Logistics Viewpoints

MARCH 27, 2024

The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory. Some of the applications of AI and ML in supply chain robotics include vision systems, natural language processing, predictive analytics, and reinforcement learning.

Analytics Software 215

Analytics Software Predictive Analytics Software Optimization Software Inventory Management Software 215

RFgen

MAY 16, 2023

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.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

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

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. With rapid fluctuations and uncertainty, predicting customer demand is like shooting in the dark.

Predictive Analytics Software 59

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

Invata Intralogistics

MARCH 9, 2024

In the swiftly changing world of logistics and supply chain management, the advent of automated warehousing stands as a transformative force, offering unmatched efficiency, speed, and dependability in handling inventory. Enhanced Decision Making AI predicts potential issues and recommends the most effective maintenance strategies.

Warehousing 52

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Logility

OCTOBER 18, 2022

It’s an undeniable mess, and while you can’t always predict supply chain disruptions, it doesn’t mean you can’t be better prepared, with disruptions big and small now an accepted inevitability. The Power to Predict Supply Chain Disruptions. Rethink just-in-time inventory policies: There could be another pandemic or another war.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

Logility

MAY 25, 2023

In today’s fast-paced and unpredictable global market, the secret to maintaining a competitive edge lies in a key area—robust inventory control techniques. Inventory control is the act of managing and organizing stock to meet customer demand without surplus or deficiency. This is where inventory control techniques come in.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Inventory Optimal Sourcing 130

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.

Analytics Software 130

Analytics Software Big Data Predictive Analytics Price Reduction 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

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?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

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

Logility

JANUARY 4, 2022

Planalytics’ weather-driven demand analytics help businesses stay ahead of never-ending sales variability. Logility customers can leverage Planalytics weather-driven demand analytics to factor in the weather’s influence on top line revenue and product/category sales across specific time periods and locations. ATLANTA – Jan.

Supply Chain Planning Software 130

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AIMMS

FEBRUARY 13, 2018

In today’s business environment, you can’t remain competitive without mastering analytics. S till, most companies are “not very far” when it comes to implementing analytics and garnering benefits from data, as a recent survey from CSCMP suggests. Not enough managers are fluent in the language of analytics.

Analytics Software 250

Analytics Software Predictive Analytics Network Optimization Software Optimal Sourcing 250

ModusLink Corporation

SEPTEMBER 7, 2023

Inventory Management Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

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

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?

Analytics Software 78

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 78

ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 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

Logility

AUGUST 31, 2022

It’s a complex problem, but you can successfully optimize inventory levels with the right approach and technology. With all of today’s supply chain disruptions, and new ones no doubt lurking around the corner, companies without optimized inventory are risking overpaying and underperforming. Inventory Optimization Challenges.

Supply Chain Planning Software 130

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

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. For instance, adjustments in order volumes trigger immediate updates to demand, inventory, supply, production, and transportation plans.

Supply Chain Software 248

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Clear Spider

MARCH 21, 2024

AI inventory solutions create more powerful and adaptive supply chains. One of the key drivers of supply chain resilience is the use of artificial intelligence and machine learning algorithms in inventory management. AI makes use of the endless stream of data collected through inventory management devices and cloud-based applications.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Predictive Analytics Software 52

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

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

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

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

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

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

AIMMS

FEBRUARY 13, 2018

In today’s business environment, you can’t remain competitive without mastering supply chain analytics. S till, most companies are “not very far” when it comes to implementing analytics and garnering benefits from data, as a recent survey from CSCMP suggests. L everaging analytics at scale is hard.

Analytics Software 156

Analytics Software Predictive Analytics Network Optimization Software Supply Chain Planning Software 156

ThroughPut

APRIL 17, 2024

AI with its predictive capabilities is helping companies make more informed decisions, automate processes and optimize efficiency like never before. As 2024 rolls out, we decided to take you through a few trends, predictions, challenges and considerations to make supply chains future-ready with AI.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Optimal Sourcing 52

BlueYonder

OCTOBER 24, 2023

It’s industry giants that (in the words of the Harvard Business Review ) “operate at the leading edge” of AI and analytics. But, Pujari noted, retailers were leveraging predictive AI and machine learning (ML) long before ChatGPT became a household term. The Source : This company is Canada’s largest tech retailer. The results?

Analytics Software 96

Analytics Software Predictive Analytics Software Forecasting Software Supply Chain Software 96

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. AI in inventory management.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

Requis

FEBRUARY 19, 2021

He is based in Germany, and, as a founding partner of the supply chain practice at McKinsey & Company , consults on a variety of supply chain-related business problems, including S&OP and advanced analytics. The constraint was capacity and this was a challenge since it was leading to shortages in inventory.

Predictive Analytics 52

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

Alloy

DECEMBER 13, 2022

Alloy’s strong customer satisfaction and market presence has landed us in the leader quadrant in Retail Analytics and the high performer quadrant for Demand Planning in the 2023 G2 Winter Grid Report. Satisfaction with Alloy’s ease of use was rated at 98% in Retail Analytics. 100% of users rated Alloy at 4 or 5 stars.

Supply and Demand 52

Supply and Demand Alloy Analytics Software Demand Planning 52

Alloy

DECEMBER 13, 2022

Alloy’s strong customer satisfaction and market presence has landed us in the leader quadrant in Retail Analytics and the high performer quadrant for Demand Planning in the 2023 G2 Winter Grid Report. Named a Leader in Retail Analytics and a High Performer in Demand Planning appeared first on Alloy.ai. The post Alloy.ai

Supply and Demand 52

Supply and Demand Analytics Software Demand Planning Supply Chain Planning Software 52

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. Overstocking occurs when a business has too much inventory on hand.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 52

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 217

Optimal Sourcing Analytics Software Supply Chain Planning Software Procurement Analytics 217

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193