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Prescriptive Analytics for Supply Chain Optimization: 6 Powerful Use Cases 

ThroughPut

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?

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13 Important Roles of Data Analytics in Supply Chain Optimization

SCMDOJO

For businesses to succeed, supply chain optimization is essential to succeed. It helps reduce costs, increases efficiency, and can enhance customer satisfaction. Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives.

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The State of the Trucking Market in 2021

GlobalTranz

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Increasing fuel costs also play into the available capacity woes.?

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17 Key Inventory Metrics & KPIs for 2023

Unleashed

The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

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Supply Chain Resilience. Really?

Supply Chain Shaman

Improve visibility across the networks that operate in self-serving business models. For example, change the business models so that Ariba must interoperate with GT Nexus, E2Open with Elemica, MPO (Kinaxis) with Nulogy, etc. Maximize the value of the purchase order flow data already in the existing networks. (A

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Your Guide to Understanding & Minimizing Inventory Costs (with Formula)

RFgen

Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. Managing inventory costs is important because high inventory costs can erode the bottom line. Next is the cost of storing the inventory.

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Warehouse Management Analytics!

Supply Chain Game Changer

Warehouse Fulfillment – Move The Material To The People, Not The Other Way Around! The right application of warehouse management analytics can enable significant growth for companies, forced to focus on smaller package sizes, not the pallets and cases of the past. Why Do Analytics Overwhelm Supply Chain Leaders?