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?” Types of Analytics.

Supply Chain Inventory Optimization – Beyond the Analytics

Cerasis

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.

Don’t risk falling behind: 3 things you can do to start mastering analytics

AIMMS

In today’s business environment, you can’t remain competitive without mastering analytics. S till, most companies are “not very far” when it comes to implementing analytics and garnering benefits from data, as a recent survey from CSCMP suggests.

Why chemical companies need prescriptive analytics for S&OP

AIMMS

What prescriptive analytics capabilities can bring, is the ability to throw all these variables and constraints into the mix and simply press the optimize button to uncover the opportunities. The case for prescriptive analytics capabilities in S&OP.

CIO: Here's Why Analytics is Eating the Supply Chain

Life science companies are adopting innovative cloud technology to provide a single source of truth for end-to-end supply chain decision-making

[Infographic] Prescriptive Analytics, Demystified

River Logic

As an employee of one of the major providers of prescriptive analytics software on the market, I've been dying to know: Do people even know what the hell prescriptive analytics is ? Prescriptive Analytics Advanced Analytics

Global FMCG Supply Chain Transformed by Analytics

Enchange Supply Chain Consultancy

Customer service FMCG KPI Supply Chain Inventory Management & Stock Control Supply Chain AnalyticsThe Challenge A leading global FMCG company undertook an aggressive supply chain improvement programme across 150 markets.

FMCG – Hunkering down for Supply Chain Analytics

Enchange Supply Chain Consultancy

Customer service FMCG CEO Inventory Management & Stock Control Supply Chain Analytics ITHave you ever “hunkered down”? I remember being asked to hunker down during a supply chain training course many years ago and I had no idea what I was supposed to do.

Using Managed Analytics to Build a Next-Generation Supply Chain

Talking Logistics

Managed analytics is an integrated information process that’s been field-tested and proven to drive improved supply chain performance. The Fundamentals of Managed Analytics. The Benefits of Managed Analytics. Is Your Supply Chain Right for Managed Analytics?

Removing the 3 Barriers to Building a Predictive Supply Chain

CHAIN DATA CLEAN STRUCTURE PREDICTION & SIMULATION ClearMetal.com | Toppling 2 Major Misconceptions in Predictive Logistics 3 Barriers to Predictive Logistics Today, three barriers remain in global supply chain analytics: 1. such as cloud, analytics and big data.

Supply Chain Analytics: Is your data providing information & actions?

Enchange Supply Chain Consultancy

Supply Chain Inventory Management & Stock Control Supply Chain Analytics ITWho coined the term “Big Data”? How did we get there without tiny data, ordinary data, slightly larger data, chubby data and bordering on big data?

[Infographic] Big Data Analytics in Supply Chain

Cerasis

Editor's Note: Today's blog is from our friend Derrick Rehn with FusionOps who shows us how big data analytics can benefit you in your supply chain. . In areas of big data analytics for enterprises, the answer is inevitable – use the cloud. . Implementing Advanced Analytics .

Gartner’s Five-Stage Maturity Model for Supply Chain Analytics

ToolsGroup

Gartner measures supply chain analytics maturity across seven different dimensions. There are supply chain and demand analytics models that describe the type of analytics being deployed (e.g., Excel spreadsheets dominate, providing limited analytics.

Analytics for better decision making: removing the barriers for supply chain teams

AIMMS

For us, it was a special occasion because we had the opportunity to give the event’s audience a preview of AIMMS SC Navigator – our new analytics solution for supply chain teams. Still, companies struggle to adopt advanced analytics for supply chain.

End to End Supply Chain Visibility - Solving The Data Problem

analytics via a cloud-based application that. 1DIGITAL TRANSFORMATION, END-TO-END VISIBILITY, AND. THE "DATA PROBLEM". Given the macroeconomic cl imate and the. Amazon effect," many companies are. looking to digital ly transform their. businesses. For decades, businesses have largely.

Internet of Things (IOT), Cost-to-Serve, Segmentation and Supply Chain CoEs are unable to deliver promised business value without Prescriptive Analytics

AIMMS

As a Gartner recognized Prescriptive Analytics software company, we’re most interested in all things digital that have analytical flavor by nature. This requires Prescriptive Analytics, a type of advanced analytics that results in a recommended ACTION.

Perspective: The New Uber of Analytics and Moving Along the Analytics Powered Decision-Making Curve

Supply Chain Matters

This Supply Chain Matters posting is a continuation of our market education series related to approaches towards enterprise optimization and analytics applied to critical decision-making needs. The Wall Street Journal recently published a report: Uber Should Share More Data with Cities, (Paid subscription required) which for this author, provides a further example for moving beyond […].

Supply Chain – regular IT to Supply Chain Analytics

Enchange Supply Chain Consultancy

Performance Improvement ERP/SAP Forecasting & Demand Planning Supply Chain AnalyticsI am an App-free zone. I have to admit I am not a big App fan but at least I now know what an App is after a lengthy period of ignorant denial.

Supply Chain Analytics: Sprouts, Imodium & Harry Potter

Enchange Supply Chain Consultancy

FMCG Dave Jordan CEO Humour Supply Chain Supply Chain Analytics ITChristmas and new year holidays seem a long way behind. The decorations have been squeezed back into their boxes for another year and Slade, Cliff, Bing, Bowie and others are safely back in their CD cases.

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

Gaining a Competitive Edge through Advanced Analytics

Enterra Insights

Gary Cokins ( @GaryCokins ), founder of Analytics-Based Performance Management LLC, asserts, “Analytics is becoming a competitive edge for organizations. Once being a ‘nice-to-have,’ applying analytics is now becoming mission-critical.”[1] ”[1] He continues, “The use of analytics that include statistics is a skill that is gaining mainstream value due to the increasingly thinner margin for decision error. Descriptive Analytics.

Is Prescriptive Analytics really going to disrupt how Supply Chains evolve?

AIMMS

I’m a big fan of Prescriptive Analytics but does this mean I dump ERP? I’m going to build a supply chain analytics center of excellence. I’m going to use a Prescriptive Analytics technology that I can leverage to build my own applications quickly.

Supply Chain Analytics: The birth of a new Dawn, or Daniel

Enchange Supply Chain Consultancy

CEO Forecasting & Demand Planning Supply Chain Analytics ITAnyone expecting their first child has probably been told by a gloating-doting grandparent-to be that their lives are about to change dramatically.

Analytics and the Digital Supply Chain

Enterra Insights

“By the end of 2020,” asserts the editorial staff at Material Handling & Logistics (MH&L), “one-third of all manufacturing supply chains will be using analytics-driven cognitive capabilities, thus increasing cost efficiency by 10% and service performance by 5%.”[1] ” Advanced Supply Chain Analytics. Excel spreadsheets dominate, providing limited analytics.” Analytics support new business models and demand shaping.

Analytics in Distribution and Manufacturing Taking Center Stage

Cerasis

Analytics has been a buzzword in recent years. Everyone seems to be clamoring to get on the big data and analytics train. Part of this drive toward more interest in analytics in distribution and manufacturing comes from the ability of analytics to reduce inefficiencies dramatically and increase productivity in both physical and virtual sales environments. How Are Analytics in Distribution and Manufacturing Being Used?

Five Steps to Navigating Supply Chain Analytics Data Challenges

Talking Logistics

Having been in the game of supply chain analytics for so long, we’ve noticed that data is the single biggest challenge our customers and consultants encounter. The post Five Steps to Navigating Supply Chain Analytics Data Challenges appeared first on Talking Logistics with Adrian Gonzalez.

Tackling the Unknown: Trying to Figure Out New Forms of Analytics

Supply Chain Shaman

The new world of supply chain analytics is my current research project. There is a great need for improved supply chain analytics. The first generation of supply chain analytics were an extension of solutions with three letter acronymns–ERP, CRM, SRM, SCE, and APS.

Predictive and Prescriptive Analytics: Your Supply Chain Needs Both

River Logic

As manufacturing companies become increasingly complex and begin leveraging more data, the role of advanced analytics in business planning processes is slowly becoming a necessity. Prescriptive Analytics Advanced Analytics predictive analytics

Why Outsourcing Your Supply Chain Network Design Analytics May Be the Best Option

CHAINalytics

| By Jonathan Whitaker | Principal, Managed Analytics Services | Chainalytics | Every supply chain organization seeks an optimally designed network to reduce cost while improving efficiency, customer service levels, and a competitive advantage.

Want to disrupt your supply chain? Check out this new analytical tool

ToolsGroup

Brad Householder, Founder and CEO of b2i, spoke at the ToolsGroup TG18 user conference recently and presented an innovative approach to strategically analyze your value chain to focus digital investments. Brad, by the way, comes from a great pedigree.

Tools 175

4 Big Benefits for the Use & Implementation of Predictive Analytics In Manufacturing

Cerasis

The predictive analytics of the past are becoming more apt and intellectual, powering a new age in manufacturing. Additionally, major manufacturers are working to prioritize predictive analytics and use them to improve production. Predictive Analytics Will Benefit Manufacturers.

Advanced Analytics Aren't Just for IT.

River Logic

This includes using advanced analytics to examine data and develop future strategy based on trends and other information mined from the data. In particular, large and mature organizations can leverage the information derived from advanced analytics to increase profitability, position the company and optimize performance. Advanced Analytics Supply Chain Excellence CFO CSCO CEO COO

Uncovering New Uses for Supply Chain Analytics

APICS

For supply chain professionals, much is made about utilizing data analytics to improve demand planning and forecasting. However, Deloitte reports that 35 percent of companies now use analytics to mitigate third-party supply chain fraud, waste and abuse, an increase from 25.2

A Practical Guide to Setting Up a Supply Chain Analytics Center of Excellence

AIMMS

It comes as no surprise that business and supply chain leaders are seeking new approaches to get ahead in the analytics age. Implementing an analytics strategy, and in particular implementing prescriptive analytics, can significantly improve revenues and drive down costs.

Supply Chain Analytics: A Continued & Renewed Focus on Using Data for Improvement

Cerasis

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. What Do Supply Chain Analytics Have to Do With This Ability?

Analyzing the Analytics of Supply Chain Planning

Logility

Climbing the Ladder of Analytics Value. Amid the general buzz in the supply chain planning field regarding optimization solutions and algorithmic planning, a diagram of value vs. difficulty lays out four stages of analytics by their difficulty and potential value.

Using Descriptive Analytics to Improve Supply Chain Visibility for Variability, Velocity, Volume, and Variety.

Arkieva

Using Descriptive Analytics to Improve Supply Chain Visibility for Variability, Velocity, Volume, and Variety. Memoirs of a Black Belt Supply Chain descriptive analytics supply chain prescriptive analytics in supply chain supply chain analytics supply chain optimization through segmentation and analytics supply chain visibility use of predictive analytics in supply chain

Role of Prescriptive Analytics in Supply Chain Vision 2030

River Logic

Role of Prescriptive Analytics in Next Generation Decision Support. Prescriptive Analytics Supply Chain ManagementFigure 1. There is a new technology revolution in the making with the explosion of Internet of Everything, Machine Learning, self-driving cars, etc.

The Next Frontier: Prescriptive Analytics for the Non-Data Scientist

River Logic

On May 23rd at the Gartner Supply Chain Executive Conference, we gave a 45-minute presentation entitled "The Next Frontier: Prescriptive Analytics for the Non-Data Scientist," presented by Ray Cline, former Global Industry Lead at CGI Oil & Gas and Gene Carlino, our very own Director of Sales. Prescriptive Analytics Gartner