4 Top Prescriptive Analytics Examples in Wood Products Manufacturing

River Logic

Optimization Manufacturing Capacity Planning Supply Chain Optimization wood products forest products

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.

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. Supply chain models are evolving.

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?

End to End Supply Chain Visibility - Solving The Data Problem

Retailers and manufacturers. analytics via a cloud-based application that. that has long plagued retailers, manufacturers and 3PLs-- leveraging a. 1DIGITAL TRANSFORMATION, END-TO-END VISIBILITY, AND. THE "DATA PROBLEM". Given the macroeconomic cl imate and the.

The 2016 State of Manufacturing Industry Trends: E-Commerce, Robotics, & Analytics

Cerasis

At the onset of 2016, we identified key trends to watch for in manufacturing, and as the year draws to a close, it’s time for an evaluation of our predictions to discover the state of manufacturing. The State of Manufacturing: eCommerce, Analytics, and Robotics. E-Commerce Grew More Important in Manufacturing. E-commerce was expected to become the dominant player for manufacturers in 2016 through the following: Increasing share of aftermarket parts sales.

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.

Warehouse Management Analytics!

Supply Chain Game Changer

The right application of warehouse management analytics can enable significant growth for companies, forced to focus on smaller package sizes, not the pallets and cases of the past. Why Do Analytics Overwhelm Supply Chain Leaders? Analytics can be complicated. Subscribe Here!

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.

Manufacturing Gains From Machine Learning

IQMS

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. New products are proliferating in manufacturing today, and delivery windows are tightening. Honeywell Connected Plant: Analytics and Beyond.

10 Ways Machine Learning Can Improve Manufacturing Today

IQMS

to $2T in supply-chain management and manufacturing. By 2021, 20% of leading manufacturers will rely on embedded intelligence, using AI, IoT, and blockchain applications to automate processes and increase execution times by up to 25% according to IDC. 7T value to manufacturers.

Four Common Challenges Facing The Manufacturing Industry In 2019

IQMS

The manufacturing industry continues to show strong resiliency, shaking off global trade uncertainty, finding ingenious workarounds to its labor crisis, while still innovating new products using design-to-manufacture workflows. Every direct manufacturing job creates an additional 2.5

Predictive and Prescriptive Analytics: Your Supply Chain Needs Both

River Logic

As manufacturing companies become increasingly complex and begin leveraging more data, the role of advanced analytics in business planning processes is slowly becoming a necessity. Prescriptive Analytics Advanced Analytics predictive analytics

These Top Manufacturing Technology Trends will Fuel a Focus on Customer Experience in 2018

Cerasis

Going back to the Industrial Internet of things (IIoT), the use of Internet-connected technology increases risk in manufacturing. billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing.

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Enabling S&OP through Advanced Analytics

Logility

At the Informs Business Analytics Conference in Las Vegas last year, I spoke about the potential to enable S&OP / IBP through advanced analytics. There should be no mystery to analytics. What analytical tools is your company using to help transform your supply chain?

Is Prescriptive Analytics really going to disrupt how Supply Chains evolve?

AIMMS

So this morning, I woke up early and over breakfast thought I’d challenge myself on the use of the term and explore if I can continue to use it with sincerity…I thought I’d role play a Chief Supply Chain Officer for a large global manufacturer: First thing.

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?

Manufacturing Needs Smart Machines To Grow

IQMS

ISA-95 addressed the rise of global production and distributed supply chains yet are still deficient on the issue of data and security, specifically the proliferation of IIoT sensors, which are the real security perimeter of any manufacturing business.

How manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. But that’s not the only shift in manufacturing.

4 Key Trends to Watch in Smart Manufacturing and Supply Chain

Cerasis

The advancements in 3D printing and 'Additive Manufacturing,' coupled with supply chain efficiencies, could make distributed manufacturing a reality, ushering in the era of smart manufacturing. The Continual Coverage and Now Reality of Smart Manufacturing with 3D Printing.

The 5 Benefits of Virtual Reality in Manufacturing

Cerasis

For manufacturers, virtual reality represents a major breakthrough in how products are created. Let’s take an in-depth look into the world of virtual reality, what’s holding it back, and why manufacturers are looking to virtual reality in manufacturing.

Top 10 Manufacturing Trends For 2019

IQMS

Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. to manufacturing value added in 2020.

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6 Manufacturing Trends to Watch Out for in 2016

Cerasis

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturing manufacturing trends

How manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. But that’s not the only shift in manufacturing.

Using Analytics to Manage Inventory

Silvon Software

It’s true that inventory management is a challenge for both manufacturers and distributors. Let’s take a look at two key areas for which analytics can be applied for maximum benefit: as they relate to inventory surplus and stock-outs. Intelligent Analytics

Never Ending Journey of a Private Label Manufacturer

Logility

Often, private label manufacturers can experience every stage of a customer relationship at any given time, placing tremendous stress on their supply chain operations. Some private label manufacturers leverage point-of-sale (POS) data provided by a customer.

Managing in Manufacturing:        E-commerce Series (Part 2)

C3 Solutions

Executives see AI, Cognitive Analytics and Cloud as the Path to Innovation and Speed to Market

JDA software

According to research, executives are investing in new cloud-based AI and cognitive analytics capabilities that will provide them with end-to-end visibility and traceability across their extended supply networks, starting them on the road to autonomous supply chains.

Walmart Sales Analytics – Inside the Insights

SupplyPike

Those new to retail metrics may not know what critical sales or metrics are or why they are so critical for Walmart sales analytics. Necessarily, these metrics inform every part of Walmart sales analytics- from the simple to the advanced. Sales Velocity and Walmart Sales Analytics.

5 Reasons Why The Use of the IIoT by Manufacturers Is Unavoidable

Cerasis

The Industrial Internet of Things ( IIoT ) has been a major topic among manufacturers and third-party logistics providers ( 3PLs ) for several years. The IIoT by Manufacturers Is Extremely Valuable.

From import tariffs to the next tsunami: how Prescriptive Analytics can help you build agility and resilience into your Supply Chain Network

AIMMS

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. What happens if one of my manufacturing plants goes down due to an unforeseen weather event?

Supply chain inventory optimization – Beyond the analytics

Kinaxis

by Alexa Cheater From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. The focus with Inventory optimization is often on analytics, but that’s just the beginning.

Using Data Analytics and Blockchain in Retail to Sift Through Needs Faster

Cerasis

Data analytics can be applied to virtually any supply chain process, and analytics hold great value in managing retail supply chains. Although data analytics help retailers make informed decisions, the potential of blockchain is worth considering as well.

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5 Reasons Why Manufacturers Who Focus on Customer Experience Will Win

Cerasis

Manufacturers have always struggled to know their customers. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. But, how do manufacturers turn their focus to the customer experience?

4 Infographics Showing How Technology Is Transforming Global Manufacturing & Supply Chain

Cerasis

This year looks like it's going to be one of the most innovative years for manufacturing technology. Purchasing and supply executives predict that the global manufacturing industry will continue to expand. and Chinese manufacturers. Predictive Data Analytics.

Manufacturing in the Age of Uncertainty

QAD

But what if every pizza shop in America all of a sudden asked a single pizza oven manufacturer to build and ship an extra oven per shop? How does a manufacturer organize operations to meet unexpected demand shifts without creating inefficiency for the rest of the year?

6 Recent Trends in Manufacturing Technology to Increase Agile Responsiveness, Continuous Improvement & Customization

Cerasis

A Quick Recap of Recent Trends in Manufacturing Technology to Think About 2017. Although apps and smart devices will make an impact in manufacturing technologies this year, a few other recent trends in manufacturing technology will dramatically redefine industry standards.