ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

ThroughPut

DECEMBER 6, 2023

Thanks to the more advanced forms of supply chain analytics like predictive analytics, supply chains are proactively looking into the future and prepping for “what is to come” rather than only ruminating over “what already happened.” What Is Predictive Analytics for Supply Chain?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Generative AI can use models with billions or even trillions of parameters trained on massive datasets (think the size of the internet), enabling it to produce increasingly complex outputs such as speech, text, and videos. It can then generate new content using prompts that resemble the original training data.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

RFgen

MAY 16, 2023

The role of data analytics in optimizing inventory management processes has become increasingly important. Analytics help organizations make smarter decisions, reduce costs, and improve customer satisfaction. But your analytics is only as good as the underlying data. That’s why most inventory handlers leverage data.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

AIMMS

SEPTEMBER 10, 2018

There’s no doubt that the role of data, technology and analytics in retailer decision-making is growing, and that this trend will further heat up over the next few years. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

Sourcing Strategies 224

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 224

AIMMS

SEPTEMBER 10, 2018

There’s no doubt that the role of data, technology and analytics in retail decision-making is growing, and that this trend will further heat up over the next few years. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

Sourcing Strategies 206

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 206

Supply Chain Shaman

MARCH 20, 2016

The new world of supply chain analytics is my current research project. There is a great need for improved supply chain analytics. The first generation of supply chain analytics were an extension of solutions with three letter acronymns–ERP, CRM, SRM, SCE, and APS. Evolution of Supply Chain Analytics Architectures.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Analytics Software Analytics Supply Chain Planning Software 150

EC Sourcing Group

JULY 13, 2021

How to Optimize Your Procurement Sourcing Systems. Finding the right tools and measures to optimize your procurement sourcing systems is a must. While optimization does rely heavily on procurement sourcing software , there are other ways to optimize the procurement management process. Expand your networks.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Network Software 52

AIMMS

SEPTEMBER 10, 2018

There’s no doubt that the role of data, technology and analytics in retail decision-making is growing, and that this trend will further heat up over the next few years. online grocer who serves the East Coast and Mid-West, to hear about how he views the role of analytics and technology in driving supply chain innovation at his company.

Sourcing Strategies 156

Sourcing Strategies Prescriptive Analytics Software Analytics Software Supply Chain Software 156

DynaSys

OCTOBER 7, 2021

Are you interested in Advanced Analytics for your Supply Chain? Data analytics is widely explained in three approaches and also have helped thousands of companies in all industries gain visibility across the supply chain, collaborate with partners, and better understand risks and opportunities. Sourcing and supplier performance.

Analytics Software 52

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

Logistics Viewpoints

OCTOBER 10, 2022

Risk management solutions scrape data from hundreds of thousands of online & social-media sites, but Autoliv also has access to sources of information that they pay for. They wanted these diverse sources of information pulled together in one central, user-friendly location they call their “garage.” Soon we will do more training.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

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

Supply Chain Shaman

SEPTEMBER 30, 2022

The term is a spin-off of the “Big Data” work from the open source innovation of the last decade. This is even though the penguins are starving and the only food source is in the water. The most successful investments with the highest satisfaction are manufacturing automation and descriptive analytics/data visualization.

Manufacturing Procurement 219

Manufacturing Procurement Supply Chain Software Buyer Training Analytics Software 219

ModusLink Corporation

APRIL 22, 2024

Electronics components require specific training, facilities, and equipment due to their delicate nature and sensitivity to environmental factors. Skilled workforce trained in the latest assembly techniques and quality standards. Continuous improvement initiatives driven by data analytics and feedback mechanisms.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

Procurement Academy

JANUARY 25, 2021

Employees who are well informed and have access to training materials are typically happier and perform better when required. It provides role-based training to the retail organization’s workforce and helps them to broaden their knowledge. Their skills and knowledge are an important concern. I n Conclusion.

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Training 52

Logistics Viewpoints

AUGUST 16, 2022

As technology improved, the data and insights I collected from daily training optimized my performance. The more I analyzed and integrated this data into my training regimen, the better I began to understand how sensitive each individual aspect of my lifestyle was and how information delivered key indications of my fitness.

Optimal Sourcing 163

Optimal Sourcing Company Price Mitigation Strategies Logistics Network Optimization Software 163

GlobalTranz

JANUARY 17, 2017

So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing. While this might seem minimal, it actually implies accuracy and training will be much more efficient.

Manufacturing Procurement 120

Manufacturing Procurement Predictive Analytics Procurement Analytics Predictive Analytics Software 120

Supply Chain Shaman

APRIL 18, 2023

In the survey, 48% of companies were driving digital transformation, but the only element that improved performance was descriptive analytics. Train teams to model variability and build a planning master data layer to understand layers of variability. (A Build in-market sourcing. The answer is not digital transformation.

Supply Chain Planning Software 391

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 391

Supply Chain Shaman

SEPTEMBER 13, 2023

Each of these tests took 3-4 months to analyze the data, train the teams, and test market factors. Go to the source. This is despite the deployment of ERP, descriptive analytics, APS, SRM, and teams of data scientists working on their data lakes. It is hard to change an industry. Test, refine, and then drive improvements.

Supply and Demand 389

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 389

Supply Chain Shaman

FEBRUARY 16, 2024

The translation of ripple effects of short supply, pricing, quality issues, and freight shifts affects how to source, make, and deliver processes should align. Sadly I observed that as the training and knowledge sharing over the last two decades became more available, it was also less valuable as the supply chain became more mainstream.

Supply Chain Planning Software 391

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 391

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

Supply Chain View from the Field

DECEMBER 16, 2013

I visited the BVL Kongress in Berlin, and also attended the International Institute for Analytics ”Chief Analytics Officer” meeting last summer. We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

The Logistics & Supply Chain Management Society

DECEMBER 8, 2021

Talent gaps in logistics and supply chain, continues to be a top challenge and a source of high risk for many companies. Understanding the talent gap is crucial for businesses and job seekers. • At a business level – understanding the gap helps businesses identify training, retaining and hiring requirements.

Supply Chain Planning Software 246

Supply Chain Planning Software Gartner Agile and Lean Supply Chain Buyer Training 246

AIMMS

JANUARY 24, 2019

We spoke with Deblin Chakraborty , Senior Manager at Tata Steel’s Analytics & Insight team, to hear more about this initiative. . I work for the analytics department within Tata Steel. I belong to this second division and work mostly on mathematical modeling, simulation and supply chain analytics. .

Optimal Sourcing 291

Optimal Sourcing Optimization Software Supply Chain Software Supply Chain Planning Software 291

ivalua

JUNE 6, 2022

Every year, the International Association for Data Quality Governance and Analytics (or IADQGA) runs their Data Quality and Governance study. Despite how critically important data is, most of us have not been formally trained to use it. This lack of training can be seen in common sourcing activities.

Optimal Sourcing 130

Optimal Sourcing Procurement Data Pharmaceutical 130

Logility

APRIL 23, 2020

So, the promise of using statistical algorithms, forecasting and predictive analytics is now added to the list of a company’s number one priorities. Answering the questions that the business has may require gathering additional data, purchasing data from third parties, or reformatting existing data sources. One may ask, “What’s next?”

Forecasting 148

Forecasting Forecasting Software How To Procurement Analytics 148

Enterra Insights

JANUARY 18, 2024

When done right, there are endless possibilities to garner knowledge by training the brain on how to distill problems into their essence and think with clarity in order to find the best solutions.”[4] By leveraging predictive analytics, businesses can reduce costs, improve operational efficiency and enhance overall decision-making.”[5]

Trends 264

Trends Predictive Analytics Software Modeling Software Optimization Software 264

Supply Chain Shaman

SEPTEMBER 1, 2019

The major gaps are finding employees with the right skills, training on next-generation processes and the lack of executive understanding of supply chain processes. The greatest gap in sourcing talent is in deep analytic skills. These themes are not new. The answers are more complex. Employee Challenges. These are tough to find.

Supply Chain Software 234

Supply Chain Software Supply Chain Design Software Analytics Software Buyer Training 234

Logistics Viewpoints

JANUARY 18, 2022

We witnessed a surge in mobile wellness applications, online personal training, meditation, and yoga workshops more accessible to everyone around the globe. As many retailers will look into sourcing products locally, re-evaluating their supply and logistics networks for optimizing their supply chains will be more critical than ever.

Supply Chain Planning Software 255

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 255

Logistics Viewpoints

MAY 25, 2023

The first use case is MIT professor Yossi Sheffi’s idea for using generative AI to monitor all possible sources of risk for a given supplier to mitigate any disruptions. Models trained on human data reflect us, both our pride and our prejudice. These perils are well addressed elsewhere , but I’ll summarize my four biggest concerns.

Supply Chain Planning Software 234

Supply Chain Planning Software Supply Chain Software Negotiating Skills Predictive Analytics Software 234

Supply Chain Game Changer

FEBRUARY 11, 2021

How much time will it take to train? “Teacher” or “Training set” data are used to establish a general rule that maps inputs to outputs. The aim of these analytical models is to provide Procurement teams with reliable, repeatable decisions and learn from historical relationships and trends in the data.

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

GlobalTranz

OCTOBER 26, 2018

This goes back to creating a culture of acceptance of digital technologies , new standard thinking, and the use of analytics and innovative technologies, such as augmented reality and robotics, within the supply chain. Millennials have an advantage over previous generations; they are “digital natives,” asserts John Simpson of Source Today.

Supply Chain Software 136

Supply Chain Software Supply Chain Analytics Software Supply and Demand 136

Supply Chain Shaman

MARCH 16, 2021

A member of my team is a member of global sourcing. The person looks at alternative sourcing over ten years. In the past, sourcing was a manual activity. The second entailed the user interface and training. We were dealing with a legacy of fragmented data sources, all different regarding data types used (e.g.,

Manufacturing Procurement 201

Manufacturing Procurement Modeling Optimal Sourcing Supply Chain Planning Software 201

Logistics Viewpoints

OCTOBER 3, 2022

Everstream Analytics has proven that with the combination of vast amounts of data, graph databases, and artificial intelligence, they can do the very difficult job of identifying these n-tier suppliers with much less effort and better reliability. They are like an athlete doing the hard training necessary to help them excel.

Agile and Lean Supply Chain 287

Agile and Lean Supply Chain Supply Chain Software Supply Chain Strategy Supply Chain 287

Logistics Viewpoints

OCTOBER 21, 2021

Decisions such as what should be the order minimums and multiples, what should be the replenishment frequency to my downstream locations, what should be the splits between different sources available, and how they should be prioritized, are all the types of policies that need increasingly frequent revision.

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Modeling 190

Supply Chain Shaman

JUNE 9, 2023

Companies need a planning solution to analyze the trade-offs between make, source, and deliver. I have now trained Kinaxis, o9, and OMP teams on the concepts of outside-in planning, but I question the future. With the rise of logistics and procurement constraints, an analysis of only manufacturing does not yield a feasible plan.

Optimal Sourcing 314

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 314

GlobalTranz

SEPTEMBER 23, 2021

The forthcoming infrastructure bill may contain funds to help assist shipper needs, such as grants to increase the number of driver training facilities and kickbacks to carriers that implement added safety measures. Legislation may also affect change in the industry.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308