Using Satellite Imagery as a Data Source to Improve Supply Chain Management

Logistics Viewpoints

Satellite imagery data represents another data set that may have the potential to improve company’s supply chains. The post Using Satellite Imagery as a Data Source to Improve Supply Chain Management appeared first on Logistics Viewpoints.

Research in Focus: Sourcing Trends and Concerns

Talking Logistics

Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” Sourcing decisions can complicate or simplify this process.

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COVID-19 & SCM – Importance of Operations Management to Overcome the Limitations of Data-Driven

Arkieva

An often-heard theme in supply chain management (SCM) and COVID-19 is “data-driven” – being data-driven is the path to success. COVID-19 & SCM – Importance of Operations Management to Overcome the Limitations of Data-Driven was first posted on May 20, 2020 at 8:47 am. ©2017

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How Big Data Analytics is Revolutionizing Sourcing Processes for Walter Charles III

Jaggaer

“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. That key, according to Charles, lies in having large and accurate data sets and an efficient way to analyze them.

End to End Supply Chain Visibility - Solving The Data Problem

Make Better Logistics Sourcing Decisions with Data-Driven Optimization

Talking Logistics

Over the past few years, as supply chains have grown in scale and complexity, so has the logistics sourcing process. Mature sourcing organizations, which have been doing traditional sourcing and category management, are starting to plateau in terms of savings and impact to their organizations, yet each year are faced with increasing savings mandates and pressure to improve performance. How are companies achieving better outcomes by using data-driven optimization?

Master Data Management: the value of one source of truth (vs. multiple sources)

HICX Solutions

The problem with having multiple sources of truth is that, when the data is input into these various solutions from different entry points, it will move between the systems and then exit from whichever system it happens to be in at the time. Moving towards Data Nirvana.

Vizion’s Quality Data Enables Smarter Container Tracking

Gravity Supply Chain

Gravity partners with Vizion to help businesses make data-driven decisions, increase shipping reliability, reduce risks, and supply chain disruptions.

How Big Data Analytics is Revolutionizing Sourcing Processes for Walt Charles

Jaggaer

“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. That key, according to Charles, lies in having large and accurate data sets and an efficient way to analyze them.

Syndicated Data for CPGs

SupplyPike

Learn about: What syndicated data is How it is compiled and used The difference between brick-and-mortar data and e-commerce data. Syndicated data can provide companies with this insight. Panel Data: This refers to consumer-level data.

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The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing. Data rules.

8 Tips to Help Procurement Optimize Supplier Master Data

ivalua

Gartner predicts that by 2023, organizations that don’t optimize supplier master data management (MDM) could have wrong information for half of their suppliers! Tip #1 – Use holistic data modeling to optimize organizational needs.

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2020 The Year To Address The Elephant in Every Room – Data

ivalua

North Carolina State Poole College of Management recently produced this 28 page report entitled “ 2019 Supply Chain Data Quality and Governance Study ”. Getting Data right is an imperative. Source: 2019 Supply Chain Data Quality and Governance Study.

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

Cerasis

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? Supply Chain big data is the ultimate compilation of data gathered in the course of business.

Conquering the Explosion of Supply Chain Planning Data

Logility

Companies across all industries and sizes struggle to make sense of and value from the available mountains of data. Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched.

Big Data in Logistics

Talking Logistics

There are many buzzwords in the supply chain and logistics industry today, and perhaps there’s none bigger than “Big Data.” Everybody talks about it, but what does Big Data really mean? When it comes to leveraging Big Data effectively in your organization, where do you begin? What is Big Data? Like many buzzwords, Big Data means different things to different people. Big Data is not a Technology. This is true with Big Data too.

The Data Needed to Transform Supply Chains

Talking Logistics

Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. and “What are we using the data for?”

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Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption

Gravity Supply Chain

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.

Strategic sourcing and ‘big data’

ivalua

Big data is more than a buzz term, and if you are a strategic sourcing professional, it is a concept that should not be ignored. Big data is about synthesizing and making sense of information — better and quicker than your competition.

Responsible Sourcing! Making Sustainability Happen for Real!

Supply Chain Game Changer

Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? in this case, responsible sourcing. Source Smarter. Source: Purina.

Strategic sourcing enters a new age. Are you keeping up? (Part 1)

ivalua

Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. The processes and strategies driving supply chain management success are evolving and strategic sourcing is being redefined.

Improving Supply Chain Collaboration: Connecting Data

Kinaxis

Making informed decisions fast comes down to collaboration – how effectively the data, processes and people who oversee the supply chain can connect, communicate and interact with one another. Let’s zero in on the first of the “disconnects” explored in the eBook – data.

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Information Overload: Is Too Much Data Crippling Your Supply Chain?

Kinaxis

That’s the question many supply chain practitioners are asking themselves in this world of big data, where a flood of new information is rapidly becoming readily available. It’s not about how much data you have, but the quality of that data. by Alexa Cheater How much is too much?

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Responsible sourcing and palm oil – a #ProvenanceLive recap

Provenance

Aim to source 100% certified RSPO (Roundtable on Sustainable Palm Oil). Sourcing palm oil responsibly and sustainably is nuanced and can be complex. It also helps us as an industry use that data to try and improve the supply chain. .

Data integrity: Bad data and 3 good things to do about it when supply chain planning

Kinaxis

However, even the best supply chains struggle with a recurring issue – data integrity. The alignment of demand and supply is more difficult because most, if not all, supply chains have data integrity issues. Successful supply chain planning starts with data. Why the data issues?

Data Analytics for Your CPG Company

SupplyPike

Learn about: Understanding CPG data analytics The differences among observational data, activity data, and sales data Data analytics solutions for CPGs. There can be no substitute for a data-driven, well-informed, business decision-making. Observational Data.

COVID-19: Implications on inventory planning, sourcing and procurement

EFT

We need to look at alternative sources of procurement, of production, alternative factories, alternative countries. As demand rides a rollercoaster in the last few months, huge adjustments have been asked from businesses in every corner of the world and sector.

Five Steps to Navigating Supply Chain Analytics Data Challenges

Talking Logistics

Having been in the game of supply chain analytics for so long, we’ve noticed that data is the single biggest challenge our customers and consultants encounter. With the right approach, data challenges can become an issue of the past. Source.

Data-Driven Decisions Rule the Modern Supply Chain

PLS Logistics

Data accuracy. An estimated 80% of relevant data is unstructured. But, in transportation there are many sources of structured data to provide business intelligence. 3PL Shippers Big Data

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What’s Big Data in Supply Chain & Logistics? Why Should I Be Looking at This Tech Trend?

Cerasis

Data reflect all the small, seemingly insignificant details of the modern world. From a review of your personal bank account spending habits to larger, more advanced processing capabilities, data evolve and expand with each passing day. Big data in supply chain is not a new concept.

Digital transformation in the life sciences supply chain – show me the data

Kinaxis

Data first. Although getting a new drug to market has its unique challenges compared to the source, make and deliver part of the life sciences supply chain equation, there is one thing those of us in supply chain have in common with our R&D counterparts, we all need clean data.

What Does It Take To Make Sourcing Truly Strategic?

USC Consulting Group

Marketplace pressures have forced procurement professionals to abandon traditional sourcing practices and implement more responsive strategies designed to promote organizational efficiency, agility and flexibility for growth, not to mention cost reductions.

Big Data Analytics: A Key to a Successful Supply Chain in the Next 5 Years?

Cerasis

Big data utilization is the wave of the future for all aspects of business including supply chain management. The problem is that not every company has the resources to begin the process of big data management and have yet to see the extent of benefits it can provide to analyze and use such data management. There are several direct and indirect benefits to using big data analytics for your supply chain. Immediate Benefits of Big Data Analytics.

Is Supply Chain “The” Source of Greater Economic Stability?

Logistics Viewpoints

I thought about the transition from “push” processes to greater use of demand pull in replenishment; how retailers are sharing downstream POS data with their suppliers to develop a more efficient supply network; how multi-echelon inventory optimization […]. On Saturday I engaged in a rare weekend activity for myself – I actually thought about supply chain.

New Data Insight and Analysis Tool, BluIQ by BluJay, Provides Real-time, Actionable Data Views into Supply Chain Applications

BluJay Solutions

BluJay unveils solution that puts configurable, visual data at the fingertips of any user for faster insights, easy analysis, and better decision-making . This solution is part of the Data component of our DNA strategy.

Moving to Continuous Sourcing: Real-Time Opportunity Sensing

LevaData

For the past 20 years, businesses have been weathering what could be described as a “data explosion.” This explosion has rippled through supply chain and sourcing as access to useable data sources has increased. Increasing Agility With Cognitive Sourcing.

The Power of Downstream Data for Sensing Demand

ToolsGroup

Source: Supply Chain Insights, “The Power of Downstream Data”, July 2017. POS data helps sense and respond to localized demand. Downstream data is the demand data that powers a market-driven, “outside-in” supply chain.

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