analytics Forecasting Software Supply Chain Planning Software 98

Talking Logistics

MARCH 19, 2019

Relying on proactive rather than reactive analytics, and the ability to make specific actionable callouts from these data sets, will be key to navigating the ever-changing shipping landscape both now and in the future. Although very informative in their own right, retrospective analytics cannot undo the past. Enter proactive analytics.

Analytics Software 129

Analytics Software Analytics Shipping Metrics 129

ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain? How should the supplier perform?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

ThroughPut

DECEMBER 22, 2023

In this article, we go a step further to show you why it might be time to empower plant managers with supply chain analytics. AI-Powered Supply Chain Analytics: A Key to Eliminate Bottlenecks in Manufacturing A common query for many is whether technology has the capability to foresee and eliminate bottlenecks in the manufacturing process.

Resource Reduction 52

Resource Reduction Expense Reduction Cost Reduction Strategies Inventory Reduction 52

Enterra Insights

FEBRUARY 19, 2020

Business leaders are not immune to this curiosity; however, their methods for divining the future generally involves gathering smart people together to perform what-if analysis, identify trends, and produce forecasts. As AI and machine learning continue to develop, the way we use analytics also continues to grow and change. ”[1].

Prescriptive Analytics Software 100

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 100

SupplyPike

MAY 28, 2020

Learn about: What an ABC analysis is How you can implement it How Walmart uses it in its daily business. ABC analysis is based on “ The Pareto Principle ,” also known as the 80/20 rule. An ABC analysis helps you clearly assess this effort and also shows the importance of individual factors to the business.

Analysis 71

Analysis Negotiate Pricing Negotiating Skills Purchasing Skills 71

Enterra Insights

NOVEMBER 26, 2019

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball. ”[4].

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Procurement Analytics 100

Logistics Viewpoints

FEBRUARY 8, 2024

Predictive and prescriptive analytics have emerged as valuable tools that enable warehouse operations managers to streamline processes, minimize costs, and enhance productivity. Predictive analytics can forecast future demand based on historical sales data, seasonal patterns, market trends, and other factors.

Prescriptive Analytics Software 240

Prescriptive Analytics Software Predictive Analytics Predictive Analytics Software Analytics Software 240

AIMMS

FEBRUARY 9, 2017

If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. Prescriptive Analytics is a type of Advanced Analytics that results in a recommended action. billion in value by 2019. AIMMS has been in the business for more than 25 years.

Prescriptive Analytics Software 156

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 156

Intelligent Audit

JANUARY 12, 2023

Analytics and business intelligence can help. Logistics analytics relies upon data relevant to supply chain management and the logistics operations of a company. Benefits of Logistics Analytics. Data analytics in logistics can provide shippers with a host of important benefits. These include the following. More accuracy.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Logistics Network Optimization Software 52

RFgen

MAY 16, 2023

The role of data analytics in optimizing inventory management processes has become increasingly important. Analytics help organizations make smarter decisions, reduce costs, and improve customer satisfaction. But your analytics is only as good as the underlying data. That’s why most inventory handlers leverage data.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52