Logility

MARCH 13, 2020

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.

Prescriptive Analytics Software 210

Prescriptive Analytics Software Predictive Analytics Procurement Analytics Analytics Software 210

ThroughPut

MARCH 27, 2024

While on one hand, predictive analytics analyzes historical data and market trends for accurate demand forecasting, on the other, customers are being offered personalized experiences based on their preferences, purchase history and behavior. Such detailed analytics also reduce retrieval times for faster order processing.

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Global Trade Management

DECEMBER 11, 2023

This newsletter will explore how analytics can revolutionize supply chain management, mitigating risks and enhancing operational efficiency. Conversely, prescriptive analytics provides actionable insights, guiding businesses in making informed decisions.

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Prescriptive Analytics Software Supply Chain Software Analytics Software Predictive Analytics 59

Enterra Insights

MARCH 9, 2022

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. Predictive analytics plays an essential role in the digital era. ”[2].

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Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 130

Logility

SEPTEMBER 16, 2020

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. For example, our client focused on critical preferred supplier relationships with high volume to start.

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Analytics Software Optimal Sourcing Analytics Procurement 130

Logistics Viewpoints

MARCH 27, 2024

Examples of Supply Chain Robots at MODEX 2024 Several exhibitors at MODEX 2024 showcased their innovative solutions for supply chain robotics, demonstrating the diversity and potential of this field. Here are some of the examples that caught our attention.

Analytics Software 214

Analytics Software Predictive Analytics Software Optimization Software Supply Chain Network Software 214

Unleashed

MAY 15, 2023

Most CRM systems offer configurable reporting and analytical tools for evaluating raw customer data and converting it into useful insights. You can also offer exclusive webinar content or one-to-one expert advice sessions, for example. Consultant Manager, ProspectSoft.

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Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour.

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Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

QAD

OCTOBER 4, 2023

What is Supply Chain Analytics and Why is it Important? Supply chain analytics allows businesses to examine their operations and view data in real-time. With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems.

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ThroughPut

DECEMBER 6, 2023

Thanks to the more advanced forms of supply chain analytics like predictive analytics, supply chains are proactively looking into the future and prepping for “what is to come” rather than only ruminating over “what already happened.” What Is Predictive Analytics for Supply Chain?

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ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain? How should the supplier perform?

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Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Silvon Software

AUGUST 8, 2022

To address these issues, manufacturers and distributors are focusing more on the use of data analytics to help them make more strategic decisions related to supply chain performance. But how can organizations best use data analytics to enhance their supply chain management efforts? Make supply chain analytics broadly available.

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Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Here, you may consider using a hybrid system of Kanban’s pull alongside analytics-based push methodologies (i.e.

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Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

Supply Chain Brain

APRIL 1, 2021

With prescriptive analytics monitoring all aspects of their supply chains, retailers can rest easy knowing that their merchandise, whether in transit or at a handling or storage facility, is well protected.

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Analytics Examples Supply Chain Retail 69

AIMMS

FEBRUARY 9, 2017

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. Supply chain teams are curious about adopting Prescriptive Analytics and exploring the benefits.

Prescriptive Analytics Software 156

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 156

Silvon Software

MARCH 3, 2023

Following are just a few examples of how measuring on-time delivery can be difficult: Volume of ordered goods. For example, if your company is a producer of fresh foods, forecast accuracy is critical to avoiding waste and the costs associated with it. logistics firms).

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S&OP Procurement Analytics Supply and Demand Analytics Software 102

Talking Logistics

MARCH 19, 2019

Relying on proactive rather than reactive analytics, and the ability to make specific actionable callouts from these data sets, will be key to navigating the ever-changing shipping landscape both now and in the future. Although very informative in their own right, retrospective analytics cannot undo the past. Enter proactive analytics.

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Enterra Insights

JULY 22, 2020

That’s why spending on supply chain advanced analytics is on the rise. Analysts from River Logic write, “The importance of supply chain analytics is demonstrated by predictions that the market will grow at a CAGR of 17.3% Cognitive technologies and predictive analytics. Business has always been a numbers game.

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Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 100

AIMMS

MAY 21, 2018

How can Prescriptive Analytics help? For example, we don’t know where the next tsunami or hurricane will hit. Let’s consider some examples. A supply chain network design technology that incorporates prescriptive analytics makes it easier to model the impact of these scenarios and create contingency plans.

Prescriptive Analytics Software 156

Prescriptive Analytics Software Agile and Lean Supply Chain Analytics Software Supply Chain Design Software 156

AIMMS

MAY 22, 2018

For example, we don’t know where the next tsunami or hurricane will hit. You should be able to model unforeseen disruptions, understand their impact, and use prescriptive analytics to put a plan in place that mitigates the negative impact on your bottom line. Let’s consider some examples.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Supply Chain Design Software Agile and Lean Supply Chain Analytics Software 216

ThroughPut

DECEMBER 22, 2023

In this article, we go a step further to show you why it might be time to empower plant managers with supply chain analytics. AI-Powered Supply Chain Analytics: A Key to Eliminate Bottlenecks in Manufacturing A common query for many is whether technology has the capability to foresee and eliminate bottlenecks in the manufacturing process.

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Resource Reduction Expense Reduction Cost Reduction Strategies Inventory Reduction 52

AIMMS

SEPTEMBER 10, 2018

There’s no doubt that the role of data, technology and analytics in retailer decision-making is growing, and that this trend will further heat up over the next few years. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

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Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 224

River Logic

OCTOBER 15, 2019

For example, why do L’Oreal and Apple consistently score notoriety over 29 other superior supply chain companies and more than 500 publicly-held ones?¹ We take a look at several reports on leading supply chain companies, specifically with the filter of advanced analytics, to highlight the answers.

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Analytics Gartner Supply Chain Planning Company 100

AIMMS

SEPTEMBER 10, 2018

There’s no doubt that the role of data, technology and analytics in retail decision-making is growing, and that this trend will further heat up over the next few years. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

Sourcing Strategies 206

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 206

Logility

MAY 10, 2018

At the Informs Business Analytics Conference in Las Vegas last year, I spoke about the potential to enable S&OP / IBP through advanced analytics. I firmly believe that one viable path to more automated and intelligent supply chain operations is through moving up the analytics maturity ladder.

Prescriptive Analytics Software 100

Prescriptive Analytics Software S&OP Analytics Software Predictive Analytics 100

Clear Spider

OCTOBER 26, 2022

An emphasis on data-sharing between vendors and customers increases visibility and makes data analytics more powerful. Examples of Vendor Managed Inventory Relationships. As a customer shares more data, the vendor’s data analytics reach new levels of sophistication. have been negotiated right from the outset.

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Vendor Strategies Inventory Reduction Examples Cost Reduction Strategies 52

AIMMS

FEBRUARY 9, 2017

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. According to Gartner’s Forecast Snapshot , the Prescriptive Analytics software market will reach $1.1

Prescriptive Analytics Software 120

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Optimization Software 120

GlobalTranz

JULY 26, 2016

Analytics has been a buzzword in recent years. Everyone seems to be clamoring to get on the big data and analytics train. To guarantee your business’s success in the modern supply chain, you need to understand a few things about analytics in distribution and manufacturing. How Are Analytics Evolving Within the Supply Chain?

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Analytics Software Predictive Analytics Analytics Distribution 120

EC Sourcing Group

JUNE 28, 2022

Tail spend examples include purchases that are often too small to go through procurement, such as basic office supplies or employee gifts. Read on to learn more about tail spend examples, what tail spend is, how to manage tail spend, and how to optimize tail spend using analytics. What Is Tail Spend? Identify Your Tail Spend.

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Optimal Sourcing Procurement Analytics Analytics Software Optimization Software 52

Supply Chain Shaman

APRIL 16, 2024

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. This week, I was at Informs Analytics Conference. For example, inflationary costs, lead time variability, conversion rates, etc.)

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Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

GlobalTranz

APRIL 18, 2017

Modern, cloud-based analytics systems within transportation management systems ( TMSs ) have redefined how you strive for continuous improvement. The goal of seeing your freight’s location 24/7/365 is well underway, and TMS analytics are providing insights beyond knowing the shipment’s location. Your business strategy will evolve.

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Continuous Improvement Analytics Software Analytics Vendor Strategies 138

AIMMS

SEPTEMBER 10, 2018

There’s no doubt that the role of data, technology and analytics in retail decision-making is growing, and that this trend will further heat up over the next few years. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

Sourcing Strategies 156

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 156

Supply Chain Matters

APRIL 18, 2022

The emphasis of this leadership model is noted as improving IT and advanced analytics capabilities in areas such as supply chain planning and customer fulfillment. The post Supply Chain Leadership Model Example in Retail Apparel Industry first appeared on The Ferrari Consulting and Research Group / Supply Chain Management.

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Modeling Apparel Modeling Software Supply Chain Planning Software 52

AIMMS

MAY 22, 2018

For example, we don’t know where the next tsunami or hurricane will hit. You should be able to model unforeseen disruptions, understand their impact, and use prescriptive analytics to put a plan in place that mitigates the negative impact on your bottom line. Let’s consider some examples.

Prescriptive Analytics Software 184

Prescriptive Analytics Software Supply Chain Design Software Agile and Lean Supply Chain Analytics Software 184