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. Invest in analytics to sense and translate demand. While new analytics possibilities exist, business leaders’ understanding of how to use them is limited.

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. Invest in analytics to sense and translate demand. While new analytics possibilities exist, business leaders’ understanding of how to use them is limited.

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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

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

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.

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

Reverse Logistics Analytics: How to See Past Customer Delivery

GlobalTranz

The application of analytics offers opportunities to increase supply chain value, and in today’s world, few applications of analytics carry the weight placed on reverse logistics analytics. Data Reverse Logistics reverse logistics analytics

What Omnichannel Supply Chain Analytics Should I Know?

GlobalTranz

Omnichannel supply chain analytics provide the level of insight needed to succeed in the omnichannel-driven world. Supply chain leaders need to understand the challenges of applying omnichannel analytics, how.read More. The post What Omnichannel Supply Chain Analytics Should I Know?

6 Supply Chain Analytics Examples to Keep You Competitive

River Logic

To illustrate the point, a recent paper from Ventana Research on supply chain planning revealed issues that companies using spreadsheet planning have experienced, including: Prescriptive Analytics Supply Chain Advanced Analytics predictive analytics Supply chain analytics Supply Chain Planning supply chain analytics examples

How Supply Chain Analytics Empower Digital Transformation

GlobalTranz

The result is improved customer service, but the real implications of supply chain analytics go much further. The proper use of supply chain analytics is crucial to digital.read More. The post How Supply Chain Analytics Empower Digital Transformation appeared first on Transportation Management Company | Cerasis. Data Supply Chain supply chain analytics

Common Use Cases for Mathematical Optimization

What is mathematical optimization and what are some of the most common use cases for across industries? How can this type of prescriptive analytics be applied to lower costs, reduce carbon emissions, and build more resilient supply chains? Find out in this guide.

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. Analytics Integrate Inventory Management Into All Supply Chain Processes.

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. Analytics for Diversifying the Supply Base. A leading risk platform can fully automate risk assessment and procedures using data and analytics. The Role of Digitisation and Analytics in Supply Chain Resilience.

The New Era of Instant Data Analytics

IT Supply Chain

The post The New Era of Instant Data Analytics appeared first on IT Supply Chain. By Peter Ruffley (pictured). CEO of Zizo. Industry Talk

Understanding the Role of Analytics in Reverse Logistics

GlobalTranz

Analytics can be used to improve operations throughout the entire supply chain, but the role of analytics is often applied to warehouse operations and forward logistics. However, reverse logistics can benefit from analytics as well.read More.

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.

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

Modern Supply Chain Analytics: Are You Keeping Up?

River Logic

According to Supply Chain Digital Magazine, many manufacturers are falling behind with more than two-thirds of them being unable to provide data-driven analytical information to support their business decisions.

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.

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.

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.

How Can Data Analytics Help Management Teams

IT Supply Chain

The post How Can Data Analytics Help Management Teams appeared first on IT Supply Chain. By Allen Brown (pictured). Content Writer. Industry Talk

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.”

Prescriptive Analytics: A Conversation with Joe Bellini

The Network Effect

The post Prescriptive Analytics: A Conversation with Joe Bellini appeared first on The Network Effect. Analytics Artificial Intelligence (AI) Multiparty Network Network Business Supply Chain Control Towers Supply Chain Management autonomous supply chain machine learning prescriptive analytic

Watch: Machine Learning for Risk Analytics

Supply Chain Brain

With multiple layers of suppliers, artificial intelligence and big data can help companies get clean and useful information, says Jim Hayden, chief data scientist at Everstream Analytics

A Supply Chain Leader’s Guide to Managing Disruption With Modern Analytics

Learn to manage disruption with modern supply chain analytics.

Prescriptive Analytics: 22 Things the Experts Are Saying About Analytics’ Rising Star

River Logic

Prescriptive Analytics Supply Chain Optimization Integrated Business Planning predictive analytics

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

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. .

5 Powerful Prescriptive Analytics Examples in Supply Chain

AIMMS

The post 5 Powerful Prescriptive Analytics Examples in Supply Chain appeared first on AIMMS

AIMMS 156

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.

5 Must-Know Applications for Prescriptive Analytics in Supply Chain

River Logic

Capacity Planning Supply Chain Excellence Supply Chain Optimization supply chain modeling Supply chain analytics Supply Chain Planning

The Power of Predictive Analytics in the Supply Chain

Enterra Insights

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. The Value of Predictive Analytics.

Data Analytics for Your CPG Company

SupplyPike

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.

Big Data Analytics to Improve Supply Chain Resilience

GlobalTranz

And, investment statistics reveal an increasing trend for more technology to enable multi-modal shipping and the application of big data analytics to increase scalability, flexibility, and demand-driven management decisions.

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!

Supply Chain Predictive Analytics: What Is It and Who's Doing It?

River Logic

Predictive analytics techniques allow organizations to identify patterns and trends hidden in their data to understand market trends, identify demand and establish appropriate pricing strategies. predictive analytics Supply chain analytics

Watch: 3PL Parcel Analytics and Billing

Supply Chain Brain

Automation, accuracy and velocity are key to third-party logistics parcel analytics and billing management, says Coby Nilsson, chief executive officer and co-founder of Enveyo

Big Data, Analytics, and Industry 4.0

Enterra Insights

” Data and Advanced Analytics in Industry 4.0 Industry 4.0 Venkat Viswanathan ( @venkatlv ), Founder and Chairman of LatentView Analytics, explains, “There has been a lot of talk about the enormous potential and market opportunity for smart factories.

What is Predictive Analytics and How is it Used in Supply Chain Operations?

Kuebix

You may be familiar with the term predictive analytics – but have you ever stopped to ask yourself what it really means for your supply chain? Analytics help companies streamline process efficiencies and make sure important trends aren’t overlooked.

5 Steps to a Smart Supply Chain

times more likely to take advantage of analytics. Industry leaders are 3.5 This drive toward intelligent business is redefining how organisations need to operate if they hope to be successful