Intelligent Audit

OCTOBER 27, 2022

In 2008, Dr. Raymond Panko published a paper detailing examples of human error in data entry. When manually entering data into a spreadsheet, the probability of human error was 18-40%. One solution is to turn to big shipping data. What is Big Data in Logistics & Supply Chain Management?

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Freightos

MARCH 23, 2016

And, like many other logistics startups , we’re particularly enthusiastic about how Big Data can change the way goods are moved around the world. Getting Smart With Logistics Big Data. Data Visualization Example #1: Mobile Mastery. Data Visualization Example #2: Seeing is Believing.

Big Data 120

Big Data Logistics Network Optimization Software Data Predictive Analytics Software 120

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

Enterra Insights

FEBRUARY 4, 2019

Big data seems like old news; but, it becomes more important every second of every day as humongous amounts of data are generated. ” Considering what big data can do for businesses, data is indeed a gift that keeps on giving. The value of data and the value of people. Big data analytics.

Big Data 100

Big Data Data Analytics Software Forecasting Software 100

Talking Logistics

JULY 6, 2016

It’s not only about having Big Data and analyzing it; it’s about making sure you take the output of Big Data and analytics to make better decisions with it,” said Mr. van Egmond in a video interview I conducted with him at the event.

Big Data 102

Big Data Data Supply Chain Planning Software Analytics Software 102

Unleashed

FEBRUARY 20, 2020

In this article, we explore what big data is and its benefits for small businesses, from tracking sales trends to keeping an eye on competitors. What is big data? Big data in the context of small businesses is simply information about people, businesses and the market which can help inform a company’s decisions.

Big Data 80

Big Data Data Inventory Management Software Supply Chain Software 80

Jaggaer

MARCH 30, 2020

“Big Data” is everywhere. The value of quality data has never been higher, and the power to process that data is more readily available than ever. To better understand the impact of big data analytics on procurement, we turned to industry veteran Walter Charles, CPO at Allergan, who sees big data as a major disruptor.

Big Data 99

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 99

Talking Logistics

AUGUST 7, 2014

So you’re a shipper intrigued by Big Data tools and technology to improve transportation management initiatives. Should you implement a technology solution from a third-party logistics provider (3PL) or is it more effective to select a pure-play TMS provider to leverage your data?

Supply Chain Planning Software 164

Supply Chain Planning Software Big Data Optimization Software Analytics Software 164

GlobalTranz

NOVEMBER 16, 2016

The amount of information and improvement possible through big data can be overwhelming. Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. How to Get Started with Your Big Data Strategy. . This is where the explanation of big data begins. .

Resource Reduction 120

Resource Reduction Cost Reduction Strategies Big Data Supply Chain Planning Software 120

GlobalTranz

NOVEMBER 18, 2016

Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. However, the current progression of big data does give rise to some very tangible benefits to your company within the next five years.

Big Data 120

Big Data Material Savings Supply Chain Planning Software Data 120

Supply Chain Trend

MAY 14, 2017

Big data has been one of the concepts to dominate the supply-chain scene for a while. There is no denying that we’re getting more connected, we consume more and more data, and we produce exponentially more data, but like any concept, big data is not a holy grail for every supply chain. INDUSTRY SPECIFICS.

Big Data 68

Big Data Data Forecasting Manufacturing Procurement 68

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. Ask Traditional Questions, and Let Big Data Provide Answers. However, the fundamental problem remains. Increasing order efficiency.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

NC State SCRC

OCTOBER 23, 2018

Dunn a writer for TechnologyAdvice. She provides some great insights into how big data might be able to be used in supply chains. Today’s companies face overwhelming reams of endless data flooding in from a broad range of channels. Take the Guesswork Out: Real World Examples.

Big Data 58

Big Data Supply Chain Planning Software Supply Chain Software Analytics Software 58

DELMIA Quintiq

JUNE 20, 2016

They employed big data concepts with gusto. Let’s quickly step through a containerized supply chain to highlight how big data could be leveraged better. Profit-generating pricing within big data. Could big data and data-driven optimization change that kind of selling interaction?

Big Data 120

Big Data Shipping Data Supply Chain Planning Software 120

Logistics Viewpoints

JANUARY 24, 2022

Google and Twitter mainly monetize the data through targeted advertising. The value of the data captured by Google and Twitter has made them the darlings of Wall Street. But it turns out big logistics firms also generate Big Data, and they are also working to monetize this data. A case in point is FedEx.

Big Data 233

Big Data Data Predictive Analytics Forecasting 233

Jaggaer

MARCH 18, 2020

“Big Data” is everywhere. The value of quality data has never been higher, and the power to process that data is more readily available than ever. To better understand the impact of big data analytics on procurement, we turned to industry veteran Walt Charles, CPO at Allergan, who sees big data as a major disruptor.

Big Data 59

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 59

Unleashed

JANUARY 27, 2020

Big data refers to the process of examining and analysing large and diverse data sets for the purpose of uncovering valuable information to help businesses make informed decisions. The relationship between SMEs and big data is not contradictory, because no business is too small for big data.

Big Data 63

Big Data Analytics Software Predictive Analytics Software Purchasing Skills 63

Enterra Insights

JULY 5, 2022

We live in an age in which data has been called the lifeblood of an organization as well as its most valuable asset. For example, Ivan Kot, the Customer Acquisition Director and IT Solution Manager at Itransition, writes, “Data has established itself as one of the most important elements in both business and science.”[1]

Big Data 263

Big Data Data Modeling Software Predictive Analytics Software 263

Enterra Insights

FEBRUARY 1, 2022

Few topics are as discussed or as important as big data. As I’ve noted in the past, the amount of data being generated is so enormous that the modifier “big” is a totally inadequate — maybe even laughable — modifier. Big Data Trends. Big Data Becomes a National Security Issue.

Big Data 130

Big Data Trends Data Analytics Software 130

Supply Chain Movement

JULY 11, 2014

On 12 May 2014 IMD organized a one-day open event in Lausanne that analyzed big data and its impact on value chains. Several experts with different backgrounds shared their views on the latest trends at the intersection of big data and value chains. When did big data start being part of our life?

Big Data 84

Big Data Data Price Reduction Sourcing Strategies 84

Enterra Insights

JUNE 29, 2021

Big data may seem like an old topic; however, the ways in which companies deal with big data continues to evolve. The push is so strong right now that a survey found that nine out of 10 senior corporate executives are gearing up to invest in big data and artificial intelligence (AI).”[1]

Big Data 147

Big Data Data Analytics Software Modeling Software 147

Enterra Insights

AUGUST 15, 2023

Big Data Analytics and AI are at the forefront of this technological revolution, offering unprecedented opportunities for retailer agencies and agents to optimize their operations and enhance customer experience.”[1] In doing so, it appears they are not so crazy. Improving Customer Experience. .”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

DELMIA Quintiq

AUGUST 31, 2023

Often, software robots use Artificial Intelligence algorithms, as, for example, chatbots use AI to better respond to human questions and to be able to communicate more naturally. For example, AI algorithms are used in browser searches, social media, computer engines, etc.

Supply Chain Design Software 296

Supply Chain Design Software Supply Chain Software Predictive Analytics Software Optimization Software 296

Enterra Insights

DECEMBER 1, 2020

Alex Toma ( @alexbreakline ), a digital marketing specialist, writes, “Data has always been fundamental to the success of digital.”[1] 1] Most business leaders understand that so-called “big data” is an asset for their company’s operations. The World Economic Forum has declared big data an asset class like gold or oil.

Big Data 157

Big Data Data Analytics Software Sourcing Strategies 157

Supply Chain Network

APRIL 5, 2018

As digital disruption continues throughout the maritime supply chain forward thinking firms are investing internally in capabilities to become more data centric. When it comes to examples of Predictive Analytics firms focused on supply chains Elementum and ClearMetal are just a couple that come to mind.

Predictive Analytics 79

Predictive Analytics Predictive Analytics Software Analytics Software Big Data 79

Enterra Insights

MARCH 15, 2021

Over the past few years, businesses have expressed both delight and disappointment with their big data analytics efforts. The lesson to be learned is that doing big data analytics correctly isn’t as easy as some people would make you believe. Big Data Analytics: From Disappointment to Delight.

Big Data 147

Big Data Analytics Software Predictive Analytics Analytics 147

Enterra Insights

JUNE 1, 2020

When people hear or read the term “big data,” they initially think two things: It’s data and it’s big. First, let’s talk about what “big” really means. The volume of data being created is unprecedented and will only increase. How much data will it generate?

Big Data 147

Big Data Data Analytics Software Manufacturing Procurement 147

RFgen

SEPTEMBER 13, 2017

Data collection and integration tools underpin big data innovation. Big data has been growing more important in the supply chain sector as businesses look to eke out every bit of value they can through greater operational insights. ” Putting Big Data Into Practice. .

Big Data 52

Big Data Supply Chain Planning Software Analytics Software Supply Chain Software 52

RFgen

SEPTEMBER 13, 2017

Data collection and integration tools underpin big data innovation. Big data has been growing more important in the supply chain sector as businesses look to eke out every bit of value they can through greater operational insights. ” Putting Big Data Into Practice. .

Big Data 52

Big Data Supply Chain Planning Software Analytics Software Supply Chain Software 52

Enterra Insights

MARCH 21, 2022

The earliest example I can find is from the text of an instructional talk given by the newspaper editor Arthur Brisbane to the Syracuse Advertising Men’s Club, in March 1911: ‘Use a picture. This can create difficulty for tech leaders trying to use raw data points to justify budget expansions or push a client deal over the finish line.

Big Data 130

Big Data Data Chad Optimal Sourcing 130

Jaggaer

JUNE 18, 2019

Having spent decades at Kraft Foods, Kellogg’s, Johnson & Johnson, and now Biogen, Walter provides keen insight into the state of procurement today and how big data analytics is disrupting the landscape to provide CPOs with meaningful answers for more strategic procurement execution. Q: What are the big trends in manufacturing?

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

Enterra Insights

MAY 6, 2021

In the area of big data, geological features are often used to depict the enormity of the data involved. ” Alexandrov and Vesselinov write, “A seemingly bottomless ocean of ‘big data’ has flooded our world. 3] They are: 1. 5] They are: 1.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Analytics Software Data Supply Chain Network Software 130

RFgen

FEBRUARY 8, 2015

Bringing big data into the supply chain is not always as simple as buying the right software. A company first has to build a foundation of mobile data capture technology that can accurately record the information big data relies upon. Leveraging Big Data to Expedite Deliveries.

Big Data 52

Big Data Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 52

Enterra Insights

JULY 7, 2020

Gigabytes and terabytes of information will whiz between devices at a frightening speed and big data technologies will work even harder to store, process and take value from the collected yet often unstructured sensory information. Pialat notes, “Big data and the Internet of Things are inherently connected.”

Internet of things 130

Internet of things Big Data Data Analytics Software 130

Logistics Viewpoints

JANUARY 16, 2023

In APQC’s research, when respondents were asked how master data is managed, only 64% reported that their organization centralizes it in an enterprise-wide function, such as a chief data officer. High quality data is critical. For example, FourKites relies heavily on latitude and longitude coordinates for freight.

Data 197

Data Supply Chain Planning Software Benchmarking Supply Chain Software 197

Enterra Insights

FEBRUARY 22, 2021

Geoffrey Moore ( @geoffreyamoore ), an American Management Consultant and Author, once stated, “Without big data analytics, companies are blind and deaf, wandering out onto the web like deer on a freeway.” He insists, “The world is one big data problem.” ” What is big data?

Big Data 113

Big Data Data Analytics Software Predictive Analytics Software 113

Logistics Viewpoints

FEBRUARY 5, 2024

If a company short ships TVs, they are fined more than if they short ship soup, for example. In addition to normalizing data and data cleansing, this is a Big Data problem. Having good OTIF data can help prove that a company really has shipped on-time and in-full. It is clearly not an easy problem to solve.

Shipping 243

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 243