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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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Reports of Easing Global Supply Chain Volatility in July

Supply Chain Matters

Global Supply Chain Pressure Index. According to the July 2022 Global Supply Chain Pressure Index (GSPI) , compiled and published by the Federal Reserve Bank of New York , overall pressures reportedly declined once again in July. This index was reported as 1.84 reported for June, and 2.59 reported for May.

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The Annual State of U.S. Logistics Report – Added Candidness and Need for More Synchronization

Supply Chain Matters

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. For 2021, U.S. percent to $1.85

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A Brief History of B2B Data Sharing – and What’s In Store

NC State SCRC

Over the decades, EDI standards emerged that cover a variety of supply chain artifacts and activities , from Purchase Orders & Acknowledgements (EDI 850 & 855) to Invoices (EDI 810) to Shipping Manifests (EDI 856). Finding toilet paper resembled a Hunger Games quest.

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Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

During a short term planning (less than one month), they pay much attention to the coordination between purchasing, production and sales. Steve Jobs invited the Tim Cook to help to improve Apple''s Supply Chain in 1998. The answer is that they use the multi-echelon inventory model to solve the problem.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Industry professionals have put in tireless hours and taken strategic measures to keep the supply chain moving and meet customer demand. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities.

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Supply Chain and Logistics Predictions for 2016

Talking Logistics

That said, there are several high-level trends and factors that will impact supply chain and logistics strategies and operations in 2016: Oil Prices : Just a few years ago, there was plenty of talk about oil prices potentially reaching $300 per barrel and the impact it would have on supply chain and logistics networks and processes (e.g.,