Supply Chain Shaman

AUGUST 16, 2015

The goal is deeper analytics to sense and respond across make, source and deliver. GT Nexus is one of the strongest providers of transportation visibility for the global ecosystem. 2) Advanced Analytics. Most of the analytics today in B2b networks are descriptive and operate with latency of days and hours.

Prescriptive Analytics Software 150

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Supply Chain Matters

JUNE 30, 2022

In this Supply Chain Matters commentary, Executive Editor Bob Ferrari pens highlights of the 2022 Crossroads Event recently conducted by the MIT Center for Transportation and Logistics. This Editor had the opportunity to attend the MIT Center for Transportation & Logistics ( CTL ) 2022 Crossroads Event. Background.

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DynaSys

FEBRUARY 3, 2021

Understand their sources of income. Some examples may be rules restricting availability of transport stock and routes, laws limiting workforce liberties or effectiveness, short-term working capital guidelines, etc. Some may be caused or exacerbated by pandemic relapses. Supplier, customer insolvencies or difficulties.

Modeling 97

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Oracle SCM

JULY 12, 2017

As if the largest economic crisis since the Great Depression wasn’t enough of a challenge to the supply chain industry, the introduction of the smartphone and advanced analytics into the marketplace disrupted the industry further by providing an exponentially growing consumer base and easy access to goods and information.

Inventory Reduction 163

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The Logistics & Supply Chain Management Society

JANUARY 3, 2023

2022 Realities vs 2023 Predictions. As it takes time for shipping to reset back to ordinary capacity levels and flows, this change impacts rates, and can also influence other supply chain decisions where transportation rates and on-time performance play a major role. by John Lash , Group Vice President, Product Marketing, E2open.

Predictive Analytics Software 130

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Shipsy

MAY 28, 2021

The outbreak has also made it clear that digitization of the last-mile processes and the overall logistics and transportation system will be the key to shape the future of e-commerce, manufacturing, food & grocery, courier & express delivery, and other industries. Cost reduction using analytics and forecasting.

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ThroughPut

JANUARY 2, 2024

JIT ensures materials are transported to the exact location at the precise time they are needed, enhancing efficiency by reducing the need to store materials before use. Invest in advanced forecasting tools and techniques to predict demand more accurately. What are the Principles of Just-In-Time (JIT) Inventory Management?

Inventory Reduction 52

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Zipline Logistics

FEBRUARY 9, 2021

As the business world further integrates advanced tech in the automated realm, logistics data will only become more important to CPG brands aiming to improve their transportation performance while reducing costs. It is critical to leverage transportation analytics to get the most out of your operation. Learn More.

Optimal Sourcing 52

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GlobalTranz

JANUARY 10, 2017

Consequently, all processes, including inventory management, logistics, data analytics and ongoing performance management, as reiterated by the staff of Supply Chain 24/7, improvement, can be optimized, creating a more efficient, direct and intelligent supply chain network. billion by 2018 to grow these relationships.

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Unleashed

FEBRUARY 1, 2023

Demand planning is the process of predicting what customer demand will be for a certain product. The demand planning process can be extremely complex as it requires the analysis of numerous factors, including historic and current datasets and internal analytics. What is demand planning? The demand forecasts can then be refined.

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AFFLINK

FEBRUARY 10, 2016

Transportation Management Systems (TMS). Transportation Management Systems help businesses plan and implement the best way to get their goods – whether raw materials or finished products – from one place to another with the greatest efficiency and lowest cost. Strategic Sourcing Optimization Software. Machine Learning.

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Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 261

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GTG Technology Group

FEBRUARY 15, 2017

Four Reasons Commercial Trucking Needs Reliable Analytics. Transportation management systems (TMSs) have reshaped the commercial trucking industry in recent years. One of the most incredible ways big data from transportation management systems has improved the commercial trucking industry is with trucking accident prevention.

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Logistics Viewpoints

FEBRUARY 28, 2022

As an E2open forecasting benchmarking report pointed out, “for companies trying to predict demand in March of 2020 as the world was descending into lockdown and everything was being turned upside down, what happened in March of 2019 had little to no relevance.”. So, a plan can be produced that predicts the emissions.

Optimal Sourcing 282

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FLEXE

MARCH 28, 2017

Because of this, a simple activity like mapping and visualizing supply chain flows can often spark critical questions such as, “Why are materials sourced from Region A, produced in Region B, then air-shipped as finished product back to Region A?” Citations: 1: LLamasoft 2015 and 2016 Benefit Benchmarking Study.

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The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels. Source: Sea-Intelligence Source: Sea-Intelligence The number of blank sailings are at the lowest we have seen since the pandemic started.

Rail Software 244

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Logility

DECEMBER 15, 2023

The key to creating an effective market-driven demand plan is access to rich forecasts based on inputs from multiple sources. Excellence in all these areas requires predicting demand, buying supplies, producing products promptly, and swiftly responding to market demand.

Optimal Sourcing 175

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Intelligent Audit

AUGUST 3, 2021

The importance of analytics within the modern supply chain network has never been more apparent or critical than today’s market. The lack of end-to-end visibility and applicable metrics has made it difficult for parcel carrier s and shippers to envision the value of data and analytics within their network systems.

Analytics Software 52

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Precoro

MAY 19, 2023

By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time. Shipment damages can be caused by unpredictable circumstances, but also by insufficient packaging, problematic transportation procedures, and careless delivery partners. Give it a try with a 14-day free trial.

Procurement Analytics 98

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Supply Chain Matters

MAY 18, 2022

Business process intelligence technology Signavio , acquired by SAP in January 2021 was described as the catalyst technology behind the RISE program, helping customers to benchmark existing processes, discover process inefficiencies and identify opportunities to transform to a more modular and agile business landscape.

SAP 52

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FLEXE

MARCH 29, 2017

Because of this, a simple activity like mapping and visualizing supply chain flows can often spark critical questions such as, “Why are materials sourced from Region A, produced in Region B, then air-shipped as a finished product back to Region A?”

Supply Chain Design Software 31

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NC State SCRC

MARCH 9, 2016

As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka. I had the opportunity to also witness the evolution of the field now known as “supply chain management” over the past 25 years.

Optimal Sourcing 40

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Logility

SEPTEMBER 16, 2022

And by debilitating, I mean an enormous analytical time sink — think months. A good logistics model is designed to predict the future. Do some statistical sniff tests, you will probably be very disappointed in the value of this data in predicting your future spend on a lane-by-lane basis. Why do we build logistics models?

Modeling 130

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RFgen

FEBRUARY 29, 2024

Meanwhile, incorporating automation, digital monitoring, and data analytics assist in optimizing production. Harnesses Data for Decision-Making Pfizer uses sophisticated data analytics to streamline its operations and enhance decision-making processes. This is how Pfizer predicts potential shortages before they happen.

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Intelligent Audit

OCTOBER 26, 2021

Unfortunately, SKU proliferation, the growing complexity of transportation service providers, the globalization of e-commerce, and increased delivery expectations make that goal more difficult to attain. Even challenges in a singular mode, such as ocean, can have a compounding effect on other modes, including OTR transportation.

Prescriptive Analytics Software 52

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Supply Chain Management and Analytics

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 52

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ThroughPut

JUNE 24, 2022

At the same time, global spending on IIoT Platforms is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. These AI systems with intelligent algorithms can also predict and discover new consumer habits and forecast seasonal demand.

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The Logistics of Logistics

OCTOBER 6, 2023

John is the Co-founder and COO of ISO , the only neutral platform that provides shippers, brokers and carriers with the ability to measure the total cost of transportation procurement. ISO provides a neutral, single source of truth for logistics performance, eliminating siloed systems and human analysis.

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Enterra Insights

JUNE 17, 2020

”[5] Hayes suggests SCM involves five different areas: The plan or strategy; the source (of raw materials or services); manufacturing (focused on productivity and efficiency); delivery and logistics; and, the return system (for defective or unwanted products). Technologies like blockchain, data analytics, cloud computing, etc.

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Supply Chain Shaman

SEPTEMBER 13, 2016

The change in front of us will transform the base-level definitions of source, make and deliver. Seven Predictions for Supply Chain 2030. It is hard to predict the future; and when you do, you know that you will be wrong, but please lean in with me and Imagine Supply Chain 2030. Here are my seven predictions.

Supply Chain Planning Software 195

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The Logistics of Logistics

APRIL 30, 2018

By just registering into a logistics network through an app, ANYONE can become a valid, authentic transporter. You can get to pick and choose your transporter through the app. You can assess the transporter’s performance in real time and also immediately act in case of a disruption. Inability to place customer ?rst

Logistics Network Optimization Software 100

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Freightos

JULY 23, 2015

It’s no coincidence that Transport Intelligence just emailed me an invitation to The Future of Logistics conference. An information Service providing ocean freight rates and transit times, useful for benchmarking by shippers and freight forwarders. Drone transportation for short deliveries, including last mile.

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Intelligent Audit

NOVEMBER 5, 2021

According to Transport Dive , “Morgan Stanley said in an Oct. ” When the market is stable and there is minimal volatility to worry about, shipping GRIs would only take place at scheduled intervals to deal with predictable cost increases and added fees related to cost of living similar increases. Benchmarking Capabilities.

Expense Reduction 52

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6 River Systems

JUNE 29, 2020

Finally, leaders reduce disruption by building buffers throughout the supply network and invest in advanced analytics to improve planning and forecasting accuracy.” “Some companies are starting to invest in creating data-backed profiles of their supplier base so they know where and when to look for second sources.

Supply Chain Planning Software 116

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6 River Systems

DECEMBER 11, 2018

“Users can easily now look at your global or regional supply situation and quickly source alternates when required, but the key here is to practice your response. The need to predict demand is fairly obvious. It drives most supply chain planning activities. Well, it could boost your bottom line and shorten lead-time.

Inventory Reduction 75

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