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. What is Supply Chain Analytics? Supply chain analytics makes it possible for businesses to collect data, analyze that data, and make informed decisions.

Prescriptive Analytics Software 52

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Logility

JANUARY 12, 2021

You’re committed to rolling out an analytics platform across your supply chain and you have tons of data. There are many ways to view data, but those that are particularly useful in supply chain analytics are reporting, score carding, dashboarding and benchmarking. So how do you turn that data into actionable information? Dashboarding.

Prescriptive Analytics Software 131

Prescriptive Analytics Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 131

ThroughPut

MAY 3, 2024

and making smart moves in real-time, as everything around keeps shifting. With the help of the best Logistics Management Software, you can effectively manage the multifaceted process involved right from the production cycle to the delivery of raw materials to shipping the finished products to the consumers.

Procurement Solutions 52

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Locus

JULY 10, 2023

Let’s look at the numbers for a moment: Statista predicts that global e-commerce sales will hit an astounding $8.1 Read also: Retailer guide to peak season shipping But there’s a catch. We’ve discussed at length the role of route optimization , order management, and reducing Time Under The Roof , among others.

Supply Chain Optimization 52

Supply Chain Optimization Real-time Visibility Optimization Software Agile and Lean Supply Chain 52

GlobalTranz

SEPTEMBER 23, 2021

Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? transportation metrics ?that Focusing on the?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

SCMDOJO

JUNE 14, 2023

But before we get to that, let’s establish why supply chain visibility matters. Why Supply Chain Visibility Matters In the First Place Supply chain visibility refers to the ability to track and monitor products as they move through the supply chain. Having supply chain visibility is crucial for several reasons.

Supply Chain Optimization 95

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Intelligent Audit

OCTOBER 27, 2022

One solution is to turn to big shipping data. 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.

Big Data 52

Big Data Predictive Analytics Analytics Software Optimal Sourcing 52

Logistics Viewpoints

JUNE 1, 2023

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. Now the use of AI/ML is expanding beyond finding insights in data and providing predictions for the future.

Supply Chain Planning Software 197

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Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. What is On Time in Full? OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

ShipBob

DECEMBER 13, 2023

The strongest inventory health indicators (& how to monitor them) Monitoring key inventory KPIs is essential if you want to keep your inventory’s health in good shape. These metrics provide valuable insights into how well your inventory is managed. Here are 7 ways you can optimize the health of your inventory.

Optimal Sourcing 52

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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

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ThroughPut

NOVEMBER 15, 2022

In fact, logistics goes one step ahead to align the complex operations of transportation and shipping, import and export operations, warehousing, inventory management and production scheduling, with the organizations’ overall goals. Ambiguity in Inventory Visibility, Tracking, and Management. THE CHALLENGE. THE SOLUTION.

Handbook 52

Handbook Inventory Reduction Resource Reduction Cost Reduction Strategies 52

ShipBob

JANUARY 28, 2022

In this article, we break down what inventory KPIs entail, why they matter, and which metrics are most valuable for you to track. . What are KPIs & why are they important for your inventory management? You can easily track these KPIs in an inventory management system (IMS) or enterprise resource planner (ERP).

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Enterra Insights

AUGUST 18, 2021

Inventory embedded with the proper sensors can be tracked in real-time via the IoT. Supply chain journalist Catherine Metcalf explains, “Businesses can now place IoT sensors with a variety of components to help manage inventory more efficiently. ” Visibility and Traceability. Asset Management.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

ShipBob

JULY 2, 2021

Though technology and automation have been involved in the supply chain for quite some time, what once seemed impossible is now becoming part of a new reality, from self-driving trucks to artificial intelligence (AI). . In traditional logistics, forecasting demand was a big challenge and hard to predict. Real-time monitoring.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 98

Unleashed

DECEMBER 21, 2023

Accurately forecasting customer demand Accurately predicting future demand for products can be a significant challenge for inventory managers. Inventory that was once in high demand may become obsolete, requiring agile adjustments to prevent excess stock. Rapid changes in consumer needs can catch businesses off guard.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Locus

JANUARY 10, 2024

Rather than predicting the demand for one store and a limited number of SKUs, there’s a need to predict stock levels for each store and channel independently. Creating a truly efficient shelf replenishment plan goes beyond the simple act of restocking inventory. Analyze the quantity and frequency of reordering.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Waste Reduction 52

SCMDOJO

JUNE 14, 2023

For instance, a company can define and execute an order processing pipeline with Orchestration, which automates an order’s creation, tracking, and shipping. This eliminates manual tasks like creating shipping labels, making order processing more efficient and cost-effective.

3PL 80

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 80

ThroughPut

APRIL 10, 2020

With the help of a sound Logistics Management Software, manufacturers can effectively manage the multifaceted process involved right from the production cycle to the delivery of raw materials to shipping the finished products to the consumers. Ambiguity in inventory visibility, tracking, and management.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

With the help of a sound Logistics Management Software, manufacturers can effectively manage the multifaceted process involved right from the production cycle to the delivery of raw materials to shipping the finished products to the consumers. Ambiguity in inventory visibility, tracking, and management.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

With the help of a sound Logistics Management Software, manufacturers can effectively manage the multifaceted process involved right from the production cycle to the delivery of raw materials to shipping the finished products to the consumers. Ambiguity in inventory visibility, tracking, and management.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ShipBob

APRIL 26, 2023

Whichever shipping carriers were still operational were stretched beyond capacity, which meant that customers had to wait for much longer to receive their goods. The 2021 Suez Canal blockage , for example, put a temporary stop to a major portion of the global shipping industry.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

GlobalTranz

APRIL 14, 2017

Transportation management systems ( TMSs ) are not a new concept, but where they are hosted now, in the cloud, is still new to the shipping industry. This means managing shipments and inventory can be simplified and taken with you, giving you renewed freedom in operating your business. Less Time Spent on Data Back-Ups.

Analytics Software 122

Analytics Software Forecasting Software Predictive Analytics Software Vendor Strategies 122

Gravity Supply Chain

MAY 20, 2022

Spire and Gravity Supply Chain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. This enhanced visibility of vessels for those awaiting their arrival enables managers to make better, data-driven decisions.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

Locus

DECEMBER 15, 2022

A survey predicts that e-commerce sales in India will hit the $100 billion mark for the first time in 2023. The significant issue with manual processes is its lack of end-to-end visibility, which breeds inefficiency. Customers will only order from a company that provides a complete visibility of the delivery process.

Real-time Visibility 52

Real-time Visibility Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing 52

IQMS

OCTOBER 18, 2019

The algorithms iteratively query data with many using constraint-based modeling to find the core set of factors with the greatest predictive accuracy. One of the most challenging aspects of managing a supply chain is predicting the future demands for production. Source: DHL, Artificial Intelligence in Logistics, 2018 (PDF, 45 pp.,

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

ShipBob

NOVEMBER 6, 2023

They can be as simple as counting physical stock levels and cross checking against records, or as involved as hiring a third party auditor to assess all of your inventory procedures. Here are a few of the most common inventory audit analyses and procedures used. Learn more about inventory reconciliation here.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

CH Robinson Transportfolio

JULY 28, 2020

While no one could have predicted the level of change 2020 has already brought, it is also creating new opportunities for the first time. While outsourcing should never be approached without a strategy in place, gone are the days when supply chain outsourcing was synonymous with a loss of control and visibility.

Resource Reduction 55

Resource Reduction Vendor Strategies Cost Reduction Strategies Inventory Reduction 55

ShipBob

OCTOBER 4, 2023

Combined with additional shipping delays , there could be a serious delay in order delivery. Dissatisfied customers Carrying excess inventory could result in customer dissatisfaction in a number of ways. Forecast demand Accurate demand forecasting is one of the best ways to reduce inventory.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52

The Logistics of Logistics

DECEMBER 19, 2020

Tech is the Game Changer for Truckload Shipping Communication with Mitch Violett. In his role as Principal Product Manager at Convoy, Mitch develops solutions that streamline the shipping process and improve communication. Key Takeaways: Tech is the Game Changer for Truckload Shipping Communication. About Mitch Violett.

Shipping 130

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The Logistics & Supply Chain Management Society

JANUARY 3, 2023

2022 Realities vs 2023 Predictions. The tight capacity and shipping downtime can increase rates and severely disrupt freight flow for months. The challenge for shippers and carriers alike is visibility. To help keep things moving and visible, companies are modifying their investments in automation and technology.

Predictive Analytics Software 130

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Prescriptive Analytics Software 130

Zipline Logistics

FEBRUARY 9, 2021

It is critical to leverage transportation analytics to get the most out of your operation. Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. In this ebook, you will learn how data can be used to identify efficiencies and make logistics improvements. Learn More.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

ShipBob

OCTOBER 1, 2021

As long as you are tracking the right metrics, data reveals where you can eliminate waste within your supply chain. This allows you to target your optimization efforts, greatly reducing the time, energy, and other resources spent on trial-and-error improvements. ShipBob’s analytics tool is really cool.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Turvo

JULY 27, 2021

Of all the components that make up the modern supply logistics and shipping network, the one that can significantly impact operational efficiency is visibility into the supply chain. Understanding the full scope of visibility and maintaining transparency and good communication from end to end is critical for logistics success.

Real-time Visibility 90

Real-time Visibility Supply Chain Software Supply Chain Network Software Analytics Software 90

Turvo

FEBRUARY 17, 2021

One of the most significant challenges the shipping industry faces is related to real-time freight analytics. ” Using real-time freight analytics effectively can be a game-changer for companies. ” Using real-time freight analytics effectively can be a game-changer for companies.

Real-time Visibility 56

Real-time Visibility Prescriptive Analytics Software Predictive Analytics Analytics Software 56

Talking Logistics

APRIL 12, 2017

Which is why a drone took flight from the stage during Ryan’s keynote address at the Descartes Evolution 2017 Conference a couple of weeks ago and broadcast real-time video of the audience as it flew across the front of the hall. Business Intelligence, Analytics, Artificial Intelligence: We’re in the middle of an evolution here.

Supply Chain Planning Software 113

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software 113

Intelligent Audit

JANUARY 17, 2023

For UPS , the end-of-year peak season shipping boom gave them a chance to strut their stuff, while for FedEx CEO Raj Subramaniam, 2022 held challenge after challenge. Regardless of whether 2022 offered shippers a smooth ride or a bumpy road, it’s time to reflect and prepare for 2023. Forward Air Buys Land Air Express in $56.5

Logistics Network Optimization Software 52

Logistics Network Optimization Software Cost Reduction Strategies Vendor Strategies Supply Chain Planning Software 52