Wed.May 29, 2019

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Predictive vs Prescriptive Analytics: Does the Difference Matter?

River Logic

Predictive and prescriptive analytics are two forward-looking tools used by business leaders which overcome these limitations. Using a combination of historical data (descriptive analytics), rules and a knowledge of the business, they more accurately predict the future, and, in the case of prescriptive analytics, guide leaders to the best overall decisions.

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Delivering Efficiency for the Last Mile

Talking Logistics

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Machine Learning in the Context of Retail Demand Forecasting

RELEX Solutions

Machine Learning in the Context of Retail Demand Forecasting. Resources » Whitepapers. Author: Henri Nikula, Head of RELEX Labs. The tech industry has been buzzing about machine learning for a few years now — it seems every week, companies introduce new ways to exploit it to transform their businesses. It comes as no surprise, then, that leading retailers who recognize the competitive advantage have turned to machine learning to transform their planning as well.

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Supply Chain Management Data: Here’s How Big Data Makes the Supply Chain More Efficient

GlobalTranz

It’s clear — and has been for a while — that big data and advanced analytics technologies are transforming a lot of day-to-day operations. In entertainment, it can suggest new movies and content. In health care, it’s helping professionals discover new treatments or care solutions, and in manufacturing, it’s improving outdated practices. It’s not a.read More.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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The Problem with Multi-Period Network Design for Seasonal Products—and How to Fix It

CHAINalytics

If your company manufactures seasonal items, then you know that these products often add complexity to distribution network planning. The answer for many companies is to use multi-period network design models to understand their seasonal storage requirements. In theory, by representing the time-phased imbalance between supply and demand, a network design model will calculate the … The post The Problem with Multi-Period Network Design for Seasonal Products—and How to Fix It appeared first o

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Leading through Change

BlueYonder

Today’s Wednesdays for Women is another in our occasional series titled “Lessons from Leaders” featuring learnings of interest to anyone seeking insights and experiences to grow their leadership skills. Change is a consistent reality in today’s volatile and disruptive business landscape and nowhere else is this more apparent than in JDA today.

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Supply Chain Fundamentals

Logistics Bureau

So many people are focused these days on the new emerging technologies and systems and some of the businesses are ready to embrace them but here’s a tip: Don’t forget the fundamentals ! Making sure your distribution network is aligned appropriately. Making sure you got a supply chain strategy that’s appropriate and works and is understood.

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Leading through Change

BlueYonder

Today’s Wednesdays for Women is another in our occasional series titled “Lessons from Leaders” featuring learnings of interest to anyone seeking insights and experiences to grow their leadership skills. . Change is a consistent reality in today’s volatile and disruptive business landscape and nowhere else is this more apparent than in JDA today.

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How AI Can Help Retailers Eliminate Shoppers’ Frustrations – and Create a Winning Customer Experience

Repl Group

Understandably, retail customers get irritated when they make a trip to a store only to find that the products they seek aren’t available – particularly if they received an email promo offer of a discounted price for these items. However, this is happening much more often than it should. In fact, nearly one-half of shoppers say that stock availability is their biggest frustration when going to brick and mortar malls, according to recent survey of an estimated 1,000 U.S. consumers that we’ve cond

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2024 Annual T&L M&A Report

Tenney Group, an industry specialized M&A Advisory firm in the T&L space, produced the 2024 Annual M&A Report. The report contains an in depth overview of 2023 notable deals and the market, while also providing the outlook for 2024 M&A.

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Supply Chain by the Numbers for May 31, 2019

Supply Chain Digest

The Warehouse Robots are Coming Rapidly, Amazon May be Pruning Thousands of Sellers, US Economy May be SlowinG, US Freight Rates Heading Down at Last

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Etsy: Bohemian Marketplace Perfect for Makers

TradeGecko

It is so tempting to do what’s hot and trendy, but to stand out in saturated markets you have to do something different. What we mean is to avoid riding trends, which tend to fade away, and instead go niche. There’s no better example of going niche than Etsy , an eCommerce site focused on handmade goods, vintage items and supplies, as well as unique factory-manufactured items.

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Supply Chain Graphic of the Week on What is the Big Deal with Rare Earth Metals

Supply Chain Digest

Would a Chinese Export Ban Cause Manufacturing Disaster for US

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Your essential business accounting year-end checklist

TradeGecko

Whether you’re an eCommerce retailer or a wholesaler, it’s important to start preparing for tax season as early as possible. Tax season is a busy (and stressful) time for SMBs, and it’s important to ensure that you’re prepared, organised and on time when it comes to filing your taxes - otherwise you may cost your business time and expense in penalties.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Global companies share their digital transformation experiences at IMAGINE SUMMIT

Axway

At IMAGINE SUMMIT in Orlando, Florida a powerhouse Customer Panel assembled to discuss their digital transformation strategies and their journey.

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Etsy: Bohemian Marketplace Perfect for Makers

TradeGecko

It is so tempting to do what’s hot and trendy, but to stand out in saturated markets you have to do something different. What we mean is to avoid riding trends, which tend to fade away, and instead go niche. There’s no better example of going niche than Etsy , an eCommerce site focused on handmade goods, vintage items and supplies, as well as unique factory-manufactured items.

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How much does a Warehouse Management System cost?

SCJunction

Approval of any large-scale software solution ultimately hinges on how much it costs. Knowing the total outlay, expected ROI, and any unexpected costs you may need to cover that are not directly related to your purchase and subsequent implementation will help you to create a budget and project expenditure more accurately.

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Are you confusing markups and margins?

TradeGecko

No matter the size of your operations, all businesses that deal with selling products has to grapple with selling price and cost price. Although calculating these numbers can range in complexity, the underlying principle is the same - you must price your product in a way to ensure that your costs are covered, and that everyone involved in the process gets a cut of the profits.

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More Than 40 New Manufacturers Join Configura’s Platform in 2023

More than 40 manufacturers across the commercial interior, material handling, and kitchen and bath industries expand offers via Configura’s CET platform in 2023.

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Technology is Transforming the Supply Chain

Enterra Insights

Technology is constantly changing and efforts to keep up with those changes can be both head-spinning and costly. Nevertheless, there are some technologies that must be adopted in today’s business environment. One of the most important areas for technology investment is the supply chain. A couple of years ago, McKinsey & Company analysts noted, “The digitization of supply chains will have the biggest impact on [a company’s] revenue, yet 49% of companies are investing in dig

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ERP in the Cloud Takes Manufacturers to the Next Level

Rootstock

For many CFOs, the term “ERP” portends a bloated and unwieldy set of manufacturing applications developed in the 1990’s for a burgeoning global economy. Indeed, FSN’s research, “The Future of the Finance Function”, highlights that 52% of finance professionals spent too much time managing and resolving basic transaction processing. But a new era of ERP, born in the cloud, i.e. developed specifically for the cloud (rather than re-engineered for the cloud) is set to open up new vistas of opportunit

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Retail restructured and the rise of experience…retailers can’t afford to ignore these red-hot technology trends this summer

Manufacturing & Logistics IT

Retail trends come and go, but occasionally they shape the future of the industry for years to come. Frank Lochbaum Managing Partner at KPS, identifies three key retail trends this summer and explain why he thinks they’ll prove to be pivotal.

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Five lessons from a CE sales pro

Alloy

We recently welcomed Adrienne Alterman to the Alloy team by having her sit down with our CEO, Joel, for a live discussion of her 10+ year career so far. The theme of the webinar was “What I Wish I Knew Then,” and she shared many lessons from her time in sales at premium audio brands like YG Acoustics and Bowers & Wilkins. You can now view a recording of the session on demand, but for those short on time, we’ve summarized some of the top takeaways in this post.

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Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

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It’s Time to Discard Traditional Hiring Practices

Supply Chain Brain

And deconstruct the interview paradigm, too.

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How Blockchain in the Supply Chain will Empower Supply Chain Management

Shipchain

What is Supply Chain? Supply chain is essentially the entire behind-the-scenes network that links a product from its point of origination to its final destination. Think from manufacturing to consumer, and every single step in between. Supply chains are often very complex as they encompass all vendors, warehouses, retailers, and so on that bring a product to life and then to a customer.

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Instore and online retail services must play nicely together – lest iconic brands will disappear

Manufacturing & Logistics IT

Seamless mobile connectivity can help prevent this from happening explains Colin Abrey of Nextivity.

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The Ultimate Guide to Pick and Pack Methods!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. From Click to Ship in 4 Minutes! … Principles for World Class E-Commerce Fulfillment! Article originally published by, and permission to publish here provided by, Jake Rheude at redstagfulfillment.com. A lot more goes into successful order fulfillment than shelves of neatly stacked products.

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What is Mesh Networking Trends Report

This report details the capabilities of mesh networks, how they work, and the applications they thrive in supporting. Connectivity is necessary for optimal productivity, and mesh networking will soon be a significant provider of connectivity globally.

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‘Digital Freight Matching’ Isn’t a Product— It’s a Strategic Methodology

Parade

As freight brokerages look to leverage technologies, automate grunt work, and streamline operations, we hear references such as “Buying ‘digital freight matching’.” Unfortunately, this reference to ‘digital freight matching’ as a ‘product’ is too simplistic. Because every freight brokerage has a different mix of fulfillment opportunities, and each load opportunity has unique requirements, challenges, and execution models.

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The Probabilistic Model of Inventory Control Explained

Unleashed

Regardless of the industry, it is necessary for manufacturers and retailers to maintain the right quantities of inventory stock to ensure the smooth running of production operations and sales activities. Holding certain levels of inventory stock helps companies to avoid lost sales, will reduce ordering costs, help to maintain efficient production runs and reduce customer service dissatisfaction.

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‘Digital Freight Matching’ Isn’t a Product— It’s a Strategic Methodology

Parade

As freight brokerages look to leverage technologies, automate grunt work, and streamline operations, we hear references such as “Buying ‘digital freight matching’.” Unfortunately, this reference to ‘digital freight matching’ as a ‘product’ is too simplistic. Because every freight brokerage has a different mix of fulfillment opportunities, and each load opportunity has unique requirements, challenges, and execution models.

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