Supply Chain Management and Analytics

JULY 15, 2021

Operationally, profit margins have been stubbornly flat and supply chain performance measured in inventory performance has been worsening over the last five yearsii. Strategically, the shifting … Continue reading "Big Data Analytics for Wholesalers and Distributors".

Big Data 52

Big Data Analytics Data Supply Chain Performance 52

EazyStock

OCTOBER 10, 2018

Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. In most enterprise scenarios, the volume of data is too big, moves too fast and exceeds processing capacity of existing applications.

Inventory Management Software 45

Inventory Management Software Big Data Inventory Management Supply Chain Planning Software 45

GlobalTranz

JUNE 2, 2015

Big Data and Supply Chain Analytics Offering Benefits of Continual Improvements and More… Big data is more useful than many people fully realize. That being said, there are a few different ways that big data can be used to help optimize supply chains for a wide range of companies. We hope you enjoy!

Big Data 120

Big Data Supply Chain Optimization Supply Chain Planning Software Optimization Software 120

Enterra Insights

JUNE 22, 2022

The irony of excess inventory. Reporters from Bloomberg explain, “A nationwide inventory glut has led to unexpected bargains for U.S. Excess inventory was also caused by the Bullwhip Effect. ” Optimizing inventory. trillion because of mismanaged inventory.”[7]

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

Enterra Insights

AUGUST 15, 2023

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. 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]

Supply Chain Planning Software 130

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

Logistics Viewpoints

JANUARY 14, 2015

Business Intelligence Cloud/Software-as-a-Service Inventory Management Omni-channel logistics Replenishment Retail Supply Chain Planning' But there were three main themes that popped up in just about every meeting I sat through, and I could hear people talking about them as they […].

Big Data 100

Big Data Inventory Supply Chain Planning Software Logistics Network Optimization Software 100

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

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. The Advantages of Analyzing Big Data Run Far and Wide.

Big Data 58

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

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

Logility

FEBRUARY 23, 2021

In addition, they wanted to incorporate the inventories from their parts suppliers and their geographic locations so they could minimize empty return-trip trucks and duplicate runs, as well as minimize the inventory that they had to keep on hand in their distribution centers while knowing which suppliers had what parts in stock.

Inventory Reduction 134

Inventory Reduction Inventory Logility Logistics Network Optimization Software 134

Arkieva

MAY 19, 2016

Today we face a comparable optimism and belief in Big Data and Manufacturing 3.0. Where the internet was going to take out the middle man and connect enterprises into seamless supply and demand networks, Big Data and Manufacturing 3.0 In the same way we can expect that Big Data and Manufacturing 3.0

Big Data 61

Big Data Data Analytics Software Cost Reduction Strategies 61

Enterra Insights

MARCH 10, 2015

Inventory is one of the necessary evils associated with doing business. In a manufacturer’s ideal world, a product would be … Continued The post Inventory Optimization and Cognitive Computing appeared first on Enterra Solutions. Best Practices Big Data Business Cognitive Computing Supply Chain Technology'

Supply Chain Optimization 100

Supply Chain Optimization Optimization Software Price Mitigation Strategies Inventory 100

GlobalTranz

NOVEMBER 20, 2018

As e-commerce growth accelerates, shippers are working overtime to manage available inventory. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices. That’s two entirely different things. This is where the major problem lies.

Inventory Management Software 121

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory 121

GlobalTranz

MAY 25, 2018

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.

Inventory Management Software 125

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 125

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

GlobalTranz

OCTOBER 25, 2017

Inventory tracking is among the top areas most impacted by omnichannel supply chain strategies, and consumer spending habits are forcing inventory tracking technology to evolve, making sure consumers can get the products they want, through the media and channels they want, and at the prices they want.

Inventory Reduction 125

Inventory Reduction Supply Chain Planning Software Analytics Software Inventory Management Software 125

Accelogix

AUGUST 25, 2019

It’s kind of an Orwellian concept, but with advances in augmented reality (AR) and big data analytics , the WMS of the future will effectively have sight and an infinite memory. Integrating Big Data Analysis and Augmented Reality Devices. What is a VIEW Device? Learn more about LogistiVIEW here.

Big Data 40

Big Data Supply Chain Design Software Supply Chain Software Analytics Software 40

AFFLINK

MARCH 20, 2017

You can’t open a major tech news site these days without encountering the words “big data.” What is Big Data? The easy question first: what is big data? As explained by a recent IBM report, “Big data is being generated by everything around us at all times. How Can Big Data be Used?

Optimal Sourcing 54

Optimal Sourcing Big Data Supply Chain Optimization Modeling 54

BlueYonder

DECEMBER 5, 2017

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.

Big Data 46

Big Data Supply Chain Optimization Predictive Analytics Optimization Software 46

ThroughPut

APRIL 20, 2021

Artificial Intelligence In Inventory Management – How To Optimize Your Warehouse Inventory Management. Why is optimizing Warehouse Inventory Management a need of the hour? Inventory management involves creating a balance between demand and supply with the right amount of stock at the right place, at the right time.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimization Software 52

BlueYonder

DECEMBER 5, 2017

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.

Big Data 40

Big Data Predictive Analytics Supply Chain Optimization Predictive Analytics Software 40

BlueYonder

APRIL 7, 2017

The company collects over one trillion global events each day through sensors, satellites, radar, video cameras, smartphones and other devices that make up the Internet of Things (IoT), giving them one of the largest repositories of real-time big data in the world.

Predictive Analytics 53

Predictive Analytics Prescriptive Analytics Software Big Data Real-time Visibility 53

Supply Chain Shaman

APRIL 1, 2015

In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. In the research for my inventory optimization report, the lowest level of satisfaction with multi-tier inventory optimization is with clients of the SAP inventory solution (previously purchased from SmartOps).

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Network Design Software Optimization Software 150

Logistics Viewpoints

FEBRUARY 14, 2024

Logistics and inventory management rounds out the top four focus areas at 82 percent. Logistics In line with the past several years, inventory management continues to be the top focus area in logistics. In addition to cost savings, having optimized inventory management can help balance cash flow with customer satisfaction.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

Supply Chain Shaman

FEBRUARY 1, 2024

Rolling up a perpetual inventory signal takes eleven hours. The company was working on improving real-time ATP without consideration of the data synchronization issues. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing. days to get a perpetual inventory signal and 2.2

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

Logistics Viewpoints

FEBRUARY 5, 2024

The visibility solution must be built in such a way that it can download order quantity and inventory data from a customer’s systems. 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.

Shipping 243

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

BlueYonder

APRIL 7, 2017

The company collects over one trillion global events each day through sensors, satellites, radar, video cameras, smartphones and other devices that make up the Internet of Things (IoT), giving them one of the largest repositories of real-time big data in the world.

Predictive Analytics 40

Predictive Analytics Prescriptive Analytics Software Big Data Real-time Visibility 40

Supply Chain Shaman

APRIL 16, 2024

Focus on improving operating margin, inventory turns, and revenue/employee simultaneously. The goal is to move the supply chain away from a functional cost-based agenda to focus on value (improving margin, inventory, and revenue/employee simultaneously). Seasonal Inventory Build or Asset Capacity to Ramp for a Seasonal Demand Usually.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

RFgen

APRIL 16, 2013

By using automated data collection software to feed information into its big data analytics program, British grocery and merchandise retailer Tesco has dramatically boosted profits and more proactively met consumer demands. ” Power Big Data with Automated Data Collection Software. .

Supply Chain Software 52

Supply Chain Software Big Data Optimal Sourcing Data 52

Logility

SEPTEMBER 29, 2021

These challenges require life sciences supply chains to optimize inventory of all types – raw, work-in-progress, and finished. Multi-echelon inventory optimization (MEIO) can help fulfill that need for insight and visibility by modeling the entire supply chain with a holistic view of all types of inventory and locations.

Supply Chain Planning Software 130

Supply Chain Planning Software Quality Modeling Supply Chain Optimization 130

Supply Chain Shaman

OCTOBER 16, 2023

I like the use of growth, margin, inventory turns, Return on Invested Capital, customer service and ESG metrics. Holistic design of the form and function of inventory with a focus on setting inventory targets for each flow. This includes Slow and Obsolete Inventory (SLOB), returns, quality issues, and expired product.

S&OP 321

S&OP Supply and Demand Forecasting Supply Chain Design Software 321

Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

ThroughPut

NOVEMBER 16, 2021

Integration of multiple distribution channels Customer satisfaction Inventory and storage management End-to-end supply chain visibility. Amongst these challenges, inventory management impacts all others. Multiple distribution channels are also more effectively managed when on-time delivery of inventory is ensured.

Inventory Reduction 52

Inventory Reduction Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 52

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Not only that, but combined with machine learning and Big Data, digital supply chain technologies can analyse and learn from data in a way that gives supply chain managers the real-time insights they need to respond quickly to disruption and unexpected events. Digitisation for Optimised Capacity and Inventory Buffers.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Software Predictive Analytics 246

Unleashed

NOVEMBER 26, 2018

Prior to the industrial revolution, inventory control was all but not existent. Or perhaps they wrote down all sales and deducted the transactions from the inventory quantities they presumed they had. Managers could then record inventory stock and sales data. Barcodes for inventory control. Industry 4.0.

Supply Chain Planning Software 61

Supply Chain Planning Software Inventory Reduction Inventory Management Software Analytics Software 61

Logility

MAY 7, 2020

Figure 1: Demystifying Data Units. Embracing big data brings the promise of reduced costs, improved customer service, reduced risk and the ability to capture new opportunities. However, capturing the data you need is just the start of the journey. Figure 2: Results Achieved Using Big Data Analytics.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 195