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% Cognitive technologies and predictive analytics. ”[2]. .” ”[2].

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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. ” Types of analytics.

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Predictive Analytics Analytics Supply Chain Optimization Supply Chain Strategy 124

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? This is the important topic I discussed with Jason Judd, Group Director of Analytics at Ryder System, during an episode of Talking Logistics.

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Predictive Analytics Warehousing Analytics Supply Chain 130

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. Using this information, supply chain leaders can address supply chain challenges, reduce costs and at the same time improve service levels.

Supply Chain Strategy 135

Supply Chain Strategy Predictive Analytics Supply Chain Analytics 135

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? Sustainability will become an opportunity, not a challenge for supply chains. appeared first on Logistics Viewpoints.

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Predictive Analytics Supply Chain Strategy Gartner Supply Chain Optimization 324

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.

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SCMDOJO

APRIL 4, 2023

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

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Supply Chain Optimization Supply Chain Planning Supply Chain Design Supply Chain Strategy 105

Kuebix

NOVEMBER 14, 2019

The post Artificial Intelligence, Machine Learning, and Predictive Analytics in the Supply Chain appeared first on Kuebix. Now, technology is now ruling supreme. With the advent of advanced cloud-based transportation management systems, there […].

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Predictive Analytics Supply Chain Analytics Transportation Management 163

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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Supply Chain Optimization Supply Chain Planning Supply Chain Strategy Supply Chain Design 111

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. ” Corporate leaders are always seeking the best return on investment (ROI) and, in the digital era, no investment return is more important than one obtained through advanced analytics.

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Predictive Analytics Analytics Supply Chain Optimization Supply Chain Strategy 130

ToolsGroup

FEBRUARY 16, 2022

BOSTON, February 16, 2022 : ToolsGroup , a global leader in supply chain planning and optimization software, has partnered with Planalytics to integrate their weather-driven demand (WDD) analytics with ToolsGroup’s retail planning solutions, enabling customers to isolate, measure, and manage the influence of weather on their businesses.

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ToolsGroup Supply Chain Planning Predictive Analytics Supply Chain Optimization 177

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. Digital applications and analytics can support and inform effective decisions.

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Supply Chain Planning Supply Chain Strategy Supply Chain Predictive Analytics 246

Logistics Viewpoints

APRIL 5, 2023

Ninety-one percent of respondents are digitizing data and processes collectively; but, only 31 percent are using predictive analytics and 26 percent are using artificial intelligence. Thirty-one percent of respondents are using predictive analytics and 24 percent are using artificial intelligence to optimize.

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Logistics Supply Chain Optimization Supply Chain Design Predictive Analytics 269

Intelligent Audit

JANUARY 5, 2021

There is a lot of talk within the supply chain industry regarding the value supply chain predictive analytics. 1 talent challenge, indicating that these existing supply chain resources are not equipped with the required technical and analytical skillsets to deliver digital and analytics initiatives successfully.”

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Predictive Analytics Supply Chain Optimization Supply Chain Planning Supply Chain 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

2022 Realities vs 2023 Predictions. This methodology and the technology behind it – predictive and prescriptive analytics – are being leveraged in other areas of the supply chain where the value of this level of visibility is recognised. 2022 Realities vs 2023 Predictions.

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Predictive Analytics Supply Chain Planning Supply Chain Strategy Supply Chain 130

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.

Supply Chain Performance 52

Supply Chain Performance Predictive Analytics Supply Chain Analytics 52

Enterra Insights

APRIL 6, 2021

The late philosopher Eric Hoffer and the late business guru Peter Drucker shared a common belief about the difficulty of predicting the future. Hoffer wrote, “The only way to predict the future is to have power to shape the future.” Drucker wrote, “The best way to predict the future is to create it.”

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Predictive Analytics Forecasting Supply Chain Planning Supply Chain 113

Talking Logistics

MARCH 5, 2019

So, too, has real-time visibility with predictive analytics crossed the threshold from nice-to-have to need-to-have. Thanks to the Amazon effect, B2B customers crave the insights predictive analytics offers as much as end-consumers expecting a shipment do. Read More at project44’s blog.

Predictive Analytics 101

Predictive Analytics Analytics Supply Chain Visibility Supply Chain 101

RFgen

MAY 16, 2023

The role of data analytics in optimizing inventory management processes has become increasingly important. Analytics help organizations make smarter decisions, reduce costs, and improve customer satisfaction. But your analytics is only as good as the underlying data. That’s why most inventory handlers leverage data.

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Inventory Management Predictive Analytics Inventory Analytics 52

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.

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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.

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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. US and China Lead Prioritization of Predictive Analytics in Manufacturing.

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Predictive Analytics Manufacturing Analytics Forecasting 120

Talking Logistics

JULY 2, 2018

How can technology, specifically transportation management systems and predictive analytics, help shippers and third-party logistics providers (3PLs) excel in this area? The post Final Mile Delivery: The Role of TMS and Predictive Analytics appeared first on Talking Logistics with Adrian Gonzalez. Why is it important?

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Predictive Analytics Analytics Transportation Management Third Party Logistics 101

AIMMS

JULY 23, 2019

But supporting the process with advanced analytics goes even further, contributing to higher levels of productivity and profitability. Like many organizations, Tereos recognizes the use of advanced analytics as an imperative. Many of these factors are difficult to control and predict. Advanced analytics as enabling technology.

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S&OP Predictive Analytics Supply Chain Optimization Supply Chain Planning 278

Logility

OCTOBER 18, 2022

It’s an undeniable mess, and while you can’t always predict supply chain disruptions, it doesn’t mean you can’t be better prepared, with disruptions big and small now an accepted inevitability. The Power to Predict Supply Chain Disruptions. It’s been a tough couple of years, and it’s hard to see a light at the end of the tunnel.

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Supply Chain Disruption Supply Chain Optimization Supply Chain Planning Supply Chain Strategy 130

DELMIA Quintiq

DECEMBER 9, 2015

To do so, I will dive into data analytics and the role it could play in making supply chain logistics more efficient. Descriptive, predictive, and prescriptive analytics. When you talk about analytics, you probably use one of the three adjectives describing the nature of the beast: Descriptive, predictive, and prescriptive.

Supply Chain Optimization 120

Supply Chain Optimization Supply Chain Planning Predictive Analytics Supply Chain 120

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. Categories of Retail Analytics. Descriptive Analytics.

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Predictive Analytics Retail Forecasting Data 98

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?” Today, when you say the term analytics, the thought in many supply chain leaders is still “reporting.”

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Gartner Supply Chain Optimization Supply Chain Planning Supply Chain Strategy 213

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.

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Enterra Insights

APRIL 21, 2021

” Data and Advanced Analytics in Industry 4.0 Industry 4.0 Venkat Viswanathan ( @venkatlv ), Founder and Chairman of LatentView Analytics, explains, “There has been a lot of talk about the enormous potential and market opportunity for smart factories. In fact, it already is.” begins with connectivity.

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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'

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ToolsGroup

JANUARY 13, 2021

Our predictions also include crucial and groundbreaking developments in the supply chain that extend far beyond pandemic response. We hope you enjoy the blog, which represents predictions and observations from across our global ToolsGroup community. Here’s to a healthy and prosperous year ahead!

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Supply Chain Planning Gartner Supply Chain Optimization Supply Chain Strategy 272

GlobalTranz

JANUARY 17, 2017

So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing.

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Logistics Viewpoints

MARCH 30, 2023

Analyzing Your Data through Analytics Analyzing data requires an understanding of analytics which can provide insights into which factors are impacting performance negatively or positively so that appropriate changes can be made accordingly.

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Supply Chain Optimization Supply Chain Strategy Supply Chain Design Supply Chain 209

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. How will Analytics change the way we forecast today?

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Enterra Insights

FEBRUARY 19, 2020

Although each of these activities has value, new analytical tools are available to help business leaders predict what could happen in the future and assist them in deciding how to proceed. As AI and machine learning continue to develop, the way we use analytics also continues to grow and change. Types of analytics.

Predictive Analytics 100

Predictive Analytics Analytics Gartner Supply Chain Planning 100

Silvon Software

MARCH 16, 2023

The Value of Forecasting Analytics (aka Predictive Analytics) A demand forecast is a key component of the S&OP process with the ability to predict future requirements with a reasonable degree of accuracy. This is where predictive analytics (or forecasting analytics) comes into play.

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