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Supply Chain Big Data: Why Supply Chain Leaders Are Using Big Data Analytics

Cerasis

Supply chain industry leaders have access to more information today than ever before in history. Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. As a result, business leaders can reap a significant return on investment by thoroughly analyzing this data. What Is Supply Chain Big Data?

7 Benefits Realized Utilizing Big Data to Optimize Supply Chains

Cerasis

The company focuses on high tech industries such as telecome , data storage, data centers, bio-medicine, and any company who needs supply chain visibility and proactive supply chain services for replacement parts and more. All of these factors make using big data valuable.

How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

Cerasis

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. Data Leadership Supply Chain

How Companies Can Leverage Big Data and Predictive Analytics to Optimize the Supply Chain

Supply Chain Nation

It takes a lot of data to make a good decision. And for decision making within the supply chain, big data can provide insights for companies and enable them to make better decisions. Big data is defined as extremely large datasets, structured and unstructured, that reveal patterns, trends and correlations. Most organizations recognize the value and importance of big data, but become overwhelmed and struggle with proper implementation.

Your Supply Chain Probably Has a Data Problem - Start There

A Blueprint For Supply Chain Transformation The Data First Approach Introduction Over the past few decades, supply chains have evolved from a sub-function. supply chain is data. Supply Chain is the epitome of Big Data, yet, the most challenging problem. Data Access.

Getting Inventory Right: Hope with Hype and Recycled Software?

Supply Chain Shaman

Several good friends in consulting roles are sharing information on SAP HANA from SAP Insider; and this morning, LLamasoft announced the acquisition of the LogicTools assets from IBM. It is morning in Orlando. The sun is rising.

Where Would We Be Without All of the BullS&%T?

Supply Chain Shaman

Progress on the key performance metrics of cost, customer service, inventory, and Return on Invested Capital (ROIC) are going backward; not forwards, for most companies. Yet, they were viewing day-old information. The data was out of sync with their needs.

Reflections on Integrated Supply Chain Planning

Supply Chain Shaman

In the presentation, I shared data on the evolution of supply chain planning and the results on user satisfaction. However, in the polling data in the APICS webinar, we found that over 70% of the respondents had deployed solutions from the ERP-expansionists (either SAP or Oracle).

Top 5 Ways Inventory Tracking Technology Is Evolving

Cerasis

In fact, a recent survey of economic experts, reports Jeff Wacker of Retail TouchPoints, found up to 59 percent of retailers are making plans to invest in technology, which includes inventory tracking technology. Inventory Tracking Technology Leverages Internal and External Real-Time Data.

10 Ways Effective Transportation Management Drives Competitive Advantage

Cerasis

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. There are several factors that exist today that are forcing shippers to use even more resources, which distract from their core competencies , in order to have a strategic and much more nuanced, complex transportation management practice. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy.

End to End Supply Chain Visibility - Solving The Data Problem

THE "DATA PROBLEM". stock, and the ability to transport goods on. supply chains with data and gaining better. access to that data, making sense of that. data, and using in a fundamentally. Why Solving the "Data Problem" Is the First-Step and the. inventory.

IoT Inspired Smart Warehouses Are Reinventing Inventory Management

Cerasis

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. As the storage space of data has fallen, warehouse managers ’ rationale for avoiding IoT technologies has become even more archaic. Share information, to increase visibility and responsiveness of all parties involved.

Piece Parts

Supply Chain Shaman

Today, only 8% of companies are satisfied with their “what-if” capabilities and only 22% of companies can get to cost data in making planning decisions. Nine out of Ten Companies are Stuck at the Intersection of Operating Margin and Inventory Turns.

The Winding Road toward the “Autonomous” Supply Chain (Part 2)

Supply Chain Action Blog

Diagnosing the causes of incidental problems is only limited by the organization and detail of your transactional data. Ideally, your advanced analytics will be on the same platform as your wrangled supra data set.

Building Outside-In Processes

Supply Chain Shaman

It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. Map the data and the processes outside-in. As you map the your outside-in processes, think about demand, product, information flows and cash flows simultaneously.

Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

In this article, leading experts from various sectors in transportation industry will discuss transportation trends you should take a closer look. James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. In the rail sector, the big issue is capacity.

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SCRC Meeting Part 2: DHL’s Advanced Analytical Team Models Logistics Challenges

NC State SCRC

The team focuses on Facilty design for warehouses, transportation routing and scheduling, assembly kitting/packaging, and network optimization. Omer spoke about how DHL is focused on using data to drive results, and conducting operational analysis to drive down costs. Deconstructing data analysis to understand business processes happens before modeling, in order to create a proper baseline, which is used to drive the right basis for decision-making.

How BT is Building a Connected Supply Chain Amidst Ongoing Transformation

AIMMS

We spoke with David Mackenzie , Transformation & Inventory Director at BT, to learn more about this shift and the role AIMMS has played in enabling it. Our inventory managers work with demand and supply forecasting across our business. This has been a big impact.

Reflections on the LIVING Supply Chain SCRC Meeting

NC State SCRC

The ability to visualize what is happening in your end to end supply chain in real-time, through the massive shifts in cloud computing, big data, visualization, and mobile technology, is shifting our ability to monitor the health of our ecosystem. Information Systems. Further down the supply chain, we do not get real-time data. We’re working on on-time delivery and sharing real-time information with our suppliers. The SCRC meeting was a huge success yesterday.

Managing E-Commerce Fulfillment Spikes With Data Analysis

Veridian Solutions

This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. Disjointed systems and data silos, creating delays in processing and deficiencies in visibility. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment. Modes of transportation used in terms of costs and delays associated with each. Big Data eCommerce

How AI and the IoT Can Change Transportation Management!

Supply Chain Game Changer

The percentage increase describes consumer applications, but the idea of connected vehicles should garner interest from other sectors such as shipping, logistics, and transportation. Leaders in these industries would be wise to plan for a future where AI and the IoT transform transportation management. It acts as the driver, helping the connected ‘thing,’ which could be a vehicle or inventory system, make smarter decisions.”. Subscribe Here! Email Address.

Managerial Practice Will Need to Catch up with the Emergence of Real-time Supply Chains

NC State SCRC

In my new book “ The Living Supply Chain ” co-written with Tom Linton, we reflect on the new capabilities required to be able to work with the evolving imperative of real-time data. Working capital is generally in the form of inventory, which is an asset that doesn’t produce any revenue or cash. The ability to respond to real-time data and derive supply chain performance improvements is closely linked to prior work in organizational information processing theory (OIPT).

Day 3: Lenovo Goes About Creating the End to End Transparent Supply Chain

NC State SCRC

On the third day the team visited the Lenovo “Green Data Center”, and learned of how Lenovo is working to create their “converged” network servers that are on the leading edge of being focused on sustainable high speed efficient performance. Lenovo acquired the Data Center Group from IBM and moved the entire organization to RTP in October 2014. Planning and Execution (Howard) owns planning, inventory and production, with Logistics (Jerry) owning inbound and outbound.

What’s in Your Digitization Toolbox?

Supply Chain Nation

Headlines tout the potential power of digitization technologies like the Internet of Things (IoT), Big Data, mobility and advanced analytics to transform the supply chain of the future. Big Data (15 percent). Digitization is certainly a hot topic these days.

The Ever-So-Demanding Demand Planner….

Supply Chain Nation

The role of a demand planner is smack dab in the middle of an awful lot: driving the key, centralized sales forecast that will be used to plan out multiple aspects of the business from merchandising to inventory management and promotional planning to transportation.

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Data is the Real Gold At the End of the Rainbow for Contract and Spend Management Systems

NC State SCRC

Contract management analytics are critical for tracking transactional compliance with contract pricing, terms and conditions, but also as a vehicle for workflow management around negotiation of contract renewals, and aggregation of supplier performance data on service level agreements, delivery, quality, and service performance. The real value of contract management systems (CMS), however, will the actual data contained in contracts.

Learning to Work with Machines That Learn What the Experts Know

NC State SCRC

This capability in turn requires older generations of managers, often labeled “subject matter experts” who are willing to serve as key informants to educate these younger folk, and who are willing to transcend typical functional barriers between sales, operations, and procurement, to offer insights into the right solutions to different types of business problems. Optimized decisions in manufacturing would lead to inventory shortages or surpluses in other parts of the chain.

Why A Successful Transportation Management Program Is Empowered By Data

Cerasis

Today we continue our long series and look at teaching shippers how to remain strategic when it comes to logistics and their transportation management program. Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. 6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. The Use of Data to Create a Successful Transportation Management Program. Origination of Data.

What does the Future of Transport Management Systems Look Like? A Look To 2018 and Beyond

Cerasis

Whether you call it a transportation management system, TMS, or transport management system, we have you covered on the State of TMS in our first post , the 4 key process enablers in the second post , and in today’s post we will cover what the future holds for transport management systems.

What’s in Your Digitization Toolbox?

Supply Chain Nation

Headlines tout the potential power of digitization technologies like the Internet of Things (IoT), Big Data, mobility and advanced analytics to transform the supply chain of the future. What these technologies have in common is that they enable businesses to get closer to being able to react in real time to unplanned events – whether that’s a supply disruption, a transportation delay or a spike in demand. Big Data (15 percent).

How Machine Learning Is Redefining Supply Chain Management

IQMS

Bottom line: Machine learning makes it possible to discover patterns in supply chain management data by relying on algorithms that quickly pinpoint the most influential factors to a supply networks’ success, while constantly learning in the process.

Optimizing logistics: One wild ride

DELMIA Quintiq

Inventory is not in its optimal state, but everyone is simply too busy to be moving goods around. But herein lies the key – with the right system, you gain insight into what, when and how to reduce or move inventory in such a way that costs go down. Small data, big insights.

What’s new in automotive logistics?

DELMIA Quintiq

Thanks to improved IT performance and the connecting of suppliers, logistics service providers and carriers have been able to replace inventories with information. Now it’s time to make sense of that collaborative data to make truly optimal decisions and accurate forecasts.

6 Benefits of Applying Useable Data in Logistics For Continuous Improvement

Cerasis

We continue our series on strategic shipping by going into detail of the 10 main areas that shippers can turn to in order to have a strategic logistics and transportation management mindset. Today we will go into detail on using the available data created in the processing of shipments within transportation management and other related logistics management for continuous improvement. . Shipping processes revolve around a million-trucks-worth of data.

Bottles, Barrels and the Business of Beverage Distribution

Logistics Bureau

With growing populations and rising disposable income of consumers, changes in the type and the volume of beverages to be made and delivered then affect inventory management and requirements for transportation. Multi-echelon inventory optimisation.

The 9 Key Considerations of an Effective Last Mile Logistics Strategy

Cerasis

Last mile delays and problems during delivery can eat away at fuel costs and seriously devalue a brand, but shippers Fan leverage technology, such as Big Data, to make small changes and improvements to last mile logistics processes. Obviously, shippers cannot track what consumers use their personal devices for all the time, but they can use metrics and Big Data to track what consumers are doing on their respective e-commerce sites.

[INFOGRAPHICS] 4 Uses of Supply Chain Technology Applications Moving Shippers into the Future of Effective Management

Cerasis

Technology can help to simplify your supply chain management, which will enable your business to operate more efficiently, give you more visibility and control over your inventory, and help to reduce your operational costs.