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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

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5 game-changing reports in Luminate Charter

crisp

Discover how Walmart’s Luminate Charter plan is revolutionizing retail data analytics with these five essential reports for suppliers. Imagine having a panoramic view of your product’s journey across all sales channels, understanding intricate customer purchase patterns, and the precise flow of inventory to every store.

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Top Suppliers of Transportation Execution and Visibility

Logistics Viewpoints

Billions of venture capital dollars of investment are being poured into companies that can integrate real-time visibility data with transportation to provide a more informed ETA for shippers and carriers. But, if a company wants to work with a new supplier, and that supplier is in the network, metrics on that carrier also exist.

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Lessons from “The Goal” for Optimizing Warehouse Operations

Logistics Viewpoints

As part of my personal and professional development, I’ve been participating in our book club at Lucas Systems over the past several months. We’ve read and discussed some fantastic and thought provoking books. the book, constraints are stations such as machining and heat treatment.

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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

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7 competitive advantages of shifting to a smart warehouse

6 River Systems

Michael Porter, an economist, researcher and former Harvard Business School professor , wrote several books on competitive advantage that are taught widely across several disciplines in higher education today. Along with the COVID-19 pandemic, the growth in e-commerce has put enormous pressure on supply chain and warehouse operations.

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Inventory Management – The Essential Guide for 2024

ThroughPut

It involves managing the flow of goods from manufacturers to warehouses and from these facilities to point of sale. The goals of inventory management are to ensure that there is always enough stock on hand to meet customer demand, minimize the costs associated with holding inventory, and optimize the supply chain’s overall efficiency.