INDUSTRY INSIGHTS YOUR PEERS ARE READING
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. MORE
“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 MORE
China Supply Chain Strategy Industry Specific Supply Chain Challenges Predictive Analytics Procurement and Sourcing Sales and Operations Planning Supply Chain Business Intelligence Supply Chain Planning economic slowdown in China independent blog analysis and insights on supply chain management supply chain industry analyst advisory services Supply chain Matters blog supply chain predictive analytics MORE
Artificial Intelligence (AI) and Predictive Analytics are also now increasingly being applied in order to make sense of, and best utilize all of these data sources, which are now clearly beyond the capability of human operators to manipulate, analyze, determine insights and then take action from in any kind of a timely manner. When it comes to examples of Predictive Analytics firms focused on supply chains Elementum and ClearMetal are just a couple that come to mind. MORE
And while unplanned disruptions will always occur, the emergence of newer technologies provides the ability to predict potential future disruptions and act on them accordingly, moving to a more proactive view of visibility. TransVoyant is at the forefront of the predictive analytics space. Their proprietary machine learning algorithms analyze these massive big data streams in real-time to produce live and predictive insights that help companies achieve competitive advantage. MORE
Last week, Supply Chain Matters shared our initial impressions of PTC’s LiveWorx 2015 conference, which had a sole focus on the emergence of Internet of Things technology. For us, one of the more interesting notions of PTC’s IoT strategic portfolio was the announced acquisition of ColdLight. According to PTC’s briefing with press and analysts, the […]. MORE
We had the opportunity to speak with Irfan Khan, President and CEO of specialized supply chain and analytics business advisory and […]. Internet of Things Predictive Analytics Supply Chain Planning Supply Chain Technology Bristlecone Inc. predictive analytics in supply chain planning specialized supply chain planning systems integrators specialty systems integrators focused on supply chain planning Supply chain Matters blog supply chain systems integrators MORE
Predictive analytics with omnichannel supply chain management make up one of the most in-demand topics in modern supply chain management, but it only functions when a thorough, integrated process for data collection, identification, and analysis exists MORE
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. Supply chain models are evolving. MORE
According to KPMG’s 2016 Global Consumer Executive Top of Mind Survey, the use of predictive analytics was set to double by 2018 MORE
Can you give some examples of how predictive analytics can drive improvement in final mile delivery? Podcast version (click to play): The post Final Mile Delivery: How Predictive Analytics Can Drive Improvement appeared first on Talking Logistics with Adrian Gonzalez. MORE
In our prior Supply Chain Matters posting we called attention to the evolving attraction for leveraging predictive analytics in supply chain decision-making practices which has added to the continued pent-up demand for data scientists. We highlighted a guest contribution indicating that big data and more predictive analytics capabilities can be non-effective if not preceded by […]. MORE
The term Predictive Commerce has been brought forward in the context of connecting up and downstream, Omni-channel product demand sensing with an integrated, single-model, end-to-end supply chain planning and execution. In some sense, it can be viewed as an enhanced iteration of demand-driven supply chain response capability for complex distribution and long-tail product demand environments. […]. MORE
We met at the United Club in Chicago, as he was on his way back from a visit with Honda, and met to discuss the upcoming study I will be working on with him on procurement analytics for the Center for Advanced Purchasing Studies later this summer. We had a chance to catch up on a great number of things, but one that sticks in my mind is the discussion on predictive analytics and forecasting. MORE
The key to answering those to questions: actionable data and predictive analytics. Predictive Analytics Enabling Risk Mitigation. It has certainly been evident this year that natural disasters can significantly disrupt the supply chain. MORE
Sales and Operations Planning Service Parts Planning Service-centered Supply Chains Supply Chain Planning Supply Chain Technology cloud computing trends in supply chain management Lokad Microsoft Azure predictive analytics in supply chain management predictive analytics in supply chain planning supply chain industry analyst advisory services supply chain industry analyst Bob Ferrari Supply chain Matters blog supply chain planning services and software provider Lokad MORE
In today’s data-driven world, we’ve become accustomed to companies predicting what we need even before we think we need them. Similarly, Netflix can predict the type of movies that you might enjoy based on your previous TV watching habits. Companies such as Netflix and Amazon take advantage of predictive and prescriptive analytics to increase customer engagement and sales. Events Predictive analytics webinar MORE
First, let's look at the origin of the words: forecast is a Germanic word, whereas predict is a Latin word. Predicting is Latin. Predictive Analytics takes a similar, more humanistic approach. Predict the Actor, not the Widget. View From The Ridge: 69. MORE
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. The use of predictive analytics has the potential to dramatically reduce expenses in the manufacturing sector, particularly with respect to proactive machine maintenance. MORE
Michel Plourde, Systems Director at ArcelorMittal Canada, recently briefed ARC Advisory Group about the supply chain challenges surrounding the company’s decision in 2012 to expand its iron ore pellet production in Canada. These challenges largely involved eliminating logistics bottlenecks created by an inability to adapt quickly to disruptions and changes to plans. MORE
What is predictive analytics? 5 predictions on the impact that predictive analytics will have on the future of procurement. What procurement leaders should be thinking about as they consider building greater data and analytic capabilities. I was recently interviewed by Phillip Ideson of the “Art of Procurement” webcast. I met Phillip at the ISM Global Procurement Tech Summit about a month ago, and he invited me to join the show. MORE
This Editor had the opportunity to view our Supply Chain Matters readership analytics (thanks to Google Analytics) for all of 2015 and can now share our ten most popular 2015 commentaries during the year. In reverse order: Number 10 Highlights of the APICS Annual 2015 Conference held in Las Vegas in October, and specifically […]. MORE
How can technology, specifically transportation management systems and predictive analytics, help shippers and third-party logistics providers (3PLs) excel in this area? Karen says, “Predictive analytics can help shippers and transportation companies to analyze past trends, including delivery times, quality and costs, to estimate future needs, to evaluate which couriers to use, and to reroute or change delivery times for better efficiency and service.”. MORE
The Hackett Group provides a useful visual for describing the maturity stages that supply chain is moving through as the industry strives to leverage data and advanced analytics. Supply Chain Analytics Maturity Model (Source: Hackett Group). Descriptive Analytics (What happened?). MORE
ICECORP is excited to share Episode 40 of the " 2 Babes Talk Supply Chain " Podcast! Supply Chain Work MORE
Earlier this week, this author had the pleasure of delivering a JDA Software sponsored webcast titled: Supply Chain Segmentation- The Key to More Predictable and Profitable Business Outcomes. We have since received positive feedback regarding the content. MORE
Most people are familiar with predictive analytics. In short, predictive is there to answer the question “what is the likelihood that x, y, or z will happen based on the data I have?”. While this is a useful — and in many cases essential — question to answer, the main limitation of predictive analytics isn’t the analytics itself…It’s how a business responds when the “likelihood” of a good/bad event occurring reaches a certain threshold that requires action. MORE
Are you up to date with how predictive analytics and machine learning could help your business? Advanced Analytics predictive analytics Machine Learning MORE
If you have had the opportunity to view this author’s prior conference presentations on future technology trends in supply chain management you might have recalled my references to the technology-enabled data analytics services related to The Weather Company and its implications as to how industry supply chains can literally predict future product demand needs by […]. MORE
The Power of Predictive Analytics. The use of predictive analytics is rising. In a recent Supply & Demand Chain Executive webinar , we took a deeper dive on how predictive analytics such as demand sensing can help control volatility. MORE
Predictive analytics is still relatively new in procurement, but it’s increasingly important, particularly in organizations that have already been through the cycle of spend analytics, supplier leveraging, segmentation, and consolidation. Prediction requires a deep understanding of the technical and commercial attributes of the supply chain ecosystem, as well as advanced statistical and modeling capabilities. MORE
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. MORE
The Power of Predictive Analytics. According to KPMG’s 2016 Global Consumer Executive Top of Mind Survey , the use of predictive analytics will double by 2018, with 46% of companies planning to use advanced analytics to sense and shape demand within the next two years. In a recent Supply & Demand Chain Executive webinar , we took a deeper dive on how predictive analytics such as demand sensing can help control volatility. MORE
3PL Logistics Supply Chain big data predictive analytics third-party logisticsIt takes a lot of data to make a good decision. And for decision making within the supply chain, big data can provide insights for companies and enable them to make better decisions. Big data is defined as extremely large datasets, structured and unstructured, that reveal patterns, trends and correlations. MORE
Predictive Analytics Related Topics Cerasis
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. Supply chain models are evolving.
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? Karen says, “Predictive analytics can help shippers and transportation companies to analyze past trends, including delivery times, quality and costs, to estimate future needs, to evaluate which couriers to use, and to reroute or change delivery times for better efficiency and service.”.
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.
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.
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and advanced analytics. Supply Chain Analytics Maturity Model 2 The Stages Supply chain leaders are wanting their organizations to be data-driven. stage 1) to prescriptive and forward-looking analytics to drive meaningful. 3 Stage 1 Descriptive Analytics (What happened?)
Cerasis
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. The use of predictive analytics has the potential to dramatically reduce expenses in the manufacturing sector, particularly with respect to proactive machine maintenance.
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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. Artificial Intelligence Big Data Business Cognitive Computing Supply Chain Technology Enterra Solutions Stephen DeAngelis
Arkieva
APRIL 3, 2017
In today’s data-driven world, we’ve become accustomed to companies predicting what we need even before we think we need them. Similarly, Netflix can predict the type of movies that you might enjoy based on your previous TV watching habits. Companies such as Netflix and Amazon take advantage of predictive and prescriptive analytics to increase customer engagement and sales. Events Predictive analytics webinar
Supply Chain 24/7
SEPTEMBER 23, 2018
Predictive analytics with omnichannel supply chain management make up one of the most in-demand topics in modern supply chain management, but it only functions when a thorough, integrated process for data collection, identification, and analysis exists
E2open
AUGUST 30, 2016
The Power of Predictive Analytics. According to KPMG’s 2016 Global Consumer Executive Top of Mind Survey , the use of predictive analytics will double by 2018, with 46% of companies planning to use advanced analytics to sense and shape demand within the next two years. In a recent Supply & Demand Chain Executive webinar , we took a deeper dive on how predictive analytics such as demand sensing can help control volatility.
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artificial intelligence to provide predictive. analytics via a cloud-based application that. provides real-time, end-to-end, predictive. 1DIGITAL TRANSFORMATION, END-TO-END VISIBILITY, AND. THE "DATA PROBLEM". Given the macroeconomic cl imate and the.
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Logistics Viewpoints
SEPTEMBER 8, 2016
Michel Plourde, Systems Director at ArcelorMittal Canada, recently briefed ARC Advisory Group about the supply chain challenges surrounding the company’s decision in 2012 to expand its iron ore pellet production in Canada. These challenges largely involved eliminating logistics bottlenecks created by an inability to adapt quickly to disruptions and changes to plans.
Supply Chain Nation
DECEMBER 5, 2017
3PL Logistics Supply Chain big data predictive analytics third-party logisticsIt takes a lot of data to make a good decision. And for decision making within the supply chain, big data can provide insights for companies and enable them to make better decisions. Big data is defined as extremely large datasets, structured and unstructured, that reveal patterns, trends and correlations.
Supply Chain Nation
APRIL 7, 2017
And while unplanned disruptions will always occur, the emergence of newer technologies provides the ability to predict potential future disruptions and act on them accordingly, moving to a more proactive view of visibility. TransVoyant is at the forefront of the predictive analytics space. Their proprietary machine learning algorithms analyze these massive big data streams in real-time to produce live and predictive insights that help companies achieve competitive advantage.
Supply Chain Matters
MAY 11, 2015
Last week, Supply Chain Matters shared our initial impressions of PTC’s LiveWorx 2015 conference, which had a sole focus on the emergence of Internet of Things technology. For us, one of the more interesting notions of PTC’s IoT strategic portfolio was the announced acquisition of ColdLight. According to PTC’s briefing with press and analysts, the […].
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in Predictive Logistics ClearMetal Inc. Each handoff and decision is based on a prediction of outcomes and every event has. Orchestration requires better predictions. Accurate predictions require. Can machine learning really help predict. Predictive Logistics is.
Talking Logistics
JUNE 22, 2018
Can you give some examples of how predictive analytics can drive improvement in final mile delivery? Podcast version (click to play): The post Final Mile Delivery: How Predictive Analytics Can Drive Improvement appeared first on Talking Logistics with Adrian Gonzalez.
River Logic
NOVEMBER 30, 2018
Most people are familiar with predictive analytics. In short, predictive is there to answer the question “what is the likelihood that x, y, or z will happen based on the data I have?”. While this is a useful — and in many cases essential — question to answer, the main limitation of predictive analytics isn’t the analytics itself…It’s how a business responds when the “likelihood” of a good/bad event occurring reaches a certain threshold that requires action.
Supply Chain Network
APRIL 5, 2018
Artificial Intelligence (AI) and Predictive Analytics are also now increasingly being applied in order to make sense of, and best utilize all of these data sources, which are now clearly beyond the capability of human operators to manipulate, analyze, determine insights and then take action from in any kind of a timely manner. When it comes to examples of Predictive Analytics firms focused on supply chains Elementum and ClearMetal are just a couple that come to mind.
Talking Logistics
OCTOBER 30, 2017
The key to answering those to questions: actionable data and predictive analytics. Predictive Analytics Enabling Risk Mitigation. It has certainly been evident this year that natural disasters can significantly disrupt the supply chain.
NC State SCRC
MAY 10, 2016
What is predictive analytics? 5 predictions on the impact that predictive analytics will have on the future of procurement. What procurement leaders should be thinking about as they consider building greater data and analytic capabilities. I was recently interviewed by Phillip Ideson of the “Art of Procurement” webcast. I met Phillip at the ISM Global Procurement Tech Summit about a month ago, and he invited me to join the show.
NC State SCRC
FEBRUARY 27, 2018
Predictive analytics is still relatively new in procurement, but it’s increasingly important, particularly in organizations that have already been through the cycle of spend analytics, supplier leveraging, segmentation, and consolidation. Prediction requires a deep understanding of the technical and commercial attributes of the supply chain ecosystem, as well as advanced statistical and modeling capabilities.
Blue Ridge
AUGUST 12, 2016
First, let's look at the origin of the words: forecast is a Germanic word, whereas predict is a Latin word. Predicting is Latin. Predictive Analytics takes a similar, more humanistic approach. Predict the Actor, not the Widget. View From The Ridge: 69.
River Logic
AUGUST 8, 2017
Are you up to date with how predictive analytics and machine learning could help your business? Advanced Analytics predictive analytics Machine Learning
Supply Chain Matters
JUNE 16, 2015
In our prior Supply Chain Matters posting we called attention to the evolving attraction for leveraging predictive analytics in supply chain decision-making practices which has added to the continued pent-up demand for data scientists. We highlighted a guest contribution indicating that big data and more predictive analytics capabilities can be non-effective if not preceded by […].
Supply Chain Matters
MAY 28, 2015
We had the opportunity to speak with Irfan Khan, President and CEO of specialized supply chain and analytics business advisory and […]. Internet of Things Predictive Analytics Supply Chain Planning Supply Chain Technology Bristlecone Inc. predictive analytics in supply chain planning specialized supply chain planning systems integrators specialty systems integrators focused on supply chain planning Supply chain Matters blog supply chain systems integrators
Supply Chain Matters
APRIL 10, 2015
The term Predictive Commerce has been brought forward in the context of connecting up and downstream, Omni-channel product demand sensing with an integrated, single-model, end-to-end supply chain planning and execution. In some sense, it can be viewed as an enhanced iteration of demand-driven supply chain response capability for complex distribution and long-tail product demand environments. […].
NC State SCRC
MAY 16, 2016
We met at the United Club in Chicago, as he was on his way back from a visit with Honda, and met to discuss the upcoming study I will be working on with him on procurement analytics for the Center for Advanced Purchasing Studies later this summer. We had a chance to catch up on a great number of things, but one that sticks in my mind is the discussion on predictive analytics and forecasting.
Supply Chain Matters
SEPTEMBER 3, 2015
China Supply Chain Strategy Industry Specific Supply Chain Challenges Predictive Analytics Procurement and Sourcing Sales and Operations Planning Supply Chain Business Intelligence Supply Chain Planning economic slowdown in China independent blog analysis and insights on supply chain management supply chain industry analyst advisory services Supply chain Matters blog supply chain predictive analytics
Talking Logistics
APRIL 17, 2018
The Hackett Group provides a useful visual for describing the maturity stages that supply chain is moving through as the industry strives to leverage data and advanced analytics. Supply Chain Analytics Maturity Model (Source: Hackett Group). Descriptive Analytics (What happened?).
Icecorp
JUNE 5, 2017
ICECORP is excited to share Episode 40 of the " 2 Babes Talk Supply Chain " Podcast! Supply Chain Work
Supply Chain Matters
JANUARY 6, 2016
This Editor had the opportunity to view our Supply Chain Matters readership analytics (thanks to Google Analytics) for all of 2015 and can now share our ten most popular 2015 commentaries during the year. In reverse order: Number 10 Highlights of the APICS Annual 2015 Conference held in Las Vegas in October, and specifically […].
Supply Chain Matters
FEBRUARY 5, 2016
If you have had the opportunity to view this author’s prior conference presentations on future technology trends in supply chain management you might have recalled my references to the technology-enabled data analytics services related to The Weather Company and its implications as to how industry supply chains can literally predict future product demand needs by […].
Supply Chain Matters
FEBRUARY 2, 2015
Sales and Operations Planning Service Parts Planning Service-centered Supply Chains Supply Chain Planning Supply Chain Technology cloud computing trends in supply chain management Lokad Microsoft Azure predictive analytics in supply chain management predictive analytics in supply chain planning supply chain industry analyst advisory services supply chain industry analyst Bob Ferrari Supply chain Matters blog supply chain planning services and software provider Lokad
Supply Chain 24/7
JUNE 25, 2018
According to KPMG’s 2016 Global Consumer Executive Top of Mind Survey, the use of predictive analytics was set to double by 2018
Supply Chain Matters
APRIL 3, 2015
Earlier this week, this author had the pleasure of delivering a JDA Software sponsored webcast titled: Supply Chain Segmentation- The Key to More Predictable and Profitable Business Outcomes. We have since received positive feedback regarding the content.
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