ToolsGroup

DECEMBER 10, 2019

Against this backdrop, our 2020 predictions represent insights from across the ToolsGroup community for technology and practices that support greater supply chain resilience. Deriving value from huge volumes of data depends on being able to separate signals (which have predictive value) from ‘noise’. Data analytics will get simpler.

Modeling 156

Modeling Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 156

Supply Chain Shaman

SEPTEMBER 22, 2021

Allyson Hatfield, demand planner at MARS Petcare presented. At the end of the presentation, I asked Allyson her perspective on open source analytics. ” I said internally to myself and quickly rebounded to thank her for a great presentation. Allyson’s presentation was just that. ” My take?

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

ToolsGroup

JANUARY 30, 2018

The next step is to accurately predict the uplift from baseline expected to be generated by the promotion so that supply chains can optimize inventory to properly support the promotion. But two-dimensional spreadsheets, however transparent, are incapable of handling the many different variables and data sources involved.

Forecasting 184

Forecasting Forecasting Software Supply Chain Planning Software Analytics Software 184

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list. 2013 has certainly been an interesting year!

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

ThroughPut

DECEMBER 5, 2023

Demand forecasting is the process of predicting future demand for a product or service, which helps businesses plan and allocate resources effectively. By accurately predicting future demand, businesses can better prepare for potential disruptions, such as supply chain disruptions, natural disasters, or changes in consumer behavior.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

AIMMS

JUNE 23, 2016

When it comes to Supply Chain Analytics, an “Apps approach” can have just as many benefits. Gartner’s Noha Tohamy offered a great presentation about this at their recent Supply Chain Executive Conference. But what exactly is a Supply Chain Analytics app? Pre-packaged vs custom built supply chain analytics apps.

Prescriptive Analytics Software 156

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 156

AIMMS

JUNE 23, 2016

When it comes to Supply Chain Analytics, an “Apps approach” can have just as many benefits. Gartner’s Noha Tohamy offered a great presentation about this at their recent Supply Chain Executive Conference. But what exactly is a Supply Chain Analytics app? Most people think that Analytics Maturity is about technology.

Prescriptive Analytics Software 136

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 136

Material Handling & Logistics

JANUARY 10, 2018

While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Predictive analytics will alter the future of the supply chain. 2018 will be about predicting the future, not just about understanding the present.

Predictive Analytics Software 96

Predictive Analytics Software Supply Chain Design Software Predictive Analytics Supply Chain Software 96

Elementum

DECEMBER 14, 2023

As intelligent systems learn from data, they become better at predicting outcomes, streamlining operations, and enhancing customer experiences. By leveraging machine learning algorithms and data analytics, businesses are able to automate complex tasks that were previously manual, enhancing efficiency and productivity.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

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. In this posting we highlight our fourth prediction. Prediction Background.

Predictive Analytics Software 52

Predictive Analytics Software Negotiating Skills Predictive Analytics Supply Chain Software 52

Intelligent Audit

MAY 27, 2021

Many businesses in the transportation and logistics industry use retail supply chain analytics to predict the future. By leveraging historical information and data, experts can predict how to optimize revenue. Using these analytics can be incredibly helpful for even the most inexperienced practitioner.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Planning Software Modeling 52

Intelligent Audit

MAY 27, 2021

Many businesses in the transportation and logistics industry use retail supply chain analytics to predict the future. By leveraging historical information and data, experts can predict how to optimize revenue. Using these analytics can be incredibly helpful for even the most inexperienced practitioner.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Planning Software Modeling 52

Logistics Viewpoints

OCTOBER 10, 2022

The main take aways from the presentation earlier this year were the following: The auto industry has made supply chain risk management a priority since the Fukushima nuclear disaster in 2011. They wanted these diverse sources of information pulled together in one central, user-friendly location they call their “garage.”

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

Logility

APRIL 21, 2023

Now that businesses have better access to predictive forecasting technologies that leverage data from the past and present, such a one-sided approach to forecasting, analytics, reporting, and planning is no longer justifiable. But that doesn’t mean disruptions and risks that follow are entirely unavoidable.

Forecasting 130

Forecasting Forecasting Software Supply Chain Planning Software Big Data 130

Talking Logistics

DECEMBER 11, 2014

made that prediction in 2008 (see the Barron’s article What $300-a-Barrel Oil Will Mean for You ). Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). million bbl/d in 2015.” .

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. Tender documents and responsible source guidance are requiring suppliers to show evidence of their actions to support ESG initiatives, as well as the actions of their suppliers. The Role of Digitisation and Analytics in Supply Chain Resilience.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

Logility

NOVEMBER 20, 2020

The foundation of supply chain analytics is the desire to let objective, relevant information drive action – in other words, to empower and enlighten employees about data and to make decisions after they’ve looked carefully at “just the facts,” with the help of well-designed supply chain dashboards. First Name * Last Name * Email *.

Supply Chain Design Software 139

Supply Chain Design Software Supply Chain Design Analytics Software Supply Chain Software 139

ThroughPut

APRIL 17, 2024

AI with its predictive capabilities is helping companies make more informed decisions, automate processes and optimize efficiency like never before. As 2024 rolls out, we decided to take you through a few trends, predictions, challenges and considerations to make supply chains future-ready with AI.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Optimal Sourcing 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. The digitization of supply chain processes, the use of big data analytics, and the emergence of technologies like blockchain and artificial intelligence have revolutionized supply chain operations.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Supply Chain View from the Field

NOVEMBER 25, 2013

My MBA 541 students presented results from their projects this semester. A John Deere team discussed how they attempted to build a predictive cost model. The team also concluded with recommendations on future data quality recommendations, and the importance of coding parts effectively for future predictive modeling.

Procurement Analytics 60

Procurement Analytics Predictive Analytics Modeling Purchasing Skills 60

NC State SCRC

JULY 5, 2019

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Analytics Software Procurement Solutions 40

Logistics Viewpoints

FEBRUARY 9, 2021

I recently read a thought-provoking report with several predictions about the future of supply chain technology. Real-time visibility platforms are an indispensable piece of the puzzle, and the report predicts that 50% of global product-centric enterprises will have invested in real-time visibility platforms by 2023.

Supply Chain Network Software 194

Supply Chain Network Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 194

Talking Logistics

DECEMBER 16, 2015

Well, my big audacious prediction for 2015 did not come true. But some of my other predictions did hit the mark or came close. Making supply chain and logistics predictions is like throwing darts at a moving target. When making predictions, it’s easy to look at recent trends and simply project them forward.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

DELMIA Quintiq

JUNE 20, 2018

Natural gas is a suitable source of energy to fuel the need for heat and the power, making it an influential player on the market. The demand is predicted to be growing at a rate of 1% globally until 2050. Low carbon sources and natural gas meet 85% of the increase in global demand. – Nick Cottam for Environment Analyst.

Trends 176

Trends Sourcing Strategies Optimal Sourcing Supply Chain Software 176

ThroughPut

MARCH 25, 2024

Demand forecasting is the process of predicting future customer demand for a product or service. This practice has evolved significantly from its historical roots, largely a game of educated guesses, to today’s data-driven approach that harnesses the power of advanced analytics. What is Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Enterra Insights

OCTOBER 10, 2023

. … The Holocene corresponds with the rapid proliferation, growth and impacts of the human species worldwide, including all of its written history, technological revolutions, development of major civilizations, and overall significant transition towards urban living in the present. 8] The key to each of these efforts is data.

Supply Chain Strategy 130

Supply Chain Strategy Supply Chain Software Prescriptive Analytics Software Modeling 130

Logistics Viewpoints

DECEMBER 5, 2022

The company is present in 38 nations and has more than 40,000 employees. A multi-enterprise supply chain network platform provides network-based order fulfillment applications and advanced network-based supply chain risk analytics. The data from Infor Nexus also helps the transportation teams do better carrier sourcing.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Vanguard Software

MARCH 19, 2021

The applications for AI-based automation and analytics continue to increase, and supply chain risk mitigation has become a primary area of potential improvement. AI enables organizations to avoid supply disruptions, product outages, and unexpected sourcing surprises. U s ing Predictive Analytics in AI. billion by 2024.

Supply Chain Planning Software 52

Supply Chain Planning Software Vendor Strategies Supply Chain Software Resource Reduction 52

Logistics Viewpoints

AUGUST 22, 2023

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Why is this shift such a big deal? We don’t have to think back very far. Lesson learned.

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

ivalua

FEBRUARY 24, 2021

But there’s also a need for predictive capabilities. Modernization is also a foundational aspect of successful digital transformation, helping organizations consolidate infrastructure and benefit from unified access to essential data for analytics and reporting.

Supply Chain Transformation 162

Supply Chain Transformation Agile and Lean Supply Chain Supply Chain Design Software Cost Reduction Strategies 162

Enterra Insights

MAY 6, 2021

Bits and bytes are pouring in from sources ranging from satellites and MRI scans to massive computer simulations and seismic-sensor networks, from security cameras to smartphones, from genome sequencing of SARS-Cov-2 to COVID-19 test results, from social networks to texts zipping from phone to phone.”[1] Descriptive analytics.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Analytics Software Data Supply Chain Network Software 130

NC State SCRC

OCTOBER 31, 2017

An important differentiation between data governance, business intelligence, business analytics cognitive analytics and predictive analytics is needed as a basis for building a digital supply chain strategy. Business analytics may include dashboards, visual graphics, charts, etc.

Analytics Software 45

Analytics Software Sourcing Strategies Cost Reduction Strategies Predictive Analytics 45

Supply Chain Shaman

JUNE 2, 2020

Supply chain management as a discipline—a set of flows combining the processes of source, make and deliver together to drive value– is relatively new. Instead, all of the disruptions to date had a predictable pattern: a devastating blow, a set of shock waves, and the re-establishment of a new normal. The answer? Drive Insights.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 254

Supply Chain View from the Field

JUNE 22, 2013

In my last blog, I discussed some of the insights from the Chief Analytics Officer conference in Chicago this past week, and highlights from Tom Davenport’s presentation on “Analytics 3.0”. Enter “Analytics 3.0”. The current data analytics environment is smoking hot! Analytics 3.0

Predictive Analytics 103

Predictive Analytics Analytics Software Modeling Modeling Software 103

Supply Chain Matters

NOVEMBER 27, 2023

Planners are the visionaries who use strategic planning software and analytical tools to map out the future, keeping an eye on market trends and historical data to predict and plan for what’s next. They live in the present, dealing with the immediate operational aspects of the supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 52

Vanguard Software

MARCH 26, 2021

Besides raw material costs, logistics can account for anything between 5% and 50% of the total product cost , depending on where products are sourced, their value, and the shipping methods. Advanced Analytics in Supply Chain Cost Optimization. Each form of analytics is essential: Descriptive analytics inform you of what happened.

Optimal Sourcing 52

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 52

Logility

JUNE 30, 2022

The Bureau of Labor Statistics says that, while the manufacturing sector as a whole is projected to have some pandemic recovery employment growth, it also contains 11 of the 20 industries that are predicted to have the most rapid employment declines. Solving the labor crunch also means exploring new sources of supply.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 173