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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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

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Enterra Insights

APRIL 21, 2021

” Data and Advanced Analytics in Industry 4.0 Industry 4.0 Venkat Viswanathan ( @venkatlv ), Founder and Chairman of LatentView Analytics, explains, “There has been a lot of talk about the enormous potential and market opportunity for smart factories. They include: Inventory Optimization.

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SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices.

Manufacturing Procurement 105

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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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ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management?

Inventory Management Software 98

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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

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The Logistics of Logistics

OCTOBER 30, 2023

Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization.

Optimal Sourcing 242

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 242

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

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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. Accurate demand forecasting enables businesses to optimize their production, inventory management, and pricing strategies, resulting in maximized profits and customer satisfaction.

Supply and Demand 52

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Vanguard Software

MAY 18, 2021

Digital platforms offer significant benefits over spreadsheets for inventory management. However, for companies that want to benefit from predictive analytics and seamless collaboration, spreadsheets do not offer sufficient functionality to keep up with the growing complexities of the supply chain world.

Inventory Management Software 52

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Vanguard Software

MAY 18, 2021

Digital platforms offer significant benefits over spreadsheets for inventory management. However, for companies that want to benefit from predictive analytics and seamless collaboration, spreadsheets do not offer sufficient functionality to keep up with the growing complexities of the supply chain world.

Inventory Management Software 52

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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

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ThroughPut

APRIL 30, 2024

Fortunately, a solution is emerging that not only relieves these pains but also transforms them into competitive advantages: AI forecasting, a paradigm shift in supply chain management. Demand planning, inventory management, production scheduling, and distribution planning are the components of supply chain forecasting.

Forecasting 52

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SCMDOJO

APRIL 9, 2024

From the ubiquity of the Internet and various electronic gadgets, we are now in the era of next-level digital space where businesses and individuals can easily leverage the power of cloud computing, big data analytics, AI, and the Internet of Things (IoT). The market for logistics robotics is predicted to reach $6 billion by 2027.

Supply Chain Design Software 76

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Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

Optimal Sourcing 219

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The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Applying innovation to supply chains, combines innovative technologies like the Internet of Things (IoT), analytics, and robotics to supply chain management to improve performance and meet customer demands. One solution to this problem is centralized distribution and real-time inventory management. As Industry 4.0

Supply Chain Disruption 246

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NC State SCRC

JANUARY 1, 2023

As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. These predictions are perhaps not completely original – but they represent what I think will be important guidelines for supply chain executives to consider.

Predictive Analytics Software 94

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Enterra Insights

AUGUST 15, 2023

Big Data Analytics and AI are at the forefront of this technological revolution, offering unprecedented opportunities for retailer agencies and agents to optimize their operations and enhance customer experience.”[1] They are: • Driving Innovation with Data Analytics. Transforming Inventory Management. .”

Supply Chain Planning Software 130

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ThroughPut

APRIL 15, 2024

Fortunately, a solution is emerging that not only relieves these pains but also transforms them into competitive advantages: AI forecasting, a paradigm shift in supply chain management. Demand planning, inventory management, production scheduling, and distribution planning are the components of supply chain forecasting.

Forecasting 52

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ModusLink Corporation

APRIL 22, 2024

End-to-end management of component procurement, inventory management, and JIT delivery. Dynamic inventory optimization to minimize lead times and reduce costs. Continuous improvement initiatives driven by data analytics and feedback mechanisms.

Electronics 78

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Material Handling & Logistics

JANUARY 10, 2018

While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Predictive analytics will alter the future of the supply chain. 2018 will be about predicting the future, not just about understanding the present.

Predictive Analytics Software 96

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Intelligent Audit

MAY 27, 2021

Many businesses in the transportation and logistics industry use retail supply chain analytics to predict the future. By leveraging historical information and data, experts can predict how to optimize revenue. Using these analytics can be incredibly helpful for even the most inexperienced practitioner.

Analytics Software 52

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Intelligent Audit

MAY 27, 2021

Many businesses in the transportation and logistics industry use retail supply chain analytics to predict the future. By leveraging historical information and data, experts can predict how to optimize revenue. Using these analytics can be incredibly helpful for even the most inexperienced practitioner.

Analytics Software 52

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Logility

JUNE 15, 2021

Food and beverage companies can use demand sensing to predict sudden market trends and prepare for actual supply needs. To accurately predict short-term demand, a demand sensing solution can be an asset in their forecasting toolkit. Advanced inventory management. What is Demand Sensing and Why Is It Important for F&B?

Supply and Demand 147

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ThroughPut

MARCH 28, 2024

Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions. Artificial Intelligence in supply chain helps track products from harvest to distribution channels and manage inventories with greater accuracy. All for the good.

Case Study 52

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ThroughPut

APRIL 17, 2024

The use of artificial intelligence in supply chain management is only gaining more and more momentum with each passing year. AI with its predictive capabilities is helping companies make more informed decisions, automate processes and optimize efficiency like never before. Supply Chain Tracking Has Evolved (Pretty) Fast!

Supply Chain Planning Software 52

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The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

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Unleashed

FEBRUARY 29, 2024

Retail software, also called retail management software, refers to digital systems used by retail organisations to manage various business activities, including stock control, payment processing, customer management, and bookkeeping.

Prescriptive Analytics Software 52

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EazyStock

OCTOBER 10, 2018

Processing a large volume of information the main benefit of big data analytics. High data volumes present the biggest challenge to conventional IT structures since on-premise solutions typically do not have the capacity to manage large datasets. Variety – The different forms of data sources.

Inventory Management Software 45

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Enterra Insights

DECEMBER 19, 2023

This advanced technology, which mimics human thought processes, is poised to revolutionize the way retailers interact with their customers, predict trends, and make strategic decisions.”[2] As the ISP.PAGE staff notes, “Traditionally, retailers have relied on historical data and basic analytics to understand their customers.

Optimal Sourcing 130

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Silvon Software

JUNE 4, 2019

Globalization is also complicating OTIF because many manufacturers operate their sourcing, production and distribution systems around the world – making it more difficult for them to accurately predict their service levels. Because it requires pulling data from several sources to try to determine why a delivery missed its window.

Analytics Software 67

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Logility

SEPTEMBER 9, 2021

When sustainable techniques and tools are added to the supply chain, businesses can increase the efficiency of infrastructure and processes like supply, monitoring, and prediction of demand. Connecting demand predictability, lead time, and customer satisfaction. Four Goals of Economic Supply Chain Sustainability.

Supply Chain Planning Software 195

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RFgen

MAY 26, 2023

In the world of inventory management, stockouts and overstocking can be detrimental to business success. To stay ahead in today’s highly competitive market, organizations must adopt smart strategies for avoiding inventory stockouts and overstocking. Therefore, JIT inventory management may not be for everyone.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 52

Logility

MAY 25, 2023

Inventory control is the act of managing and organizing stock to meet customer demand without surplus or deficiency. Poor inventory management can lead to stockouts, overstocks, or worse, lost customers. This is where inventory control techniques come in. billion each year.

Inventory Reduction 130

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Enterra Insights

JULY 14, 2021

the IoT), and analytics (i.e., Jim Chappell ( @JamesPChappell ), Global Head of AI and Advanced Analytics at AVEVA, explains, “Real-time and historical data is typically used for trending, reporting, and HMI visualization. ” Risk Management. ” Inventory Management. ”[7].

Supply Chain Planning Software 130

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QAD

JUNE 20, 2023

Predictive Maintenance and Reduced Downtime Connected devices and sensors on the shop floor can provide valuable insights into equipment performance and health. Predictive maintenance enables proactive repairs, reducing unplanned downtime and improving overall equipment effectiveness.

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