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Big Data, Analytics, and Industry 4.0

Enterra Insights

Despite years of discussion about the fourth industrial revolution (aka Industry 4.0), the revolution remains in its infancy. They write, “Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s.”[1] ”[3] In the Industry 4.0

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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. Manage Make, Source, and Deliver Together. Fourteen of twenty-eight industries have rising inventories. In contrast, the balance of the industries lacks supply. Supply is greater than demand. What to do?

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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. Manage Make, Source, and Deliver Together. Fourteen of twenty-eight industries have rising inventories. In contrast, the balance of the industries lacks supply. Supply is greater than demand. What to do?

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Why Digitalizing Sourcing is a Must for Supply Chain Resilience

Logistics Viewpoints

The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g., Traditional sourcing practices tend to be highly manual and are fraught with latencies and inefficiencies. Digitalizing sourcing (i.e.,

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Agile Strategic Sourcing for a Resilient Supply Chain

The Logistics & Supply Chain Management Society

As a result, organisations have had to rely on a larger number of suppliers and third-party logistics to meet this demand. Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market.

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Navigating the Future: How Advanced Supply Chain Analytics is Transforming the Industry

ThroughPut

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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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?