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Give Analytics A Chance

Supply Chain Shaman

We cannot change things overnight, but there are some steps that we can take through the use of advanced analytics. Traditional systems distort market signals. Invest in analytics to sense and translate demand. Invest in network design technologies.

Analytics 195
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Give Analytics A Chance

Supply Chain Shaman

We cannot change things overnight, but there are some steps that we can take through the use of advanced analytics. Traditional systems distort market signals. Invest in analytics to sense and translate demand. Invest in network design technologies.

Analytics 195
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Using Analytics to Measure S&OP Effectiveness

Silvon Software

Be sure to determine whether your planning and forecasting system ’s statistical forecast or the override forecast submitted by planners is more accurate. The post Using Analytics to Measure S&OP Effectiveness appeared first on Intelligent Enterprise.

S&OP 103
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The Big Supply Chain Analytics Failure

Supply Chain Shaman

New forms of analytics abound. Supply chain leaders struggle with the adoption and use of new forms of analytics. Only one in two are satisfied with their success in using analytics. Analytics Success by Business Leaders. analytics Big data supply chains

Analytics 243
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Guide to Mathematical Optimization & Modeling

What is mathematical optimization and how does it compare to other types of analytics? Which tool should you use to develop optimization applications and scale them across the business? What are best practices for successful adoption? Read now.

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Five Advanced Technologies That Are Revolutionizing Logistics

Logistics Viewpoints

If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges. Another advanced technology that’s becoming imperative is warehouse task automation.

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The Big Supply Chain Analytics Failure

Supply Chain Shaman

New forms of analytics abound. Supply chain leaders struggle with the adoption and use of new forms of analytics. Only one in two are satisfied with their success in using analytics. Analytics Success by Business Leaders. analytics Big data supply chains

Analytics 195
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Improving S&OP with Forecasting Analytics & Business Intelligence

Silvon Software

Advanced forecasting technologies and processes are needed to improve that alignment. This article quickly explores those technologies and describes how they can improve S&OP outcomes. This is where predictive analytics (or forecasting analytics) comes into play.

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The Role of Digitisation and Analytics in Supply Chain Resilience

The Logistics & Supply Chain Management Society

The Role of Digitisation and Analytics in Supply Chain Resilience. Technology has become a game changer in achieving supply chain resilience through allowing real time data, visibility, and responsiveness. Analytics for Diversifying the Supply Base.

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Examples of Supply Chain Focused Control Layer Technology Platforms

Supply Chain Matters

Supply Chain Matters provides two specific application examples of Cloud platform based supply chain focused control layer technology applied to address supply chain business process challenges.

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How Data Analytics Can Solve the Challenges Faced by SC Leaders in Discrete Manufacturing

Bringing data-driven intelligence to supply chain increases revenue, reduces costs, and improves the overall performance of any business, especially manufacturing companies where supply chain is the bloodline of their business. Read more!

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Platform or a Collection of Tools: Which One Do You Prefer for your Digital Transformation Efforts?

Solvoyo

The blender and the oven comprise a collection of tools that includes exchangeable tips and settings that can be used for different cooking endeavors. The difference between a Platform and a collection of Tools is the great recipe book and the right oven settings in our cookie analogy.

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10 Must-Read Supply Chain Analytics Books for 2023

SCMDOJO

If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field.

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Business Advantages of Advanced Analytics

Enterra Insights

Violino notes, “It’s one thing to gather large amounts of data and apply analytics to it; lots of organizations are doing that. That means a strong business case must be made for analytics from the outset. ” What Do You Want Analytics to Achieve?

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Descriptive, Predictive and Prescriptive Analytics Explained

Logility

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. Descriptive Analytics : Insight into the past. Analytics

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New Research: The State of Supply Chain Network Design in 2022

This report explores how the state of supply chain network design has changed – including how the tools, maturity models, and market demands are transforming the network design practice.

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How Analytics Can Cure Supply Chain Woes!

Supply Chain Game Changer

Fortunately, the newest versions of analytics or big data are already demonstrating their potential for helping move merchandise and raw materials from Point A to Point B, wherever those points happen to be. Visual Analytics. The post How Analytics Can Cure Supply Chain Woes!

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9 Key Steps to Evaluating Supply Chain Analytics Software

River Logic

But before buying analytics software, it's best to take a step back and determine what's right for your organization. There are numerous vendors selling different types of supply chain analytics software, but unless you're ready for what they offer, you may be wasting your money.

Analytics 130
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9 Key Steps to Evaluating Supply Chain Analytics Software

River Logic

But before buying analytics software, it's best to take a step back and determine what's right for your organization. There are numerous vendors selling different types of supply chain analytics software, but unless you're ready for what they offer, you may be wasting your money.

Analytics 130
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How Do We Stop Buying Planning Software the Wrong Way?

Supply Chain Shaman

The Process of Software Selection. I am constantly amazed that business leaders can engage with technologists month after month (often over eight and sometimes over a year) to select a supply chain planning system and then call me to ask for help on the decision.

Software 370
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Hype Cycle for Supply Chain Strategy, 2020

Our recent supply chain planning survey showed that only 17% of organizations place considerable effort on innovation. For most, firefighting is the norm. But to succeed in today’s business landscape and recover quickly from disruptions, you need to carefully balance operational excellence with innovation for long-term growth. Get insights in this Gartner report to find out where to invest and what you should adopt as standard business practices.

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Warehouse Management Systems (WMS): Growth Accelerated in 2021

Logistics Viewpoints

I just completed the data gathering process for ARC’s global Warehouse Management Systems (WMS) market research study. In 2021, the WMS market continued its shift from perpetual licensing to SaaS licensing. Modern APIs, pre-built connectors, and warehouse analytics were all noted.

System 249
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Using Analytics To Address Supply Chain Challenges

Silvon Software

Plus, changing consumer behaviors and demands are leading businesses to adopt newer technologies and innovations so they can adapt and evolve at a faster rate. But how can organizations best use data analytics to enhance their supply chain management efforts?

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Cultivate a Stickier Customer Base Using WMS Add-On Technology

Logistics Viewpoints

How 3PLs Can Gain Visibility and a Competitive Advantage Offering Automated Billing and a Self-Service Interactive Customer Portal It’s hard to imagine a third-party logistics (3PL) business today operating without some form of a warehouse management system ( WMS ) connecting the digital dots.

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A Framework for Supply Chain Leaders to Understand Supply Chain Analytics

Supply Chain Shaman

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?” In the 1990s when I was part of the software team at Manugistics, supply chain analytics was a synonym for reporting. Today, when you say the term analytics, the thought in many supply chain leaders is still “reporting.”

Analytics 290
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5 Powerful Prescriptive Analytics Examples in Supply Chain

Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. Supply chain, with its complex planning questions, is typically an area where optimization technology is required. Read about 5 use cases.

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Harness Big Data with Predictive Analytics for your Supply Chain

Logility

The Science and practice of predictive analytics is well established and rapidly gaining ground in the public and private sectors. What are Predictive Analytics for Supply Chain? How can predictive analytics effectively address these seemingly unrelated topics?

Big Data 130
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How To Implement Predictive Analytics Into Your Company

Logility

Chances are, if you’re in marketing, sales, or one of the more technical aspects of business, you’ve used predictive analytics in some part of your job. But your company doesn’t have to be a retail giant to use predictive analytics. using predictive analytics?built Analytics

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Prescriptive Analytics is Going Mainstream. Is your Organization Ready?

AIMMS

To do this, many are relying on prescriptive analytics. According to Gartner, 11% of mid and large-sized enterprises currently have some form of prescriptive analytics. AIMMS has been in the market of prescriptive analytics (otherwise known as mathematical optimization) since 1989. Let’s explore what’s changed in the last three decades and what your organization should consider when driving prescriptive analytics adoption. .

Analytics 230
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Will Cloud Computing in Logistics Replace On-Premises Systems for Good?

Logistics Viewpoints

Today, data and software programs can be saved or run in any data processing center in the world. Cloud computing has made installation, administration, and updates significantly easier and has thereby laid the foundation for Software as a Service (SaaS).

System 306
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Gartner's Market Guide for Data Analytics and Intelligence Platforms in Supply Chain

The data analytics and intelligence markets are evolving, and supply chain leaders are struggling to keep up. This research offers an overview of the market conditions and provides a list of representative vendors with platform-based solutions for supply chain.

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Primer for Control Layer Technology Platforms Applied to Warehousing and Customer Fulfillment Processes

Supply Chain Matters

Supply Chain Matters provides a first installment in a four-part technology market education series where we address the evolving use of Cloud based control layer technology platforms applied to warehousing and customer fulfillment processes.

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Supply Chain Inventory Optimization – Beyond the Analytics

GlobalTranz

It is easy to make analytics the cornerstone of warehouse and distribution center management. While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. Siloed data and disparate systems skew analytics results. Your systems need unification and must use data as a whole.

Analytics 394
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Autonomous Planning in Supply Chain: 4 Must-Haves for Next-Generation Platforms

Logistics Viewpoints

When my fiance heard about the price, he advised that I find a local hairdresser and set up a frequent-shopper account with them for a few months until the tool is back in stock. The planning platforms need to evolve with changing business needs. Can these systems be easily replaced?

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Predictive Analytics becoming a Mainstream Business Tool

Enterra Insights

Predictive analytics is a topic you are likely to hear a lot more about in the years ahead. Predictive analytics … Continued. The post Predictive Analytics becoming a Mainstream Business Tool appeared first on Enterra Solutions. Best Practices Big Data Business digital enterprise Digital Path to Purchase Supply Chain Technology

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Why Data Matters: The Competitive Edge of Data & Analytics in Today’s Marketplace

This guide, "The Competitive Edge of Data & Analytics in Today’s Marketplace," outlines how supply chain visibility is key for technologically mature organizations to respond to the speed of today's market, and how data is key to enabling that speed.

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Why manufacturers should integrate business intelligence tools into their ERP software

SYSPRO Smarter ERP

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? BI and analytics have gone mainstream, as evidenced by Snowflake’s (a data warehousing company) transformation from a startup into a $63 billion company in just ten years.