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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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Ten Supply Chain Predictions for 2023

NC State SCRC

As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. These predictions are perhaps not completely original – but they represent what I think will be important guidelines for supply chain executives to consider.

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The Annual State of U.S.Logistics Report- Even More Candidness and Reality

Supply Chain Matters

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

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Top 5 Factors that Impacted Commodities in 2022

Resilinc

Launched in 2020, CommodityWatch AI uses real-time news and event monitoring and predictive analytics to forecast supply, demand, and pricing trends out to three months for commodities including but not limited: gold, silver, aluminum, copper, caustic soda, cobalt, helium, paper, and tin.

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The 2016 Top 25 Supply Chains – Three Bold Predictions

Kinaxis

by CJ Wehlage Two years ago, I made some very bold predictions on the 2014 Top 25 Supply Chains, and about 80% of them were true. Last year, I made the not-so bold predictions, as the Gartner 2015 Top 25 Supply Chain rankings were pretty much unchanged. Which leads me to my first Bold Prediction…. P&G = Control Tower.

Gartner 100
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Supply Chains in Recovery Mode: Forcing C-Level Focus on Digitally Transforming Their Supply Chains for 2022 and Beyond

BlueYonder

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. As we adhered to shelter-in-place orders from the CDC (Centers for Disease Control), each of us were purchasing more products and services online at a faster adoption rate than ever before.

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The Hidden Costs of Ghost Inventory: What You Need to Know

ShipBob

And two days ago a few units were reported stolen. Ultimately, it results in struggles with business spending, purchasing, and productivity. Customer dissatisfaction Imagine that your customers see the product in stock, but upon checkout or after purchase are told that it’s not available. What is ghost inventory?