Remove Inventory Remove Manufacturing Remove Predictive Analytics Remove Warehousing
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How analytics embedded in your ERP system can enable different manufacturing roles

SYSPRO Smarter ERP

Initially, companies rolled out business intelligence (BI) tools but as these solutions struggle to support a growing set of new use cases, companies are implementing embedded analytics (EA) in their ERP systems. A supply chain dashboard can help to track inventory levels, logistics management and warehouse operations from a single display.

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Digital Transformation in Logistics

Logistics Viewpoints

ARC Advisory Group, where I work, publishes an analysis of the 25 manufacturers with the most mature digital transformations. This report provides a cross-industry perspective on digital transformation in logistics including digital maturity in inventory management, transportation, fleet maintenance, safety and compliance, and more.

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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

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?

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Predictive Analytics: Supply Chain’s Cloudy Crystal Ball

Enterra Insights

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball.

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Your Guide to Understanding & Minimizing Inventory Costs (with Formula)

RFgen

Managing inventory costs is a constant struggle. Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. Managing inventory costs is important because high inventory costs can erode the bottom line.

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Data Analytics: The Secret Ingredient to Efficient Inventory Management

RFgen

Inventory drives the supply chain, ensuring the right amount of stock is available in the right place at the right time. That’s why most inventory handlers leverage data. The role of data analytics in optimizing inventory management processes has become increasingly important. Enter automated data collection.

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Inventory and Inflation

Enterra Insights

The irony of excess inventory. ”[3] He continues, “The past two years have been blighted by supply shortages — with just-in-time retailers struggling to ship their goods, electronics manufacturers staring down a shortage of computer chips, and supermarkets struggling to fill their shelves. ” Optimizing inventory.