ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour.

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Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

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ThroughPut

FEBRUARY 23, 2024

With rapid fluctuations and uncertainty, predicting customer demand is like shooting in the dark. Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. You can read more about it here. The solution?

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The Logistics of Logistics

AUGUST 28, 2023

She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools. About Sarah Bertram Sarah Bertram is a Shipper Sales Manager at DAT. Tusk save Shippers 40% or more on small parcel shipping.

Logistics Network Optimization Software 240

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AIMMS

FEBRUARY 13, 2018

In today’s business environment, you can’t remain competitive without mastering analytics. S till, most companies are “not very far” when it comes to implementing analytics and garnering benefits from data, as a recent survey from CSCMP suggests. Not enough managers are fluent in the language of analytics.

Analytics Software 250

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Logility

JUNE 27, 2018

Analytics are literally everywhere. Open any supply chain periodical, blog, or report and chances there is a discussion around the importance of analytics. An important goal of a supply chain analytics initiative is to enable better business decisions that improve operating results and allow you to be more responsive to customer needs.

Prescriptive Analytics Software 113

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QAD

OCTOBER 4, 2023

What is Supply Chain Analytics and Why is it Important? Supply chain analytics allows businesses to examine their operations and view data in real-time. With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems.

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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.

Analytics Software 130

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ThroughPut

DECEMBER 8, 2023

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? How should the supplier perform?

Prescriptive Analytics Software 52

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Logility

JUNE 28, 2018

Analytics are literally everywhere. Open any supply chain periodical, blog, or report and chances there is a discussion around the importance of analytics. An important goal of a supply chain analytics initiative is to enable better business decisions that improve operating results and allow you to be more responsive to customer needs.

Prescriptive Analytics Software 101

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Supply Chain Network

APRIL 5, 2018

Shippers, carriers, freight forwarders and third party logistic firms are currently spending millions of dollars in resources on ‘estimating’ important metrics such as container Estimated Time of Arrival (ETAs). And relative to emerging data sources of relevant Big Data on global supply chains, one very interesting new player is Spire Global.

Predictive Analytics 79

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Supply Chain View from the Field

DECEMBER 16, 2013

I visited the BVL Kongress in Berlin, and also attended the International Institute for Analytics ”Chief Analytics Officer” meeting last summer. We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics.

Predictive Analytics 117

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AIMMS

FEBRUARY 13, 2018

In today’s business environment, you can’t remain competitive without mastering supply chain analytics. S till, most companies are “not very far” when it comes to implementing analytics and garnering benefits from data, as a recent survey from CSCMP suggests. L everaging analytics at scale is hard.

Analytics Software 156

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AIMMS

FEBRUARY 9, 2017

If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. Prescriptive Analytics is a type of Advanced Analytics that results in a recommended action. Supply chain teams are curious about adopting Prescriptive Analytics and exploring the benefits.

Prescriptive Analytics Software 156

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Enterra Insights

MARCH 13, 2018

The World Economic Forum has declared data a resource as valuable as gold. Gary Cokins ( @GaryCokins ), founder of Analytics-Based Performance Management LLC, asserts, “Analytics is becoming a competitive edge for organizations. Once being a ‘nice-to-have,’ applying analytics is now becoming mission-critical.”[1]

Prescriptive Analytics Software 100

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Logistics Viewpoints

MARCH 19, 2024

Bridging this technological divide requires a concerted effort to harmonize data flows and establish a unified source of truth. This is how you begin to predict disruptions, mitigate their impact, and automate responses with greater speed and efficacy.

Supply Chain Planning Software 248

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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

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The Logistics & Supply Chain Management Society

AUGUST 14, 2023

The seemingly miraculous capabilities of generative AI systems like ChatGPT (large language models, or LLMs, generating novel text and code), Dall-E (generating novel images), and Alphafold2 (protein structure prediction) come from exploiting this scale. These challenges require a strategic and systematic approach to overcome them.

Optimal Sourcing 244

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ThroughPut

APRIL 30, 2024

It has the power to analyze vast datasets, predict future trends with remarkable accuracy, and adapt to changes in real time, offering businesses a competitive edge. Supply chain forecasting predicts future demand for products and services, inventory needs, and production planning based on historical data, market analysis, and current trends.

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Modeling 52

AIMMS

FEBRUARY 9, 2017

If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. Prescriptive Analytics is a type of Advanced Analytics that results in a recommended action. According to Gartner’s Forecast Snapshot , the Prescriptive Analytics software market will reach $1.1

Prescriptive Analytics Software 120

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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.

Predictive Analytics Software 52

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SCMDOJO

APRIL 9, 2024

From the ubiquity of the Internet and various electronic gadgets, we are now in the era of next-level digital space where businesses and individuals can easily leverage the power of cloud computing, big data analytics, AI, and the Internet of Things (IoT). These have become part of many aspects of modern life, including commercial logistics.

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Requis

FEBRUARY 19, 2021

He is based in Germany, and, as a founding partner of the supply chain practice at McKinsey & Company , consults on a variety of supply chain-related business problems, including S&OP and advanced analytics. Today we would use demand sensing, machine learning (ML), and other tools to predict demand. Yes, that’s fair.

Predictive Analytics 52

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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.

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GlobalTranz

SEPTEMBER 23, 2021

The added strain on resources is on track to force high freight volumes to continue well into the next year. Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? With immense strain on available resources, carriers have seen record-shattering profitability.

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Intelligent Audit

OCTOBER 27, 2022

Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. Or in some cases, there are so many data sources and raw data it can feel overwhelming, leading to inaction and not getting the most out of the data.

Big Data 52

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Elementum

DECEMBER 14, 2023

Automating routine tasks frees up valuable human resources, enabling employees to engage in more strategic, creative activities that contribute to business growth and innovation. This technology can be applied across different industries and functional areas, such as customer service, finance, human resources, and supply chain management.

Sourcing Strategies 78

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Adexa

JULY 17, 2023

Even real-time decision making is being replaced with before-the-time decision making by predicting events. Optimal resource utilization: Digital technologies enable organizations to optimize resource allocation, such as inventory, production capacity, and transportation. As an example, what follows was created by generative AI.

Supply Chain Planning Software 98

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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

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ThroughPut

APRIL 15, 2024

It has the power to analyze vast datasets, predict future trends with remarkable accuracy, and adapt to changes in real time, offering businesses a competitive edge. Supply chain forecasting predicts future demand for products and services, inventory needs, and production planning based on historical data, market analysis, and current trends.

Forecasting 52

Forecasting Forecasting Software Supply Chain Planning Software Modeling 52

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Now the use of AI/ML is expanding beyond finding insights in data and providing predictions for the future.

Supply Chain Planning Software 193

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Locus

MARCH 30, 2023

Your business needs data that reflects on-ground reality to build cost-effective plans for the final mile, and the need for advanced supply chain analytics arises here! This led him towards advanced analytics to make optimal decisions in selecting and managing players. And the numbers prove it. trillion dollars.

Predictive Analytics 52

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The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Applying innovation to supply chains, combines innovative technologies like the Internet of Things (IoT), analytics, and robotics to supply chain management to improve performance and meet customer demands. brings innovations like IoT, robotics, data analytics, and other technologies to improve supply chain management and improve performance.

Supply Chain Disruption 246

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AIMMS

JUNE 23, 2016

When it comes to Supply Chain Analytics, an “Apps approach” can have just as many benefits. But what exactly is a Supply Chain Analytics app? An “Apps approach” to Supply Chain Analytics is ideal for companies that recognize that one big solution is simply inadequate to solve every challenge they have.

Prescriptive Analytics Software 156

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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

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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

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