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.

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3 Compelling Reasons to Start Using Prescriptive Analytics

AIMMS

If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. Prescriptive Analytics is a type of Advanced Analytics that results in a recommended action.

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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.

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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.

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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

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.

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[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 .

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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.

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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?

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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

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.

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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.

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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.

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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.

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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.

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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.

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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?

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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.

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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?

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Need Robust and Flexible Supply Chain Analytics? Build your own Apps

AIMMS

When it comes to Supply Chain Analytics, an “Apps approach” can have just as many benefits. But what exactly is a Supply Chain Analytics app? Most people think that Analytics Maturity is about technology. AIMMS analytics Conferences Gartner Innovation

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Empowering Self-Service Business Intelligence and Analytics for SAP Environments

Supply Chain Matters

Predictive Analytics SAP Supply Chain Business Intelligence Supply Chain Technology Every Angle Software harvesting business intelligence in SAP ERP SAP ring fence strategy Supply chain Matters blog supply chain operational business intelligence technology for SAP environments

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Supply Chain Analytics: The Times They Are A-Changin’

Supply Chain Shaman

My focus in this post is to highlight changes in supply chain analytics, and what this can mean for your business. Today, if you ask a supply chain leader about analytics, their response is all about reporting. Figure 1: The Changing World of Supply Chain Analytics.

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Getting the Question Right is at the Heart of Supply Chain Analytics

NC State SCRC

The need to identify a critical business issue is at the core of creating the right digital analytics. Analytics Big Data Global Supply Chain Innovation in the Supply Chain Internet of Things Supply chain analytics Supply Chain Management

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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.

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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

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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.

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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.

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Small Data Analytics

Supply Chain Movement

Over recent months, big data analytics has started to creep into the supply chain media too. A recent survey of decision-makers around the world by consultancy firm Accenture reveals that the actual use of big data analytics in the supply chain is still relatively limited. My own research has revealed that most companies at best apply predictive analytics using internal data, mainly forecasting based on historical data.

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Using Modeling and Analytics to Design a Resilient Supply Chain

Talking Logistics

You can use modeling technology to accurately identify and quantify potential supply chain risks and their corresponding costs, and develop mitigation strategies through scenario optimization and advanced analytics to build resiliency into your operations.

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Predictive Analytics: Promising or Scary?

Enterra Insights

The post Predictive Analytics: Promising or Scary? “Big Data is both an over-hyped buzzword and a real trend,” writes Gregory Piatetsky (@kdnuggets), President of KDnuggets, “reflecting the … Continued. appeared first on Enterra Solutions.

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Big Data Analytics: A Key to a Successful Supply Chain in the Next 5 Years?

Cerasis

However, as the importance of big data analytics is realized companies are beginning to realize that it is not only worth the investment but vital toward remaining competitive. There are several direct and indirect benefits to using big data analytics for your supply chain. Immediate Benefits of Big Data Analytics. The main benefit of big data analytics regarding supply chain management is customer service. Data Supply Chain Technology big data analytics

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Shoes of Prey Presents Prescriptive Analytics at Retail Supply Chain Summit

River Logic

Presented by Chris McCallum, Chief Operating Officer at Shoes of Prey , the keynote focused on three topics: Prescriptive Analytics Customers RetailAt this year's Annual Online Retail Supply Chain Summit, held in Melbourne, Australia, River Logic's customer Shoes of Prey gave a keynote entitled "Overcoming key supply chain challenges to meet customer fulfillment."

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Scenario Analysis: A Powerful Analytics Force

River Logic

Scenario Management Supply Chain Management Scenario Analysis

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Supply Chain Excellence Requires Laser Focus on Analytics – Case in Point: Unilever

River Logic

Supply Chain Management Gartner Advanced AnalyticsGartner, Inc. has released the findings from its annual Supply Chain Top 25 , a report that identifies supply chain leaders and highlights their best practices.

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Supply Chain Analytics and Digital Enterprise Transformation

Enterra Insights

The post Supply Chain Analytics and Digital Enterprise Transformation appeared first on Enterra Solutions. “Supply chain industry leaders have access to more information today than ever before in history,” writes Adam Robinson (@TweetsByARob). “As … Continued.

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What’s Behind the Supply Chain Analytics Revolution?

Logistics Viewpoints

There is a seemingly endless amount of information on the current analytics and big data revolution in business. The post What’s Behind the Supply Chain Analytics Revolution?

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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.

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Supply Chain Analytics for Dummies

Supply Chain 24/7

Supply Chain Analytics for Dummies, provides you with a handy book full of everything you need to know to get started on your journey

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On the Track to Profitability: The Power of Pricing Analytics in Rail Freight

Talking Logistics

However, when done right and enabled by predictive analytics, pricing can be the most powerful profit lever available. What is pricing analytics? How does pricing analytics drive increased profitability? Live Episode: Thursday, March 3, 2o16 at 12:00 pm ET.

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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.

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