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Future-Proofing Transportation Spend in Supply Chains

Logistics Viewpoints

In the ever-evolving supply chain industry, transportation spend optimization – or TSO – has assumed greater significance. The need to blend operational efficiency with sustainability and fiscal prudence has organizations exploring innovative ways to help ‘future-proof’ transportation spending challenges.

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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. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Figure 1: Current State of a Global Manufacturer of White Goods. Invest in analytics to sense and translate demand.

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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. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Figure 1: Current State of a Global Manufacturer of White Goods. Invest in analytics to sense and translate demand.

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Top 5 Logistics Challenges and Solutions for the Manufacturing Industry

GlobalTranz

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. 5 Challenges Facing Supply Chain Managers in Manufacturing.

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How Data Analytics Can Solve the Challenges Faced by SC Leaders in Discrete Manufacturing

From consumer electronics to automotive manufacturing, most of the global economy’s largest industries rely on some form of discrete manufacturing. Manufacturers in these industries face several unique challenges: Labor and material shortages halting production. Lack of collaboration between supply chain stakeholders.

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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?

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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. This will grow to 37% by 2022.