EC Sourcing Group

JULY 26, 2022

Advanced analytics exceeds standard business intelligence (BI) using state-of-the-art technology and tools to create data asset information and real-time statistics. These diagnostic analyses help businesses predict market trends, optimize global supply chains, to make quicker, strategic decisions to pursue financial opportunities.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Predictive Analytics Sourcing Strategies 52

Silvon Software

APRIL 18, 2024

Insights gleaned from robust data analytics enable core business areas to identify opportunities for risk reduction, enhance operational efficiencies, and foster strategic initiatives that drive business growth. Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 52

SCMDOJO

APRIL 4, 2023

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?

Prescriptive Analytics Software 110

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Enterra Insights

MAY 23, 2022

Violino notes, “It’s one thing to gather large amounts of data and apply analytics to it; lots of organizations are doing that. ” Corporate leaders are always seeking the best return on investment (ROI) and, in the digital era, no investment return is more important than one obtained through advanced analytics.

Analytics Software 130

Analytics Software Procurement Analytics Predictive Analytics Analytics 130

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

Supply Chain Matters

JANUARY 17, 2024

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares excerpts of our fifth prediction that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory. In this posting, we share excerpts of our fifth prediction.

Predictive Analytics Software 52

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Logistics Viewpoints

MARCH 27, 2024

Some of the applications of AI and ML in supply chain robotics include vision systems, natural language processing, predictive analytics, and reinforcement learning. NLP can also help robots to access and process information from various sources, such as manuals, databases, or websites.

Analytics Software 214

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LevaData

SEPTEMBER 29, 2021

But what do these insights and analytics comprise? Supply Risk Navigator goes above and beyond traditional risk assessments; LevaData’s solution takes it a step further, generating and presenting accurate, predictive insights alongside clear, detailed recommendations to ensure enterprises have all the information needed to mitigate missteps.

Optimal Sourcing 81

Optimal Sourcing Material Savings Negotiating Skills Negotiate Pricing 81

Supply Chain Collaborator

NOVEMBER 21, 2019

More importantly, how does a shipper synthesize the seemingly endless stream of conflicting market analysis into proactive plans that avoid simple, reactive responses to the often confusing and counter-intuitive moves in the market? . – Realize the goal of cutting through the static using analytics as a “knife” in your TMS.

Predictive Analytics 91

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ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Invata Intralogistics

MARCH 9, 2024

Artificial Intelligence (AI) transforms the approach to maintenance from reactive to predictive, ensuring that operations run smoothly and continuously. Understanding Predictive Maintenance Predictive maintenance utilizes data analysis tools and techniques to identify irregularities and forecast equipment malfunctions before they happen.

Warehousing 52

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The Logistics & Supply Chain Management Society

JANUARY 3, 2023

2022 Realities vs 2023 Predictions. To successfully manage the impact, automated alerts inform those who can act, like modern GPS directional systems that alert drivers to traffic delays along a route. 2022 Realities vs 2023 Predictions. The Green Corridor: Predictions Are In The Green! Weathering the Trade Policy Storm.

Predictive Analytics Software 130

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QAD

MARCH 27, 2024

Therefore, a crucial step to take into consideration is where you store the information. You also might have different departments using different tools to house their information. It’s fair to say that your information is likely not unified in one system offering a single source of truth.

Supply and Demand 52

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Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

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

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

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The Logistics of Logistics

AUGUST 28, 2023

She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools. DAT.com provides real-time information on trucking rates, capacity, and market trends, allowing users to make informed decisions.

Logistics Network Optimization Software 240

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 240

GlobalTranz

JANUARY 17, 2017

So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing.

Manufacturing Procurement 120

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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

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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

ThroughPut

NOVEMBER 28, 2023

Supply chain analytics combines powerful algorithms, data, and the latest technologies like Artificial Intelligence and Machine Learning to address the most elusive challenges in the supply chain right now – visibility and control. And that’s precisely what’s on the horizon for supply chain analytics.

Prescriptive Analytics Software 52

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Enterra Insights

JANUARY 16, 2020

.”[2] He continues, “Whereas once those assets were safely confined within the enterprise, the confluence of mobile technologies, the cloud, the Internet of Things, edge computing, containerization, social media, and big data itself has shifted the onus of data management to external, decentralized sources.” Prediction 1.

Big Data 100

Big Data Predictive Analytics Software Predictive Analytics Prescriptive Analytics Software 100

Logility

JUNE 27, 2018

Analytics are literally everywhere. Open any supply chain periodical, blog, or report and chances there is a discussion around the importance of analytics. An important goal of a supply chain analytics initiative is to enable better business decisions that improve operating results and allow you to be more responsive to customer needs.

Prescriptive Analytics Software 113

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 113

Enterra Insights

FEBRUARY 19, 2020

Although each of these activities has value, new analytical tools are available to help business leaders predict what could happen in the future and assist them in deciding how to proceed. As AI and machine learning continue to develop, the way we use analytics also continues to grow and change. Types of analytics.

Prescriptive Analytics Software 100

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Enterra Insights

APRIL 21, 2021

Despite access to a wealth of data, they were often unable to use it to gain the overarching and accurate view of their business needed to plan for growth, make informed business decisions, and respond to disruptions. ” Data and Advanced Analytics in Industry 4.0 Industry 4.0 In fact, it already is.”

Analytics Software 130

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Supply Chain Network

APRIL 5, 2018

Most in the know will agree that the amount and sources of Big Data available around supply chains continues to grow geometrically because of increased use of Internet of Things (IoT) technologies, Satellite Tracking (AIS/Automatic Identification System) for ships as well as emerging implementations leveraging blockchain technology.

Predictive Analytics 79

Predictive Analytics Predictive Analytics Software Analytics Software Big Data 79

Silvon Software

APRIL 1, 2024

Addressing More Complex Issues with Operational Reporting As technology progresses in business intelligence (BI), it’s time to reconsider the traditional divide between operational reporting and strategic analytics. Strategic analytics, on the other hand, is often associated with reporting from an analytical data source like a data hub.

Procurement Analytics 58

Procurement Analytics Analytics Software Predictive Analytics Analytics 58

Silvon Software

AUGUST 8, 2022

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. But how can organizations best use data analytics to enhance their supply chain management efforts? Make supply chain analytics broadly available.

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

Logility

JUNE 28, 2018

Analytics are literally everywhere. Open any supply chain periodical, blog, or report and chances there is a discussion around the importance of analytics. An important goal of a supply chain analytics initiative is to enable better business decisions that improve operating results and allow you to be more responsive to customer needs.

Prescriptive Analytics Software 101

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 101

Enterra Insights

JANUARY 7, 2020

Predictions are normally based on how specific areas are going to respond to current trends. One area in which there is no shortage predictions is the supply chain. As I noted above, predictions are normally based on how specific areas are expected to respond to current trends. Supply chain predictions. Prediction 1.

Predictive Analytics Software 100

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 100

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

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Cloud technology allows organizations to combine all supply chain and logistics information into a single, central solution. Centralized information eliminates data silos and strengthens information sharing through real-time communication (instead of point-to-point data transmission). Advanced and predictive analytics.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

QAD

JULY 29, 2021

And does he know that he is entering the era of Augmented Analytics? What is Augmented Analytics? Augmented Analytics is an approach of data analytics that employs the use of Machine Learning (ML) technology and natural language processing (NLP) to automate analysis processes normally done by a specialist or data scientist.

Analytics Software 98

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