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Big Data: A Valuable Forecast Tool to Future-Proof Supply Chains

Logility

“That disruption data is foundational for supply chain processes that companies build in the future.” Acquiring this repository of historical data and real-time information, known collectively as big data, has become a natural part of doing business.

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Emerging and Persistent Consumer Packaged Goods Trends

Enterra Insights

A strong consumer packaged goods (CPG) sector is essential for a healthy U.S. 5] Dominic Dinardo, “ Three Trends Affecting Margins In The Consumer Packaged Goods Industry ,” Forbes, 19 April 2023. The post Emerging and Persistent Consumer Packaged Goods Trends first appeared on Enterra Solutions. economic activity.”[1]

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Big Data Analytics are Table Stakes for Digital Age Businesses

Enterra Insights

Big Data is still a useful statistician’s tool, and can be examined to gain intuition that leads to new hypotheses — but those hypotheses then need to be investigated with statistical rigor.”[3] ” Big data analytics use cases. The question is, analyzed for what purpose? Mitigating threats.

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FedEx Works to Monetize their Big Data

Logistics Viewpoints

But it turns out big logistics firms also generate Big Data, and they are also working to monetize this data. FedEx Dataworks is an organization within FedEx that uses data science and machine learning to help make shipping more efficient. We have always been good at capturing data. A case in point is FedEx.

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Consumer Packaged Goods Manufacturers and Consumer-centric Supply Chains

Enterra Insights

Consumer packaged goods (CPG) manufacturers and their end-customers constantly engage in a complicated dance that has no choreographed steps. That bodes poorly for consumer packaged goods, particularly the more expensive national brands that took share during the pandemic.”[1] ” Footnotes. [1]

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In Search of Shiny Objects

Supply Chain Shaman

In my lifetime, I watched business leaders invest in Y2k, eBusiness, Big Data, Social Commerce, and Digital Supply Chains. I see the packaging of traditional technologies into new programs by consultants to drive and accelerate spending. Investments come in waves. The net result? Now the chase is on for Web 3.0. How can this be?

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Dreaming of Clouds, Lakes and Streams

Supply Chain Shaman

Yesterday, I spoke at the Eye for Transport conference on the Big Data opportunity in supply chain. I hate the term Big Data. So, in summary, today, we don’t have a big data problem. Instead, and more exciting, I believe that we have a big data OPPORTUNITY! Data Lakes.

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