article thumbnail

Predictive Analytics and Future Supply Chains

Enterra Insights

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.

article thumbnail

REPOST: The True Cost of OTIF Failure with Andrew Lynch

The Logistics of Logistics

Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of?third-party?logistics. third-party?logistics. About Zipline Logistics.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

In our recent survey on analytics, today 74% of companies are attempting to improve supply chain visibility (as shown in Figure 1). The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Survey existing suppliers, third-party logistics providers and customers.

article thumbnail

Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Resist the temptation to place deeper analytics on top of existing data models. Out of desperation, they turned to the use of descriptive analytics. The Emergence of Logistics as Constraint. Initially, the output was published to procurement to design strategic buying strategies. Baseline demand reflects market potential.)

article thumbnail

The True Cost of OTIF Failure with Andrew Lynch

The Logistics of Logistics

Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of?third-party?logistics. third-party?logistics. About Zipline Logistics.

article thumbnail

Profitably Delivering eCommerce with Consumer-Centric Priorities

Logistics Viewpoints

Extended offerings around value-added services, co-packing, co-manufacturing and even 3D printing will continue to deliver options that allow agility and scale in supply chain operations, with third-party logistics providers coordinating much of this capacity as they morph into super-grid logistics services providers.

article thumbnail

DFB Tech Stack: Invoice Reconciliation

Parade

For freight brokers and third-party logistics providers, efficiency is king. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. Challenges with current solutions: Outsourcing accounts payable to a third-party provider.