ToolsGroup

DECEMBER 10, 2019

It’s been an interesting decade for supply chain: just when you think things can’t get any crazier, a new extreme weather event, political drama or tech start-up pops up, disrupting entire industries. Deriving value from huge volumes of data depends on being able to separate signals (which have predictive value) from ‘noise’.

Modeling 156

Modeling Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 156

ivalua

SEPTEMBER 14, 2022

Yet despite the availability of new platforms and analytics tools, supply chain risk management strategies remain in their infancy post-pandemic. Almost seven-in-ten (68%) of organizations view suppliers as a source of differentiation, while 66% now collaborate with suppliers to increase supply chain resilience. media@ivalua.com.

Supply Chain Planning Software 130

Supply Chain Planning Software Inventory Reduction Supply Chain Disruption Supply Chain Software 130

QAD

OCTOBER 4, 2023

What is Supply Chain Analytics and Why is it Important? Supply chain analytics allows businesses to examine their operations and view data in real-time. With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

ThroughPut

FEBRUARY 23, 2024

With rapid fluctuations and uncertainty, predicting customer demand is like shooting in the dark. Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. You can read more about it here. The solution?

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain? How should the supplier perform?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Logistics Viewpoints

JANUARY 17, 2023

Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products. If nothing else, the last few years highlighted the importance of sourcing strategically. Upcoming Recession? Price Volatility.

Prescriptive Analytics Software 194

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 194

Enterra Insights

JANUARY 18, 2024

Predicting the Future. Making predictions can be a fool’s errand; however, AI tools are making the cloudy crystal ball a bit clearer. Mario Mirabella , CEO of MSM Digital, writes, “AI-powered predictive analytics enables us to harness the power of data and uncover valuable insights that can drive business success.

Trends 264

Trends Predictive Analytics Software Modeling Software Optimization Software 264

Silvon Software

AUGUST 8, 2022

Supply chain challenges stemming from the pandemic and other global events continue to plague manufacturing and distribution companies. To address these issues, manufacturers and distributors are focusing more on the use of data analytics to help them make more strategic decisions related to supply chain performance.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

RFgen

MAY 16, 2023

The role of data analytics in optimizing inventory management processes has become increasingly important. Analytics help organizations make smarter decisions, reduce costs, and improve customer satisfaction. But your analytics is only as good as the underlying data. That’s why most inventory handlers leverage data.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

Supply Chain View from the Field

DECEMBER 16, 2013

I visited the BVL Kongress in Berlin, and also attended the International Institute for Analytics ”Chief Analytics Officer” meeting last summer. We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Resilinc

FEBRUARY 16, 2021

Predictive analytics tool leverages AI to identify how a supplier will perform by analyzing past events and on-time delivery data. We’re pleased to announce the launch of our Predictive Purchase Order (PO) On-Time Delivery solution.

Procurement Solutions 62

Procurement Solutions Procurement Analytics Predictive Analytics Software Predictive Analytics 62

Logistics Viewpoints

OCTOBER 3, 2022

The toilet paper shortage was one of the COVID era events that taught people what the term “supply chain management” meant. It is common for pundits to look ahead and predict how an industry or profession will change. Multinationals knew that events could occur that could cost them tens, or hundreds of millions of dollars.

Agile and Lean Supply Chain 287

Agile and Lean Supply Chain Supply Chain Software Supply Chain Strategy Supply Chain 287

Supply Chain Shaman

SEPTEMBER 22, 2021

Executing an event in the middle of the Covid-19 pandemic is challenging. At the end of the presentation, I asked Allyson her perspective on open source analytics. We talk analytics but struggle to embrace the capabilities of the Art of the Possible. Top Challenges in the Adoption of New Forms of Analytics.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

BlueYonder

OCTOBER 4, 2022

Following on the heels of COVID-19, port closures, labor shortages and geopolitical conflict, climate change-related events are emerging as a significant source of supply chain disruption. have no alternative sites lined up, and no continuity plans , in the event of a climate-related disruption. Awareness Is Power.

Optimal Sourcing 81

Optimal Sourcing Supply Chain Planning Software Sourcing Modeling 81

ThroughPut

DECEMBER 5, 2023

Demand forecasting is the process of predicting future demand for a product or service, which helps businesses plan and allocate resources effectively. By accurately predicting future demand, businesses can better prepare for potential disruptions, such as supply chain disruptions, natural disasters, or changes in consumer behavior.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

Supply Chain Matters

MARCH 15, 2023

Supply Chain Matters highlights the upcoming MIT Center for Transportation and Logistics Crossroads 2023 event, along with the opportunity to attend in person at a discounted rate. ” This year’s event will again be held in-person, on the campus. Crossroads event registration site can be accessed at this registration web link.

Massachusetts 52

Massachusetts Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy 52

Logistics Viewpoints

JANUARY 18, 2024

Here, let’s explore 6 essential elements of AI-powered automation in supply chain planning & analytics, culminating in a powerful solution. Currently, she is COO and Head of Customer Success at Solvoyo, a leading supply chain planning and analytics SaaS company based in Boston.

Supply Chain Software 247

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Network Design Software 247

LevaData

JANUARY 23, 2020

Although there’s no shortage of annual predictions at this time of the year, we wanted to share some trends that consistently come up on our platform, across our customers and in the news. Risk management will evolve into a core strategic sourcing discipline. To manage, sourcing professionals will have to find ways to adapt.

Predictive Analytics Software 52

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Negotiating Skills 52

Logility

DECEMBER 29, 2020

By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Advanced analytics for manufacturing is a good place to start. Here are some common advanced analytics use cases for manufacturers. How can manufacturers manage disruption and improve productivity?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

ThroughPut

APRIL 15, 2024

It has the power to analyze vast datasets, predict future trends with remarkable accuracy, and adapt to changes in real time, offering businesses a competitive edge. Supply chain forecasting predicts future demand for products and services, inventory needs, and production planning based on historical data, market analysis, and current trends.

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Modeling 52

Adexa

JULY 17, 2023

Even real-time decision making is being replaced with before-the-time decision making by predicting events. By leveraging advanced analytics, machine learning, and automation, businesses can better predict demand, optimize inventory levels, reduce waste, and allocate resources efficiently. This was done within seconds.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 98

Elementum

DECEMBER 14, 2023

As intelligent systems learn from data, they become better at predicting outcomes, streamlining operations, and enhancing customer experiences. By leveraging machine learning algorithms and data analytics, businesses are able to automate complex tasks that were previously manual, enhancing efficiency and productivity.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Logistics Viewpoints

JANUARY 18, 2021

It reminds me of what I like to say about descriptive analytics and the dashboards people love. On the breadth dimension, we have a spectrum that includes point solutions out to alerts over a much broader range of events. There are supply chain visibility solutions for Risk, Source, Make, Deliver, and Returns/Recalls.

Real-time Visibility 276

Real-time Visibility Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 276

Supply Chain Matters

JUNE 30, 2022

In this Supply Chain Matters commentary, Executive Editor Bob Ferrari pens highlights of the 2022 Crossroads Event recently conducted by the MIT Center for Transportation and Logistics. This Editor had the opportunity to attend the MIT Center for Transportation & Logistics ( CTL ) 2022 Crossroads Event. Background.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 52

Enterra Insights

JUNE 30, 2022

The Resilinc Editorial Team observes, “Climate change and the extreme weather events it causes are becoming larger concerns for supply chain managers, their C-suite bosses, corporate boards, and major investors.”[1] Which types of events could potentially affect each site? ”[6] Last year wasn’t much better.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Design 130

Logility

APRIL 21, 2023

Now that businesses have better access to predictive forecasting technologies that leverage data from the past and present, such a one-sided approach to forecasting, analytics, reporting, and planning is no longer justifiable. But that doesn’t mean disruptions and risks that follow are entirely unavoidable.

Forecasting 130

Forecasting Forecasting Software Supply Chain Planning Software Big Data 130

Logistics Viewpoints

APRIL 1, 2021

Building optionality in the supply chain through collaborative sourcing: Supply chain teams can proactively identify choke points within the existing network by leveraging emerging technologies such as digital twins and advanced analytics, and modeling their end-to-end supply chains.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

Logility

MARCH 31, 2023

The key to outsmarting supply chain risks is assessing them within the categories they fit and planning responses with network-wide visibility, information gathering, and predictive and prescriptive analytics. Suppose your business encounters a catastrophic event that jeopardizes specific business areas.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Prescriptive Analytics Software Agile and Lean Supply Chain 130

Logility

AUGUST 11, 2023

For example, DENSO Corporation connected advanced analytics to its ERPs, CRMs, and business intelligence applications to transform data into meaningful insights. Producers are impacted by poor yields in the fields, soaring costs in growing and transporting crops, and fewer growers to source from.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Gartner Scenario Planning 191

NC State SCRC

JULY 5, 2019

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Analytics Software Procurement Solutions 40

GlobalTranz

APRIL 20, 2021

A resilient supply chain incorporates alternative sources, carriers, routes, and other characteristics so that it can flex in response to a situation. To increase resiliency, consider broadening the supplier base and adding local or near-shore sources. Pricing may vary significantly based on carriers and lanes and capacity constraints.

Supply Chain Planning Software 288

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Sourcing Strategies 288

Logility

DECEMBER 28, 2020

By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Advanced analytics for manufacturing is a good place to start. Here are some common advanced analytics use cases for manufacturers. How can manufacturers manage disruption and improve productivity?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

GlobalTranz

SEPTEMBER 23, 2021

Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. Descriptive analytics focuses on utilizing historical data to understand events that transpired and what happened within the network over a set period.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logistics Viewpoints

MAY 22, 2023

The purpose of data aggregation is, on one hand, to minimize the number of records you’ll be working with and, on the other hand, to reflect critical business patterns: order prioritization, customer segmentation, sourcing logic. Once you have a model in place, it becomes possible to play out various events and find the best way to react.

Supply Chain Design Software 179

Supply Chain Design Software Supply Chain Design Supply Chain Software Modeling Software 179

Logistics Viewpoints

OCTOBER 10, 2022

Risk management solutions scrape data from hundreds of thousands of online & social-media sites, but Autoliv also has access to sources of information that they pay for. They wanted these diverse sources of information pulled together in one central, user-friendly location they call their “garage.” And we are making progress.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

Talking Logistics

APRIL 17, 2018

The Hackett Group provides a useful visual for describing the maturity stages that supply chain is moving through as the industry strives to leverage data and advanced analytics. Supply Chain Analytics Maturity Model (Source: Hackett Group). Descriptive Analytics (What happened?). Predictive Analytics (What will happen?).

Prescriptive Analytics Software 116

Prescriptive Analytics Software Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 116

Invata Intralogistics

MARCH 10, 2024

Identifying the Risks Supply chain disruptions can originate from numerous sources, including but not limited to: Natural disasters: Earthquakes, hurricanes, and floods can halt production and logistics operations. Predictive analytics can forecast future trends and risks, allowing businesses to adjust their strategies proactively.

Supply Chain Software 52

Supply Chain Software Supply Chain Disruption Agile and Lean Supply Chain Supply Chain Strategy 52