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

Intelligent Audit

MARCH 29, 2022

Leading freight audit and payment analytics (FAP) provides a host of viable and applicable solutions and market insight, making it easier for shippers to overcome market issues and limited capacity. . Here are some critical steps to make freight audit and analytics more streamlined. Data-Driven Anomaly Detection.

Analytics Software 52

Analytics Software Analytics Optimal Sourcing Expense Reduction 52

Supply Chain Shaman

APRIL 18, 2023

Yes, we have achieved greater normalcy in transportation. For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. In the survey, 48% of companies were driving digital transformation, but the only element that improved performance was descriptive analytics. What is normalcy?

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Talking Logistics

DECEMBER 5, 2017

The advent of transportation management systems (TMS) in the 1990s introduced near-infinite metrics and data points into the supply chain yet brought with it more questions than answers: How do we centralize the data? The Fundamentals of Managed Analytics. How well is my transportation routing guide performance?

Prescriptive Analytics Software 105

Prescriptive Analytics Software Analytics Software Supply Chain Design Software Predictive Analytics 105

GlobalTranz

DECEMBER 15, 2016

Editor's Note: Today's blog is from our friend Derrick Rehn with FusionOps who shows us how big data analytics can benefit you in your supply chain. . As big data analytics offer a sizeable competitive advantage for many industries, the drive to deliver cutting edge innovation in data analytics is ever increasing.

Big Data 120

Big Data Analytics Software Analytics Cost Reduction Strategies 120

Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. Maturity in Analytics.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

Intelligent Audit

MAY 6, 2021

Transportation network optim ization is a leading goal for supply chains around the globe. technologies are creating new opportunities to digitalize the value chain and create sources of insight and opportunities to optimize networks in real-time.” However, the decision to implement analytics is only one part of the solution.

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

Intelligent Audit

OCTOBER 27, 2022

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. Or in some cases, there are so many data sources and raw data it can feel overwhelming, leading to inaction and not getting the most out of the data.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 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 207

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning 207

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

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Through machine learning and data analytics, companies can gain valuable insights from extensive datasets, supporting decision making. Supply chain data can be challenging to manage due to its unstructured or semi-structured nature and the need to integrate new data sources.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

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

Supply Chain Shaman

MARCH 27, 2023

As discussions full of oxymorons, acronyms, and juxtapositions fill the air, I think that it is time to step back, and rethink planning based on the opportunities that new forms of analytics and data give us. Current planning taxonomies do not plan across make, source, and deliver answers bi-directionally. I don’t think so.

Supply Chain Planning Software 308

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 308

Logistics Viewpoints

NOVEMBER 14, 2022

A multi-enterprise supply chain network platform provides network-based order fulfillment applications and/or advanced network-based supply chain risk analytics. Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network.

Agile and Lean Supply Chain 224

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 224

SCMDOJO

APRIL 9, 2024

With the advancement of transportation, like wheels and navigation techniques, transport to distant territories was completed over shorter periods. The Industrial Revolution gave rise to large-scale production and transportation efficiency, which led to the modern logistics landscape that we know today.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

Adexa

JULY 17, 2023

It allows organizations to track and monitor inventory levels, production status, transportation, and other crucial supply chain activities. Optimal resource utilization: Digital technologies enable organizations to optimize resource allocation, such as inventory, production capacity, and transportation.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

Intelligent Audit

MARCH 23, 2021

More than one source of data and analytics is needed to get the most precise possible picture of supply chain spending and operational costs. Monitoring expenses and shipping costs via their APIs helps streamline shipping analytics and sharing as those systems exchange data automatically. Use KPIs to Track Performance Over Time.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Cost Reduction Strategies 52

Intelligent Audit

DECEMBER 22, 2020

The key to better logistics is a streamlined system that utilizes business intelligence and processes that yield transportation optimization. Now, enterprises worldwide are turning the tables and looking for ways to enable continuous transportation optimization using a combination of technology and expert provided solutions.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Software 52

Supply Chain Network

APRIL 5, 2018

With maritime transport growing at an average rate of over 8.5 Shippers, carriers, freight forwarders and third party logistic firms are currently spending millions of dollars in resources on ‘estimating’ important metrics such as container Estimated Time of Arrival (ETAs).

Predictive Analytics 79

Predictive Analytics Predictive Analytics Software Analytics Software Big Data 79

GlobalTranz

JANUARY 30, 2015

As data in transportation becomes more abundant and readily available, the question of “ What data is available ?” It is important to know who is providing the source data used to develop your KPIs. In order to be truly accurate long term, the source data should be available for you or your provider to directly scrutinize.

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

Supply Chain Shaman

FEBRUARY 27, 2020

How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. This week, I received this email from a financial institution questioning why business leaders are not harnessing more insights and redesigning processes based on analytics. S&OP Challenges. Reflection.

Analytics Software 238

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 238

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Payable terms grew, and the focus on efficient procurement and functional metrics reduced the development of strong relationships across the value chain. Focus on Cost. What to do?

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Payable terms grew, and the focus on efficient procurement and functional metrics reduced the development of strong relationships across the value chain. Focus on Cost. What to do?

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

The Logistics & Supply Chain Management Society

MAY 28, 2022

Key to this is the ability to create a more resilient supply chain through expansion and diversification of supplier base; employee training and development; stronger, more transparent key supplier relationships; carrier base expansion and diversification and increasing local sourcing and manufacturing. Utilise powerful software solutions.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Supply Chain Shaman

MARCH 5, 2019

While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. What most companies want is a system with prescriptive analytics to tell them when a shipment is expected to be late and what action to take. Visibility. Gaps in Enterprise Visibility. 2) Latency.

Supply Chain Design Software 282

Supply Chain Design Software Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software 282

3rdwave

NOVEMBER 8, 2018

In today’s turbulent trading environment, strong global transportation management capabilities deliver exceptional benefits and value. Massive shifts in supply chains are underway because of trade turmoil increasing the complexity in global supply chain management and related transportation management.

Supply Chain Design Software 79

Supply Chain Design Software Global Transportation Supply Chain Planning Software Optimization Software 79

OptiProERP

APRIL 9, 2024

Efficient logistics management is crucial to coordinate transportation, track shipments, and manage delivery schedules. Use dashboard reporting and analytics tools to track performance metrics in real-time and identify areas for improvement.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Locus

JULY 24, 2023

Supply chain management involves the transportation of freight between locations, and load matching is a small but critical aspect that drives supply chain efficiency. Load matching can be understood as the pairing of freight with the most suitable transportation carriers. This ensures efficient and safe transportation.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Logistics Network Optimization Software 52

Supply Chain View from the Field

MAY 31, 2013

I’ve been leading a few calls for the International Institute of Analytics, as a faculty lead for the manufacturing group. We are preparing for the Chief Analytics Officer meeting coming up in Chicago in June. One of the issues that comes up is where the analytics function should reside – in IT or in the business function?

Analytics Software 74

Analytics Software Supply Chain Design Software Supply Chain Planning Software Analytics 74

crisp

DECEMBER 15, 2021

One of the big catalysts for change right now is the acceleration of data and analytics in supply chain management. A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. These ‘ driver metrics ’ can give you an early signal to act on before your outcome is impacted.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Enterra Insights

MAY 31, 2022

We live in a digital age in which, according to Yossi Sheffi ( @YossiSheffi ), Director of the MIT Center for Transportation & Logistics, big data is an organization’s most valuable asset. The winning companies are those that correctly identify the problem to solve — the performance metric to improve. ”[3]. ”[8].

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Logility

OCTOBER 7, 2021

Digital twins can integrate a variety of data sources, including the Internet of Things (Industry 4.0), artificial intelligence (AI) and advanced analytics. Once life sciences companies have digitized their physical world, they can focus on taking advantage of new data streams that are powering analytics and cognitive technologies.

Supply Chain Design Software 130

Supply Chain Design Software Optimal Sourcing Pharmaceutical Supply Chain Optimization 130

Requis

OCTOBER 30, 2020

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

ThroughPut

FEBRUARY 23, 2024

Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. Embracing AI for supplier management within the supply chain translates to: Optimizing your sourcing decisions through critical data insights. The solution?

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Supply Chain Shaman

SEPTEMBER 17, 2014

There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. The use of channel data into advanced analytics to sense demand. Aligned Metrics. However, it requires the use of retail data and the redesign of analytics to sense, shape and translate demand.

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 301

USC Consulting Group

APRIL 9, 2021

By collecting, sorting, and analyzing large amounts of data from various sources all at once, data mining helps companies discover valuable patterns and trends in their business operations. Data mining plays a fundamental role in business intelligence platforms and will continue to drive the future of data analytics as a whole.

Supply Chain Planning Software 52

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

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. While transportation is vital to the success of a supply chain, its use may not be optimal. When shipping large quantities of goods on slow forms of transportation, a company may disappoint its customers and lose business.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104