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The Power of Predictive Analytics in the Supply Chain

Enterra Insights

One of the most recent tools being adopted by businesses is predictive analytics. As the introduction to an edited volume on the subject explains, “Predictive analytics is the art and science of proposed predictive systems and models. Predictive analytics plays an essential role in the digital era.

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4 Ways to Enhance Warehouse Efficiency with Prescriptive and Predictive Analytics

Logistics Viewpoints

In today’s fast-paced and competitive business landscape, optimizing warehouse operations is crucial for achieving operational efficiency. Predictive and prescriptive analytics have emerged as valuable tools that enable warehouse operations managers to streamline processes, minimize costs, and enhance productivity.

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Robots Take Center Stage at MODEX 2024

Logistics Viewpoints

From autonomous mobile robots (AMRs) to collaborative robots (cobots) to industrial robots, robots are transforming the way goods are moved, stored, picked, packed, and shipped. Some of the applications of AI and ML in supply chain robotics include vision systems, natural language processing, predictive analytics, and reinforcement learning.

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Predictive Analytics: Supply Chain’s Cloudy Crystal Ball

Enterra Insights

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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Primer for Control Layer Technology Platforms Applied to Warehousing and Customer Fulfillment Processes

Supply Chain Matters

Supply Chain Matters provides a first installment in a four-part technology market education series where we address the evolving use of Cloud based control layer technology platforms applied to warehousing and customer fulfillment processes. This initial posting provides readers with an overview and primer for this type of technology.

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The State of the Trucking Market in 2021

GlobalTranz

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Increasing fuel costs also play into the available capacity woes.?

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From Predictions to Operations: Compelling Supply Chain AI Use Cases

ThroughPut

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 identify near-term market shifts with greater precision.