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

Reverse Logistics Analytics: How to See Past Customer Delivery

Cerasis

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

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Understanding the Role of Analytics in Reverse Logistics

Cerasis

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. In other words, analytics are associated with today’s warehouses and supply chains in the direction of a supplier to customer. However, reverse logistics can benefit from analytics as well.read More. Data Reverse Logistics Analytics in Reverse Logistics

How Supply Chain Analytics Empower Digital Transformation

Cerasis

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

Mission Critical: Leveraging Learning Engineering to Drive Digital Transformation

Speaker: Trish Uhl, Founder of Owl's Ledge LLC and the Talent & Learning Analytics Leadership Forum

Digital is disrupting every part of an organization's value chain at a record pace, creating a critical need to transform operations and employees' ways of working. Formal training alone can't keep up; it's often too slow, too generic, inconvenient, inefficient, unduly expensive and lacks or lags methods for measuring business-related effectiveness. Trish Uhl show you how to start leveraging Learning Engineering, a multidisciplinary approach that combines modern technology, data analytics, decision science, learning sciences and change management with human-centered engineering design methodologies to ultimately deliver targeted learning outcomes and business results that keep pace with the business and merge learning into the flow of work and lead Digital Adoption.

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. With the flood of data available to businesses regarding their supply chain these days, companies are turning to analytics solutions to extract meaning from the huge volumes of data to help improve decision making. Looking at all the analytic options can be a daunting task. Descriptive Analytics : Insight into the past.

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. .

What Omnichannel Supply Chain Analytics Should I Know?

Cerasis

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? Data Omnichannel Supply Chain Omnichannel Supply Chain AnalyticsIn the omnichannel world, supply chain leaders need to understand every process and activity.

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

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. Prescriptive Analytics predictive analytics Supply Chain Optimization supply chain modeling Supply chain analytics Supply chain digital twin

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

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. Advanced Analytics Supply Chain Optimization supply chain modeling Supply chain analytics supply chain analytics software

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. Retail giant Amazon uses predictive analytics to study the behaviors of over 200 million customers who produce over 1 billion GB of website data per year, which results in tailored product suggestions that earn the company over $2 billion in sales a year. using predictive analytics?built Predictive Analytics in a Nutshell.

Using Procurement Analytics to Simplify Your Supplier Reconciliation

Logility

However, with a simple software-based supplier reconciliation process using procurement analytics in place, an organization can automate this cumbersome process to save hundreds to thousands of man hours every year. 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

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

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. Advanced Analytics Supply Chain Optimization supply chain modeling Supply chain analytics supply chain analytics software

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.”

Advanced Analytics Are Everywhere!

Logility

Today it seems like you can buy just about any type of device that supports analytics including: Toothbrushes that analyzes your brushing habits and alerts you to ways to maximize brushing through your smart phone; Wristwatches that tracks your every motion and provides performance metrics to help you meet your health and fitness goals; Refrigerators that monitor product usage and recommend when to buy milk or suggests new products based on actual consumption data; and. Analytics

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 analyticsUsing this information, supply chain leaders can address supply chain challenges, reduce costs and at the same time improve service levels.

Drone Automation for Warehouse 4.0

The digital transformation of warehouses – driven by safety, cost and time benefits – is underway across the world. Technologies such as IoT, AI,and drones are augmenting the business value created by adoption of RFID, robots and real-time analytics. UAVs

How Supply Chain Analytics Jobs Are Changing in the Digital Era

River Logic

Supply Chain Supply chain analytics Supply Chain Talent Supply Chain Analytics JobsWhile the term algorithm implies complexity, this isn't necessarily the case, as an algorithm is simply a set of rules used to solve a problem.

The Biggest Problem with Supply Chain Analytics, and How You Can Fix It

River Logic

Supply Optimization Advanced Analytics Supply Chain Excellence Supply Chain Optimization Supply chain analytics

Warehouse Management Analytics: What You Need to Know

Cerasis

The right application of warehouse management analytics can enable significant growth for companies, forced to focus on smaller package sizes, not the pallets and.read More. The post Warehouse Management Analytics: What You Need to Know appeared first on Transportation Management Company | Cerasis. The rise of e-commerce was a significant change for supply chain managers and leaders.

Driving Supply Chain Analytics User Adoption with Cross-Departmental Metrics

Logility

User adoption is a challenge that often arises during the rollout of supply chain analytics solutions. But changing the mindset from spreadsheets and reports to an analytical capability can be challenging as users must give up control of the data in exchange for more power to analyze the information. A lot of IT departments traditionally charged with rolling out supply chain analytics tools run into the same challenges, such as: How do we train users on this new application?

The 4 Stages of Supply Chain Analytics

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

Advanced Analytics Are Everywhere!

Logility

Today it seems like you can buy just about any type of device that supports analytics including; Toothbrushes that analyzes your brushing habits and alerts you to ways to maximize brushing through your smart phone; Wristwatches that tracks your every motion and provides performance metrics to help you meet your health and fitness goals; Refrigerators that monitor product usage and recommend when to buy milk or suggests new products based on actual consumption data; and.

Big Data Analytics to Improve Supply Chain Resilience

Cerasis

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. The post Big Data Analytics to Improve Supply Chain Resilience appeared first on Transportation Management Company | Cerasis. Supply chains across the globe need a better mousetrap to keep freight spend under control and efficiently manage freight.

Where’s the Value in Supply Chain Analytics?

Logility

When developing an ROI for supply chain analytics, we promote: Cost reduction. Timely analytics. By providing timely analytics tied with a singular version of internal data truth and third-party data, Sales and Operations Planning (S&OP) becomes an inherently more efficient process as forecasts reflect reality. These are just some of the many areas that derive increased value from supply chain analytics. The post Where’s the Value in Supply Chain Analytics?

Prove ROI and Make the Business Case for Industrial Content Marketing

Speaker: Achinta Mitra, Founder and President, Tiecas Inc.

It's the plight of an industrial marketer: over the course of a 12-18 month long buying cycle, you make contact with a whole host of influencers who read your content, who may or may not actually work in purchasing. By the time the RFQ comes in, the original project might be completely different. and your initial point of contact may be long gone! Meanwhile, the purchase somehow takes place, and Sales claims all the glory. How is a marketer supposed to make the business case for better content marketing? Join Achinta Mitra, Founder and President of Tiecas, Inc, as he explains how, despite the long, grueling buying cycle, you can prove the ROI of your content marketing. and win (or keep!) buy-in from your higher-ups.

The Growing Importance of Utilizing Analytics in the Supply Chain

Cerasis

Supply Chain executives can no longer dismiss the importance of using analytics in the supply chain. Analytics provide invaluable insight into business operations of any size, and according to McKinsey and Company, applying analytics in complex supply chain processes can lead to increased capacity, better efficiency, and higher profit margins.

What is the Future of Data Analytics?

In the Supply Chain

The post What is the Future of Data Analytics? By Sam Miller (pictured). Content Writer at Handmadewriting.com. appeared first on IT Supply Chain. Industry Talk

From Advanced Analytics Laggard to Leader

Logility

Logility in collaboration with Peerless Research released the report, The Keys to Creating and Leveraging Actionable Information , which highlighted feedback from executives on the opportunities, challenges and use of advanced analytics across their supply chain. As a result, an interesting statistic surfaced: “Only 22% of companies have implemented an advanced analytics initiative to help them achieve their supply chain and customer service goals.”. Analytics

Improving Your Supply Chain with Analytics and Collaboration

Logility

Logility’s digital supply chain platform with analytics offered the solution. Check out other Logility advanced analytics customer stories: Tri-Eagle Sales Uses Analytics to Improve Visibility into Its Growing Business. The post Improving Your Supply Chain with Analytics and Collaboration appeared first on Supply Chain Management Software (SCM Software) by Logility. Analytics Collaboration

Parts Town: An O2C Journey from Manual Processing to Digital Transformation

Speaker: Sarah Gibson, Platinum Operations Manager

The order-to-cash (O2C) process is often considered the lifeblood of an organization. It’s why so many business leaders are looking to next generation of O2C solutions to unlock value across their enterprise — value that’s necessary to remain competitive. Join us for an educational webinar with guest speaker, Sarah Gibson of Parts Town, as she takes attendees through her company’s digital transformation journey.