SCMDOJO

JUNE 6, 2023

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. How does data analytics help supply chain optimization? Let’s explore the roles which data analytics play in this process. Why is it crucial?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

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.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Enterra Insights

NOVEMBER 26, 2019

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball. ”[4].

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Procurement Analytics 100

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.

Predictive Analytics 100

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

Supply Chain Game Changer

MARCH 26, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory Management Best Practices article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Use ABC Analysis to Categorize Your Inventory. The use of ABC analysis to categorize inventory is not a new concept.

Inventory Management Software 124

Inventory Management Software Inventory Management Inventory Reduction Inventory 124

The Logistics of Logistics

APRIL 17, 2023

Ron is the Chief Revenue Officer at OneRail , an Orlando-based last mile transportation visibility solution providing shippers with Amazon-level dependability and speed. About Ron Richardson Ron Richardson is a highly experienced Chief Revenue Officer with a strong background in logistics and transportation.

Supply Chain Design Software 210

Supply Chain Design Software Analytics Software Predictive Analytics Software Supply Chain Network Software 210

Intelligent Audit

JANUARY 12, 2023

As retailers with overstock and “a range of measures of shipping demand across the U.S. This pattern has reduced capacity, making it more challenging for shippers to get the shipping capacity they need as they also deal with other challenges affecting the supply chain. Analytics and business intelligence can help. More accuracy.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Logistics Network Optimization Software 52

Silvon Software

MARCH 3, 2023

If you ship 80 products on time, and the customer agrees to receive the remaining goods later, will this be a 100% or 80% on-time delivery? If customers purchase five different items in the same order, should you transport all five goods on schedule to obtain a 100% OTD delivery? Delivery date. Quantity of goods in the order.

S&OP 101

S&OP Procurement Analytics Supply and Demand Analytics Software 101

ShipBob

DECEMBER 13, 2023

The success of any ecommerce business depends greatly on how it manages its inventory health. Now, for some, inventory health may not be an immediate concern. You might say, “I’ll just order plenty of inventory and wait until it sells out.” What is inventory health?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Clear Spider

MARCH 21, 2024

AI inventory solutions create more powerful and adaptive supply chains. One of the key drivers of supply chain resilience is the use of artificial intelligence and machine learning algorithms in inventory management. AI makes use of the endless stream of data collected through inventory management devices and cloud-based applications.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Optimization Software 52

Intelligent Audit

JULY 22, 2021

Many innovative advancements have occurred in the past few years within the transportation network , including a focus on last mile delivery costs and shipping rate management through analytics. With that in mind, shippers need to understand the value of using analytics to track and reduce costs in the last mile.

Analytics Software 59

Analytics Software Cost Reduction Strategies Optimal Sourcing Analytics 59

GlobalTranz

SEPTEMBER 13, 2018

The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce. This may include the use of artificial intelligence, machine learning, and predictive analytics to maximize value. Increased risk.

Price Reduction 181

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 181

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Logistics Viewpoints

JUNE 26, 2023

The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions. A 4PL is a company that plans and executes transportation on behalf of their customers. The final goal was to develop end-to-end visibility based on leveraging data analytics.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 208

Intelligent Audit

OCTOBER 27, 2022

One solution is to turn to big shipping data. Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. The Best Analytical Techniques Around Big Data in the Supply Chain. Inventory Predictions.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Intelligent Audit

JANUARY 10, 2023

During what is typically peak season in customer demand, what we’re seeing instead is reduced shipping demand and declining freight rates. The year 2022 saw the challenge of retailers having overstocked inventory created by inventory gluts from COVID demand changing. These three parcel shipping strategies can help.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Real-time Visibility 52

Intelligent Audit

MAY 27, 2021

Many businesses in the transportation and logistics industry use retail supply chain analytics to predict the future. Using these analytics can be incredibly helpful for even the most inexperienced practitioner. The Perfect Order Rate Retail supply chain analytics helps pinpoint exact numbers.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Planning Software Modeling 52

Intelligent Audit

MAY 27, 2021

Many businesses in the transportation and logistics industry use retail supply chain analytics to predict the future. Using these analytics can be incredibly helpful for even the most inexperienced practitioner. Retail supply chain analytics helps pinpoint exact numbers. The Perfect Order Rate. Cash-to-Cash Cycle Time.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Planning Software Modeling 52

GlobalTranz

MARCH 17, 2022

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. Here are the challenges we’re seeing across the industry, and what they mean for your supply chain and your shipping processes. Supply Chain Management and Maintaining Inventory.

Logistics Network Optimization Software 247

Logistics Network Optimization Software Supply Chain Planning Software Inventory Management Software Inventory Reduction 247

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

GlobalTranz

OCTOBER 6, 2021

OTR freight represents a long-standing aspect of supply chain operations and transportation management. M odern transportation networks and supply chains continuously adapt to market volatility and transitions.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

Savi

FEBRUARY 5, 2019

Supply Chain Challenges: Freight Volume Rising, Driver Shortage Growing The shipping industry plays a critical role in world economics. Its immense power stems from its ubiquity–in every sector, you will find shipping and a supply chain. Today’s driver shortage is helping to drive transportation costs higher.

Cost Reduction Strategies 56

Cost Reduction Strategies Analytics Software Supply Chain Planning Software Supply Chain Software 56

ToolsGroup

NOVEMBER 23, 2021

Much of the world is clamoring for finished products from their usual suppliers; but dwindling cargo space, skyrocketing transportation costs, and component delays make it difficult to keep shelves stocked. Use analytics to put your available inventory to the best use. Shipping providers also slashed capacities.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

GlobalTranz

SEPTEMBER 23, 2021

Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Intelligent Audit

FEBRUARY 5, 2021

And advanced analytics are the latest focal point for s upply chain optimization. After the peak-holiday season, there was also hope for a return to the usual shipping rates. The best way to gain this visibility is through advanced analytics and robust reporting. Added use cases for applied analytics to boost customer service.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 52

GlobalTranz

JULY 24, 2017

Last year, the 2016 State of Logistics Report alluded to rising shipping volume, partially responsible for decreased overhead costs, as a driving force behind declining overhead costs across all modes of shipping. Less-than-truckload (LTL) shipping has been amid a capacity crunch. Think about the benefits you want from your TMS.

Transportation Management 139

Transportation Management Optimization Software Analytics Software Supply Chain Design Software 139

GlobalTranz

APRIL 21, 2017

Unless your organization has been absent from the takeover of TMS in the conversations of online and print media, you have likely encountered plenty of reasons why a transportation management system (TMS) benefits shippers. Let’s take a closer look at how Transportation Management System ROI actively strengthens supply chains.

Transportation Management 161

Transportation Management Supply Chain Planning Software Analytics Software Vendor Strategies 161

Turvo

AUGUST 26, 2021

Understanding the capabilities of a transportation management system, or TMS, and its impact on the modern supply chain network requires a good understanding of these systems and what they entail. However, a vital question must still be asked- have the capabilities of a transportation management system today reached their maximum efficiency?

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Network Software Optimization Software Analytics Software 94

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?

Analytics Software 120

Analytics Software Predictive Analytics Analytics Distribution 120

Unleashed

MAY 25, 2023

Do you know your optimal inventory levels? Inventory planning enables you to order the right stock at the right time to meet demand and prevent overstocking. What is inventory planning? It is a key function of modern inventory management. Let’s take a quick look at some of the core benefits of inventory planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

GlobalTranz

MARCH 7, 2016

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? What About Supply Chain Entities That Have Time-Sensitive Products?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

Supply Chain Matters

JUNE 10, 2022

In our Supply Chain Matters commentaries focused on online customer fulfillment and especially the 2021 holiday fulfilment period, we cautioned retail and consumer goods supply chain management teams to be watchful for the bullwhip effect in inventory planning and replenishment needs to support expected customer demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Scenario Planning Supply Chain Planning 52

Intelligent Audit

JULY 27, 2021

Supply and demand are two sides of the same coin, the vital coin of inventory management supply chain analytics. Without adequate inventory and supply to go along with capacity and demand, supply chain management will struggle to keep pace during peak seasons.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Sourcing Strategies 52

GlobalTranz

NOVEMBER 20, 2018

As e-commerce growth accelerates, shippers are working overtime to manage available inventory. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices. That’s two entirely different things. This is where the major problem lies.

Inventory Management Software 121

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory 121

RFgen

MAY 10, 2023

The ability to control costs is critical for effective inventory management. Regaining control over your inventory can make your warehouse and shop floor more efficient. But how do you reduce inventory costs and maximize profit margins? Cutting Costs: Strategies for Reducing Inventory Costs 1. or higher.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Vendor Strategies 52

Intelligent Audit

JUNE 29, 2021

The COVID-19 pandemic drastically changed both the world and how companies conduct business, especially regarding how pharmacies are shipping pharmaceuticals. The business of shipping pharmaceuticals involves the transportation of high-value medication that requires the most accurate up-to-date data.

Pharmaceutical 52

Pharmaceutical Prescriptive Analytics Software Shipping Analytics Software 52

GlobalTranz

JULY 26, 2017

Through advanced transportation management systems ( TMSs ) and greater automation, shippers can reap an unparalleled competitive advantage. What happens when shippers simply forgo implementing shipping technology, and how can shape their future demise? Shippers Must Weigh In-House Versus Off-the-Shelf Shipping Technology Solutions.

Analytics Software 122

Analytics Software Supply Chain Design Software Demand Planning Software Logistics Network Optimization Software 122