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ABC Analysis of Inventory: Optimize Business Bottom Line

OptiProERP

ABC analysis strategy is used to classify data into three categories based on the values of the target measured in descending order. You can have more, but too many will complicate your analysis and cycle counting routines. ABC analysis is not a process to maintain accuracy; it is designed to discover methods to optimize the inventory.

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Demand Forecasting in an Inflationary, Supply-Constrained, Semi-Post-Pandemic Environment

Logistics Viewpoints

I tend to use time series analysis as an anchor to my forecast, as I suspect many of you do. However, time series provide only a general guideline rather than well-informed expectations. Their analysis showed which industries tend to have large swings in capital expenditures subsequent to economic shock. Final Word.

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Staying Ahead with Advanced Analytics in Supply Chain Management

Logility

Statistical analysis is a vital component of the supply chain. Use the above guidelines to ensure your organization has adequate infrastructure in place to support your analytics expansion. But how can you incorporate advanced analytics into your supply chain flow? Let’s take a look. What Are Advanced Analytics?

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Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

Evaluating each step of the procurement process, identifying pain points, and seeking opportunities for improvement should also help to streamline workflows, eliminate bottlenecks, and establish clear guidelines for future operations. An Analysis by Ivalua Read More : What is Source to Pay Best Practice?

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Supply Chain AI: 3 Trends Here to Stay – Thought Leaders

Logility

To address these risks, companies should implement responsible practices such as usage guidelines, model monitoring, and user feedback loops. Real-time AI, such as natural language processing, is used on ongoing data streaming, enabling more real-time analysis and insights.

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The Single Point of Failure in Supply Chain – Baby Formula!

Supply Chain Game Changer

Given lack of strict adherence to FDA guidelines, imports from Europe and elsewhere have been curtailed, further restricting necessary supply lines. Theoretically the people who manage such regulatory requirements would have first done the supply-demand analysis to forecast the ramifications of any policy decisions. Trade Policy.

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Freight Market Intelligence: Data is crucial, but context is king

Freightos

Legibility, followed by analysis and the ability to take action can literally change industries. But even since July 2020, much has changed. As more data sources get legible, whether it’s container ship movements, eAWBs or carrier rates , it can have incredible ramifications.

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