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The Power of Predictive Analytics in the Supply Chain

Enterra Insights

One of the most recent tools being adopted by businesses is predictive analytics. As the introduction to an edited volume on the subject explains, “Predictive analytics is the art and science of proposed predictive systems and models. Predictive analytics plays an essential role in the digital era.

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Predictive Analytics and Future Supply Chains

Enterra Insights

That’s why spending on supply chain advanced analytics is on the rise. Analysts from River Logic write, “The importance of supply chain analytics is demonstrated by predictions that the market will grow at a CAGR of 17.3% Cognitive technologies and predictive analytics. ”[2]. .” ”[2].

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Supply Chain Predictive Analytics: Benefits, Use Cases and Growth Potentials

ThroughPut

Thanks to the more advanced forms of supply chain analytics like predictive analytics, supply chains are proactively looking into the future and prepping for “what is to come” rather than only ruminating over “what already happened.” What Is Predictive Analytics for Supply Chain?

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BI and AI for Logistics with Brad Young

The Logistics of Logistics

Brad Young and Joe Lynch discuss BI and AI for logistics. Brad is a Principal at Third Axiom Solutions , a quick and cost-effective solution for delivering AI-based transportation analytics to your company and customers. In the podcast interview, Brad and Joe discuss the use of BI and AI in logistics.

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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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The Role of Digitisation and Analytics in Supply Chain Resilience

The Logistics & Supply Chain Management Society

The Role of Digitisation and Analytics in Supply Chain Resilience. by Dr Shereen Nassar – Global Director of Logistics Studies and Supply Chain Management Programmes Heriot-Watt University Dubai. Analytics for Diversifying the Supply Base. Digital applications and analytics can support and inform effective decisions.

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Robots Take Center Stage at MODEX 2024

Logistics Viewpoints

MODEX is the leading trade show for supply chain, logistics, and material handling solutions in North America. From autonomous mobile robots (AMRs) to collaborative robots (cobots) to industrial robots, robots are transforming the way goods are moved, stored, picked, packed, and shipped.