Supply Chain Insights

JANUARY 18, 2018

I hate prediction articles. I writhe in my seat at most conferences and count the number of times the word “digital” is used in presentations. Here are my predictions for 2018: Supply Chain Excellence as We Know It Is Redefined. Analytics Approaches. I am not sure why. I am often uncomfortable.

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Talking Logistics

DECEMBER 11, 2014

made that prediction in 2008 (see the Barron’s article What $300-a-Barrel Oil Will Mean for You ). Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). million bbl/d in 2015.” .

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Supply Chain Matters

APRIL 28, 2023

Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.

Supply Chain Planning Software 52

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Logistics Viewpoints

JUNE 9, 2022

Here, it’s extremely difficult to predict which sales volume will be reached for which goods. This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse.

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Supply Chain View from the Field

NOVEMBER 25, 2013

My MBA 541 students presented results from their projects this semester. A John Deere team discussed how they attempted to build a predictive cost model. They were able to derive an R-squared of 0.80, which is excellent given the number of data points they started with. This category has a weight of 30% towards the final score.

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Enterra Insights

FEBRUARY 13, 2019

Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data sets and contributing to diverse strategies succeeding.”[1] Or as Boyle noted, machine learning can be used to predict consumer behavior. ”[2]. Pattern recognition.

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Supply Chain Shaman

DECEMBER 11, 2018

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. The transformational wave is slowly transforming the automotive industry from a focus on selling “rides” versus the purchase of an automobile.

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Invata Intralogistics

APRIL 5, 2024

From reducing return rates by analyzing product data to predicting inventory needs with startling accuracy, AI systems offer many benefits that traditional problem-solving methods can’t replicate. The Power of AI in Last-Mile Delivery The last mile of delivery often presents the highest cost and the most potential for error.

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Invata Intralogistics

APRIL 5, 2024

From reducing return rates by analyzing product data to predicting inventory needs with startling accuracy, AI systems offer many benefits that traditional problem-solving methods can’t replicate. The Power of AI in Last-Mile Delivery The last mile of delivery often presents the highest cost and the most potential for error.

Supply Chain Software 52

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SCMDOJO

FEBRUARY 20, 2023

This involves understanding customer buying behaviour trends, seasonal variations, production schedules, and more. Optimizing inventory can also be achieved by leveraging technology and data analytics. Logistics KPI Dashboard Excel Template 4. However, forecasting always has some level of uncertainty.

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Supply Chain Shaman

JUNE 2, 2020

Instead, all of the disruptions to date had a predictable pattern: a devastating blow, a set of shock waves, and the re-establishment of a new normal. The supply chain response will need to be a local-focused program using analytics to sense shifts market-by-market based on consumption data. The answer is advanced analytics.

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ThroughPut

APRIL 30, 2024

ThroughPut AI: For Making Intelligent Decisions Across the Supply Chain Watch On-demand Demo ThroughPut AI has been recognized as a Leading Vendor in the prestigious 2023 Gartner Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain. The platform primarily helps predict demand and improve customer experience.

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SCMDOJO

MARCH 27, 2024

It is also a means to maintain a competitive edge and operational excellence. That could include AI-driven analytics, real-time tracking, and integration with loT devices. We also present the reasons why we believe they should be at the top of your consideration list. #1 Pros: Robust analytics and ERP integration.

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ThroughPut

MARCH 25, 2024

Demand forecasting is the process of predicting future customer demand for a product or service. This practice has evolved significantly from its historical roots, largely a game of educated guesses, to today’s data-driven approach that harnesses the power of advanced analytics. What is Demand Forecasting?

Forecasting 52

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Alloy

FEBRUARY 4, 2024

Luckily, Kroger makes sharing data with its brands a top priority and offers in-depth web portals for analysts, account managers and inventory planners to access.Kroger has a complete analytics arm that is made up of multiple integrated portals. The purchase of Market6 was an effort by 84.51° to fill this gap, and in some ways it did.

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Supply Chain Shaman

AUGUST 16, 2015

In the period of 2002-present, the company acquired/aggregated many applications. On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. 2) Advanced Analytics.

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Unleashed

MAY 15, 2023

From targeted email campaigns to inventory management integrations, we’ll outline how you can develop strong B2B CRM strategies to improve business performance and achieve predictable growth. A CRM system that offers RFM (Recency, Frequency, and Monetary value) Analysis allows you to segment customers by their purchase habits.

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ThroughPut

OCTOBER 16, 2022

Inventory optimization aims at arriving at the right amount of inventory that is sufficient to meet present and future forecasted demand. Inventory analytics can go a long way in understanding and improving the inventory performance and often done by an inventory manager. How do you analyze accurate inventory performance?

Optimal Sourcing 52

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NC State SCRC

FEBRUARY 20, 2023

Over the decades, EDI standards emerged that cover a variety of supply chain artifacts and activities , from Purchase Orders & Acknowledgements (EDI 850 & 855) to Invoices (EDI 810) to Shipping Manifests (EDI 856). And APIs present their own set of challenges, as I outline here.

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Talking Logistics

APRIL 12, 2017

Logistics Excellence: Now & in the eFuture. As I wrote last June, investments are rising in Supply Chain Operating Networks and Descartes is a prime example of this trend in action — a trend that I predict will continue to gain momentum in the months and years ahead. Will this include drone deliveries?

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Supply Chain Shaman

APRIL 7, 2016

On Monday, I would speak in Orlando Florida at the Terra Technology event; and on Wednesday, present the keynote at the Logistic Summit & Expo in Mexico City. In the outside-in supply chain, the signals are from the buy and sell-side markets back to the enterprise. Building New Structures Using New Building Blocks. Bio-engineering?

Supply Chain Design Software 150

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Precoro

OCTOBER 6, 2022

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Procurement analytics is a component of business intelligence and is increasingly important, especially in complex organizations. From whom are we buying? How much are we spending?

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TMC

JUNE 17, 2020

Additionally, customers have more choices than ever, so a poor experience could result in their decisions to purchase from competitors. When captured correctly and connected to advanced capabilities like predictive analytics, machine learning, and IoT, this information can unlock powerful insights to your business.

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Enterra Insights

JUNE 26, 2018

Thanks to smartphones, the digital path to purchase has become the preferred consumer journey in the United States. Although the digital path to purchase opens new avenues to reach potential customers, it’s a path easily abandoned if consumers have a bad experience. ”[4]. Personalization and Good Consumer Experience.

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CH Robinson Transportfolio

JUNE 17, 2020

Additionally, customers have more choices than ever, so a poor experience could result in their decisions to purchase from competitors. When captured correctly and connected to advanced capabilities like predictive analytics, machine learning, and IoT, this information can unlock powerful insights to your business.

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Supply Chain Management and Analytics

JANUARY 9, 2021

So, if you want to keep your customers close, ensure your satisfaction with solutions that help them achieve the goal that generated the need for that purchase. To successfully implement this strategy, you need a proactive team that can predict potential problems and offers solutions before consumers need to contact you.

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ThroughPut

JUNE 19, 2024

How much should you produce or purchase at a time? Inaccurate predictions, especially for seasonal and short-lifecycle products, can severely impact operations. To mitigate these risks, the F&B sector must harness advanced analytics and machine learning.

Supply and Demand 52

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The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics. Artificial Intelligence AND Machine Learning.

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Enterra Insights

JULY 21, 2020

Analysts at SAS note, “Data visualization is the presentation of data in a pictorial or graphical format. It enables decision makers to see analytics presented visually, so they can grasp difficult concepts or identify new patterns. ”[2]. . Improving customer experience. ” 5. .”

Data 173

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Arkieva

JANUARY 6, 2017

The ABCDs of an Excellent Supply Chain. In this 2-part Supply chain strategy post , the Managing Director at Solventure – Bram Desmet, discusses the key elements of an excellent supply chain. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent? Please subscribe here.

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BlueYonder

JUNE 12, 2019

I have lived all over the place, from Honolulu to Barcelona to Los Angeles, and now I’m back in Chicago working with FourKites, the largest predictive supply chain visibility platform, delivering real-time visibility and predictive analytics for Fortune 1000 shippers and third-party logistics firms. I try to say present.

How To 66

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Supply Chain Action Blog

SEPTEMBER 7, 2018

Digitization – increased computing power, more analytical software, the availability of data – has made it possible in a week. You will need to excel at managing and accelerating the 3-D Cycle, if you want to win in digital economy. Direct the next best action within the constraints of time and cost.

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Infosys Supply Chain Management

DECEMBER 1, 2014

Predictive Analytics in the area of Equipment Reliability has been a subject of key focus within Enterprise Asset Management(EAM) practice at Infosys. Read on as Yuri take us through some traversed areas within in the domain of Predictive Analytics. Could you please share with us your tryst with Predictive Analytics?

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Supply Chain Game Changer

NOVEMBER 16, 2022

Digital procurement practices are a significant factor in achieving company excellence. It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Direct purchase requests from employees are possible with varying levels of auto-approval.

Optimal Sourcing 19

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Jaggaer

MARCH 23, 2020

And most importantly, what augmented analytics can do for you. Read up on How Augmented Analytics Will Transform Your Organization: A Gartner Trend Insight Report. Analytics has been with us for some time – more than a couple of decades. Let’s step back first. And that, of course, includes procurement professionals.

Procurement Analytics 78

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BlueYonder

JUNE 12, 2019

I have lived all over the place, from Honolulu to Barcelona to Los Angeles, and now I’m back in Chicago working with FourKites, the largest predictive supply chain visibility platform, delivering real-time visibility and predictive analytics for Fortune 1000 shippers and third-party logistics firms. I try to say present.

How To 40

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Infosys Supply Chain Management

MARCH 27, 2015

Predictive Analytics in the area of Equipment Reliability has been a key focus area within Enterprise Asset Management(EAM) practice in Infosys. Read on as Yuri take us through some un-traversed areas within in the domain of Predictive Analytics. Could you please share with us your tryst with Predictive Analytics?

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