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Supply Chain Predictive Analytics: Benefits, Use Cases and Growth Potentials

ThroughPut

Supply chains used to live in the past. Thanks to the more advanced forms of supply chain analytics like predictive analytics, supply chains are proactively looking into the future and prepping for “what is to come” rather than only ruminating over “what already happened.”

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What Are Supply Chain Predictive Analytics?

Intelligent Audit

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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Robots Take Center Stage at MODEX 2024

Logistics Viewpoints

MODEX is the leading trade show for supply chain, logistics, and material handling solutions in North America. Supply Chain Robotics: A Key Theme of MODEX 2024 One of the main themes of MODEX 2024 was the prominent role of robots in the supply chain.

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Navigating the Future: How Advanced Supply Chain Analytics is Transforming the Industry

ThroughPut

For supply chains, COVID-19 marked the beginning of a challenging era. Even as the immediate pandemic effects stabilized, new challenges like supply shortages, port congestions, and natural calamities emerged. is advanced supply chain analytics. is advanced supply chain analytics.

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Importance of Digitalisation to Improve Supply Chains: Helping Businesses Navigate Through Supply Chain Disruptions

The Logistics & Supply Chain Management Society

Importance of Digitalisation to Improve Supply Chains: Helping Businesses Navigate Through Supply Chain Disruptions. is adopted in more and more industries and companies, the supply chain industry is starting to implement these disruptive technologies to adapt to the ongoing challenges and obstacles.

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From Predictions to Operations: Compelling Supply Chain AI Use Cases

ThroughPut

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. With rapid fluctuations and uncertainty, predicting customer demand is like shooting in the dark.

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Supply Chain Analytics: What It Is and Why It Matters

QAD

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. What is Supply Chain Analytics? In the early 2000s, companies began embracing ERP systems to analyze supply chain performance.