SCMDOJO

JUNE 6, 2023

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. How does data analytics help supply chain optimization? Let’s explore the roles which data analytics play in this process. Why is it crucial? Download from the below link.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

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 identify near-term market shifts with greater precision.

Predictive Analytics Software 59

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

SYSPRO Smarter ERP

APRIL 17, 2023

This can lead to improved quality, reduced waste, and optimized production processes. Predictive analysis: Utilize BI solutions to predict future trends in demand for products or potential supply chain disruptions, enabling manufacturers to plan and make informed decisions while mitigating risks.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Analytics Software Predictive Analytics Software 98

EC Sourcing Group

JULY 26, 2022

Advanced analytics exceeds standard business intelligence (BI) using state-of-the-art technology and tools to create data asset information and real-time statistics. These diagnostic analyses help businesses predict market trends, optimize global supply chains, to make quicker, strategic decisions to pursue financial opportunities.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Predictive Analytics Sourcing Strategies 52

Logility

DECEMBER 29, 2020

By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Advanced analytics for manufacturing is a good place to start. Here are some common advanced analytics use cases for manufacturers. Quality Control. Optimizing Your Existing Assets.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

Logility

DECEMBER 28, 2020

By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Advanced analytics for manufacturing is a good place to start. Here are some common advanced analytics use cases for manufacturers. Quality Control. Optimizing Your Existing Assets.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

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

Supply Chain Planning Software Logility Demand Planning Software Analytics Software 130

ThroughPut

APRIL 30, 2024

ThroughPut AI: For Making Intelligent Decisions Across the Supply Chain Watch On-demand Demo ThroughPut AI has been recognized as a Leading Vendor in the prestigious 2023 Gartner Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain. The platform primarily helps predict demand and improve customer experience.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Elementum

FEBRUARY 7, 2024

This integration allows for the automation of straightforward tasks, freeing up resources for more complex processes that require AI’s predictive capabilities and decision-making. Predictive analytics forecast potential disruptions, allowing for proactive measures to minimize delays and enhance customer satisfaction.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

The seemingly miraculous capabilities of generative AI systems like ChatGPT (large language models, or LLMs, generating novel text and code), Dall-E (generating novel images), and Alphafold2 (protein structure prediction) come from exploiting this scale. These challenges require a strategic and systematic approach to overcome them.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Game Changer

JUNE 2, 2022

Helping Monitor and Improve Product Quality. have created opportunities for manufacturers to use the massive amounts of data they collect to monitor and improve the quality of their products. Any deviations in quality can be noted before the product leaves the conveyor belt. Reducing Downtime and Costs.

Manufacturing 113

Manufacturing Data Predictive Analytics Software Industrial 113

Intelligent Audit

OCTOBER 27, 2022

Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. The Best Analytical Techniques Around Big Data in the Supply Chain. Inventory Predictions. One solution is to turn to big shipping data.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Enterra Insights

DECEMBER 12, 2019

He noted, “Additive Manufacturing will eliminate or enhance tooling allowing for the quick development of custom tools, fixtures, and jigs to improve quality and through-put. … Advanced Robotics will help to reduce quality problems, lower worker’s compensation costs and reduce repetitive stress injuries. ”[4].

Analytics Software 100

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 100

Logility

MAY 27, 2020

Executives know that clear performance metrics are the starting point for supplier management. Ideally, your scorecard will encompass supplier quality and risk dimensions. Use a credible analytics platform. Predict supplier behavior. A solid supplier scorecarding program can drive big cost savings in the supply chain.

Analytics Software 130

Analytics Software Predictive Analytics Software Supply Chain Planning Software Optimization Software 130

synchrono

AUGUST 22, 2016

1 As such, more marketers have embraced inbound, or pull-based strategies that drive quality engagement (visits, downloads, clicks, views, likes/follows, etc.) We use these technologies to track levels of contact engagement and conversion ratios to develop more predictable buying cycle patterns and pipeline forecasts.

Metrics 40

Metrics Demand Planning Software Modeling Software Analytics Software 40

Arena Solutions

JUNE 5, 2023

Quality and Regulatory Alignment for Audit Readiness Full transcript below: Wendy Levine Welcome to today’s webinar, exploring “Quality and Regulatory Alignment for Audit Readiness.” So, Arena is a cloud-native system that controls product lifecycle as well as your quality processes. I like to think if I can do it, anyone can.

Quality 52

Quality Supply Chain Design Software Supply Chain Planning Software Analytics Software 52

Logility

NOVEMBER 20, 2020

The foundation of supply chain analytics is the desire to let objective, relevant information drive action – in other words, to empower and enlighten employees about data and to make decisions after they’ve looked carefully at “just the facts,” with the help of well-designed supply chain dashboards.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Design Analytics Software Supply Chain Software 139

QAD

JUNE 20, 2023

Operations and manufacturing managers always look at metrics on productivity, schedule adherence, downtime and other critical production data. They can collect data on production processes, inventory levels, machine performance and other relevant metrics.

Optimal Sourcing 90

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 90

SCMDOJO

JUNE 14, 2023

Implement a Quality Control Process Implementing a quality control process can help ensure that all shipments meet your company’s standards and requirements. Implement Performance Metrics Implementing performance metrics can help you track the efficiency and effectiveness of your “money zone” and identify areas for improvement.

Supply Chain Optimization 94

Supply Chain Optimization Supply Chain Planning Software Supply Chain Planning Supply Chain Software 94

ToolsGroup

DECEMBER 16, 2021

Customers are in control, and retailers who fail to accurately predict demand, buying and allocating just the right stock to just the right stores at the are doomed to fail. Set clear objectives and KPIs for the metrics we discussed above, and make swift moves to meet them. What is Lean Retail?

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

Logility

MARCH 6, 2020

Machine Learning for demand forecasting has matured to a level of accuracy, transparency and replicability that translates into transformative results, including in these five areas: Accuracy, transparency, thoroughness of analytical options and results. Analytical processing speed and accelerated corporate learning.

Forecasting 260

Forecasting Supply and Demand Forecasting Software Modeling 260

ThroughPut

MARCH 15, 2024

It’s no wonder that a KPMG study has found that 50% of supply chain organizations plan to invest in artificial intelligence (AI) applications and advanced analytics capabilities through 2024. The quality of your AI model largely depends on the quality of your data input. Or did it improve margins by 7%?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

ThroughPut

MARCH 15, 2024

It’s no wonder that a KPMG study has found that 50% of supply chain organizations plan to invest in artificial intelligence (AI) applications and advanced analytics capabilities through 2024. The quality of your AI model largely depends on the quality of your data input. Or did it improve margins by 7%?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 52

OptiProERP

JANUARY 17, 2024

While the overall trend is toward more integrated and flexible systems that can process voluminous amounts of data, yielding analytics and metrics for improved decision-making, a majority of manufacturers still have yet to commit to the newer, “smarter” technologies.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Design Software Supply Chain Planning Software 52

The Logistics & Supply Chain Management Society

JULY 20, 2020

Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive analytics will quicken demand response and involve product-use insights to improve accuracy against external factors affecting demand (e.g. This boosts revenues and optimises inventory.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Logility

APRIL 23, 2020

So, the promise of using statistical algorithms, forecasting and predictive analytics is now added to the list of a company’s number one priorities. In far too many cases, forecasts are done as a fishing expedition where analysts run the data through predictive algorithms to see what “pops.” One may ask, “What’s next?”

Forecasting 148

Forecasting Forecasting Software How To Procurement Analytics 148

Precoro

DECEMBER 11, 2023

With strategic sourcing, historical and current data are collected in order to analyze established processes, predict market requirements, maximize purchasing power, and align purchasing strategy with organizational objectives. In the strategic sourcing process, the price is just one component of the big picture.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Locus

OCTOBER 17, 2023

After all analytical discussions, the NFL scout has the final say before the manager decides if the player is worth signing. They leverage the power of analytics to narrow down the prospects and select those few players who can drive the team to glory. These metrics prove to be an early indicator of the future success of NFL players.

Cost Reduction Strategies 52

Cost Reduction Strategies Analytics Software Price Mitigation Strategies Supply Chain Planning Software 52

Enterra Insights

JUNE 6, 2023

Exposure to numerous scenarios and what-if questions means that organizations are much better prepared if the future doesn’t unfold in exactly the way their plan predicts. … Decision quality for a planner can only be achieved if a planner chooses one of multiple significantly different scenarios. 3] Michael C.

Resource Reduction 130

Resource Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 130

Arkieva

JUNE 28, 2016

Our focus today is to discuss the relevance of buzz words such as Analytics, Predictive Analytics, Data Science, and Machine Learning, for S&OP. What is analytics? We might use “availability in Excel directly or with Add-ons” as an “age metric’.). The term analytics emerged over the last 10 years (Rose, R.

S&OP 63

S&OP Procurement Analytics Analytics Software Supply and Demand 63

Locus Robotics

JANUARY 2, 2024

Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs. Learn how these innovations are transforming logistics operations.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Unleashed

OCTOBER 31, 2023

Workforce optimisation vs workforce management Workforce optimisation emphasises staff development and quality assurance at the employee level. But unlike workforce management, workforce optimisation also monitors your employee’s quality and performance to reveal if further training or upskilling is required. Both use scheduling tools.

Waste Reduction 52

Waste Reduction Inventory Reduction Resource Reduction Cost Reduction Strategies 52

Locus Robotics

JANUARY 2, 2024

Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs. Learn how these innovations are transforming logistics operations.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

RFgen

MARCH 10, 2023

Be sure to measure current order picking metrics, such as: Picking accuracy Picking rate Fill rate On-time rate Travel time You may also need to evaluate other relevant inventory KPIs. For example: Inventory accuracy / error rate Order turnaround / cycle time Cost per order And any other metrics valuable to your operation.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Inventory Reduction Cost Reduction Strategies 52

Enterra Insights

JUNE 17, 2022

This helps city authorities to intelligently manage their assets, increase efficiencies, revolutionize transport, reduce costs, and in theory, enhance overall quality of life for residents.” He writes, “PredPol is an American predictive analytics program, used by dozens of police departments.

Predictive Analytics Software 130

Predictive Analytics Software Supply Chain Network Software Analytics Software Supply Chain Planning Software 130

ThroughPut

MAY 3, 2024

With the automation of various tasks and several risk forecasting and predicting techniques being used across several areas, logistics management sees a massive shift in the coming few years. This is across route optimization, traffic management, inventory movement, and predictive maintenance. have to seamlessly integrate with it.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Silvon Software

APRIL 11, 2024

Without analytical tools and methodologies, navigating through vast amounts of data can be overwhelming. Nonetheless, when harnessed through analytics, data transforms into a powerhouse of valuable insights. Data stands as the cornerstone of the global economy, offering significant leverage to businesses poised for expansion.

Predictive Analytics 92

Predictive Analytics Analytics Software Analytics Sourcing Strategies 92