Predictive Analytics Related Topics 
Logility
MARCH 13, 2020
Here’s your two-minute guide to understanding and selecting the right descriptive, predictive and prescriptive analytics for use across your supply chain. Looking at all the analytic options can be a daunting task. Descriptive Analytics : Insight into the past. Analytics
Enterra Insights
MARCH 9, 2022
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.
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Kuebix
DECEMBER 23, 2019
You may be familiar with the term predictive analytics – but have you ever stopped to ask yourself what it really means for your supply chain? Analytics help companies streamline process efficiencies and make sure important trends aren’t overlooked.
Logility
MAY 18, 2020
Chances are, if you’re in marketing, sales, or one of the more technical aspects of business, you’ve used predictive analytics in some part of your job. But your company doesn’t have to be a retail giant to use predictive analytics. using predictive analytics?built
River Logic
MARCH 31, 2020
Predictive analytics techniques allow organizations to identify patterns and trends hidden in their data to understand market trends, identify demand and establish appropriate pricing strategies. predictive analytics Supply chain analytics
Supply Chain Brain
JANUARY 11, 2023
The solution lies in predictive analytics Supply chain factors governing a company’s bottom line are highly unpredictable.
Kuebix
NOVEMBER 14, 2019
The post Artificial Intelligence, Machine Learning, and Predictive Analytics in the Supply Chain appeared first on Kuebix. Blog Technology AI Machine Learning ML Predictive Analytics Supply Chain technology TMS transportationThe world of transportation and logistics management looks completely different than it did even 50 years ago. Gone are the days of pen and paper and jotting down haphazard notes when on the telephone with a carrier booking freight.
Enterra Insights
JULY 22, 2020
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% Thanks to cognitive technologies and big data, predictive analytics allow decision-makers a peek into the future. Cognitive technologies and predictive analytics. ” Predictive analytics and future supply chains.
River Logic
MARCH 18, 2020
To illustrate the point, a recent paper from Ventana Research on supply chain planning revealed issues that companies using spreadsheet planning have experienced, including: Prescriptive Analytics Supply Chain Advanced Analytics predictive analytics Supply chain analytics Supply Chain Planning supply chain analytics examples
Supply Chain Matters
JANUARY 19, 2023
The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory.
Intelligent Audit
JANUARY 5, 2021
There is a lot of talk within the supply chain industry regarding the value supply chain predictive analytics. ” Unfortunately, supply chain predictive analytics remains subject to interpretation. A Primer on Analytics.
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Enterra Insights
APRIL 25, 2019
Today, in addition to those activities, new analytical tools are available to help business leaders predict what could happen in the future. Petro goes on to predict companies failing to grasp the future risk ending up in history’s dustbin. ” Types of analytics. Predictive analytics — the type of analytics to which Petro refers — are one of four types of analytics now available to enterprises. Descriptive analytics.
Logistics Viewpoints
DECEMBER 2, 2021
With Christmas goods in stores before Halloween this year, I thought there was no reason that we shouldn’t also get a jump on 2022 predictions. The post Is it too Early For 2022 Predictions? Logistics Trends 2022 predictions logistics trends
Supply Chain Matters
JANUARY 21, 2023
The Ferrari Consulting and Research Group announces that our latest Research Advisory, 2023 Predictions for Industry and Global Supply Chains is now available for reading.
River Logic
MARCH 10, 2020
According to Supply Chain Digital Magazine, many manufacturers are falling behind with more than two-thirds of them being unable to provide data-driven analytical information to support their business decisions.
Logility
FEBRUARY 19, 2021
The science and practice of predictive analytics is well established and rapidly gaining ground in the public and private sectors. Take a moment to read our extremely popular post on selecting the right descriptive, predictive, and prescriptive analytics here.
MercuryGate
SEPTEMBER 14, 2021
Predictive shipping analytics derived from freight data add value and enable more streamlined logistics. The post Improving Supply Chain Performance with Predictive Analytics appeared first on MercuryGate International. Blog Analytics TMS Journey TMS Selection
Enterra Insights
APRIL 30, 2015
Predictive analytics is a topic you are likely to hear a lot more about in the years ahead. Predictive analytics … Continued. The post Predictive Analytics becoming a Mainstream Business Tool appeared first on Enterra Solutions. Best Practices Big Data Business digital enterprise Digital Path to Purchase Supply Chain Technology
DynaSys
MAY 28, 2019
Data analytics technology has developed exponentially over the past few years due to the phenomenal increase of computer capabilities, algorithms and the emergence of easy to use, simple and user-friendly BI tools. Data analytics is widely explained in three approaches. Understanding and analyzing historical data (descriptive analytics), forecasting the future (Predictive Analytics), and thirdly decision-support (Prescriptive Analytics).
Supply Chain Brain
APRIL 17, 2022
Enter predictive analytics. The amount of real-time data from multiple sources needed to optimize operations and move product quickly requires advanced, artificial intelligence–enabled technology.
Supply Chain Collaborator
JULY 26, 2019
The shrewd operators are leveraging these data to support predictive analyses with the goal of achieving more accurate planning and execution of logistics as product moves through their supply chain. Here are four ways smart TMS users can harness the power of their data for predictive analytics. Predictive capabilities help shippers protect access to necessary support during critical seasonal times. Blog Collaborator Blog analytics big data data predictive analytics
River Logic
MARCH 6, 2019
Prescriptive Analytics Supply Chain Optimization Integrated Business Planning predictive analytics
River Logic
MAY 11, 2016
As manufacturing companies become increasingly complex and begin leveraging more data, the role of advanced analytics in business planning processes is slowly becoming a necessity. Prescriptive Analytics Advanced Analytics predictive analyticsGartner's 2016 CEO Survey shows that 54% of CEOs claimed that their top strategic priority for the year was business growth.
Enterra Insights
AUGUST 3, 2016
“What if you could predict what products or services your customers wanted before they did,” asks Dr. James Canton (@futureguru), … Continued. The post Predictive Analytics: Businesses’ Crystal Ball appeared first on Enterra Solutions. Artificial Intelligence Big Data Business Cognitive Computing Supply Chain Technology Enterra Solutions Stephen DeAngelis
SupplyPike
JUNE 24, 2020
Learn about: The categories of analytics How they relate to retail and supply chain What suppliers can do with that data. Well-balanced business development depends on descriptive, predictive, and prescriptive analytics data. . Analytics Continuum. Descriptive Analytics.
GlobalTranz
MARCH 16, 2016
The predictive analytics of the past are becoming more apt and intellectual, powering a new age in manufacturing. Additionally, major manufacturers are working to prioritize predictive analytics and use them to improve production. Let's take a look at the increase in utilization and implementation of predictive analytics in manufacturing and what it means for manufacturers. US and China Lead Prioritization of Predictive Analytics in Manufacturing.
Talking Logistics
FEBRUARY 18, 2020
Data intelligence and predictive analytics are key terms in supply chain management today, but how do you harness these new technologies to deliver business value, especially in labor management?
NC State SCRC
JANUARY 1, 2023
As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. These predictions are perhaps not completely original – but they represent what I think will be important guidelines for supply chain executives to consider.
Enterra Insights
MARCH 24, 2015
The post Predictive Analytics: Promising or Scary? “Big Data is both an over-hyped buzzword and a real trend,” writes Gregory Piatetsky (@kdnuggets), President of KDnuggets, “reflecting the … Continued. appeared first on Enterra Solutions. Artificial Intelligence Big Data Business Supply Chain Technology
Supply Chain Brain
FEBRUARY 28, 2022
Between rising consumer demand, supply shortages, and growing economic concerns, shippers are faced with disruption from every possible angle, leaving many questions unanswered. How do you effectively mitigate risk and build a resilient supply chain
Enterra Insights
MAY 23, 2022
Violino notes, “It’s one thing to gather large amounts of data and apply analytics to it; lots of organizations are doing that. That means a strong business case must be made for analytics from the outset. ” What Do You Want Analytics to Achieve?
Enterra Insights
NOVEMBER 26, 2019
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. She writes, “Ask someone to draw ‘predictive intelligence’ as if they were playing a game of Pictionary.
Supply Chain Matters
JANUARY 13, 2023
The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. Prediction Background.
Supply Chain Game Changer
NOVEMBER 17, 2022
Fortunately, the newest versions of analytics or big data are already demonstrating their potential for helping move merchandise and raw materials from Point A to Point B, wherever those points happen to be. Visual Analytics. The post How Analytics Can Cure Supply Chain Woes!
Prophetic Technology
AUGUST 31, 2021
Predictive Modelling or Predictive Analytics is a carefully worked-out process that pursues to foretell episodes or after-effects by evaluating models likely to forecast outcomes. supply chain predictive risk management
The Logistics & Supply Chain Management Society
APRIL 26, 2022
The Role of Digitisation and Analytics in Supply Chain Resilience. Analytics for Diversifying the Supply Base. A leading risk platform can fully automate risk assessment and procedures using data and analytics. The Role of Digitisation and Analytics in Supply Chain Resilience.
Blue Ridge
JUNE 26, 2020
Supply chain analytics is a fuzzy area for many. Lora Cecere tells the difference between predictive analytics, prescriptive and cognitive analytics. The post Predictive vs. Prescriptive vs. Cognitive Supply Chain Analytics appeared first on Blue Ridge.
The Supply Chain Journal
MAY 27, 2021
Project44, a leader in real-time visibility of the global supply chain, announced on Thursday it has acquired ClearMetal, a San-Francisco based supply chain planning software company that focuses on international freight visibility, predictive planning and overall customer experience.
Supply Chain Shaman
FEBRUARY 4, 2018
A strained request from a marketing director for a software company ensued, “You did not list us in your analytics report, and we want to know why.” Had I been clear in the taxonomy of the recent supply chain analytics report?” In the 1990s when I was part of the software team at Manugistics, supply chain analytics was a synonym for reporting. Today, when you say the term analytics, the thought in many supply chain leaders is still “reporting.”
SCMDOJO
JANUARY 23, 2023
If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field.
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