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Why a Modern BI Platform is Needed for Predictive Analytics

Silvon Software

Predictive Analytics has emerged as a pivotal tool in this quest, offering unprecedented foresight into market trends, consumer behavior, and operational efficiencies. Without a solid BI backbone, predictive analytics will be limited in its ability to yield accurate projections of future business performance.

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Staying Ahead with Advanced Analytics in Supply Chain Management

Logility

In an ever-evolving technological landscape, new potential explodes in the supply chain space daily. With improving machine learning and artificial intelligence capabilities, advanced analytics are shifting, becoming a more attractive option to leaders across industries. What Are Advanced Analytics? What don’t I already know?

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Robots Take Center Stage at MODEX 2024

Logistics Viewpoints

It showcases the latest products, technologies, and services from over 900 exhibitors across various sectors and industries. The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory.

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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. However, luckily these analytic options can be categorized at a high level into three distinct types.

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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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The Power of Predictive Analytics in the Supply Chain

Enterra Insights

One of the early tools used by soothsayers was the crystal ball. They spend enormous sums on planning and forecasting technologies. One of the most recent tools being adopted by businesses is predictive analytics. Predictive analytics plays an essential role in the digital era. ”[2].

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The Three Types of Supply Chain Analytics

The Smart Software

In this video blog, we explore the critical roles of Descriptive, Predictive, and Prescriptive Analytics in inventory management, highlighting their essential contributions to driving supply chain optimization through strategic foresight and insightful data analysis.