Enterra Insights

JULY 22, 2020

That’s why spending on supply chain advanced analytics is on the rise. Analysts from River Logic write, “The importance of supply chain analytics is demonstrated by predictions that the market will grow at a CAGR of 17.3% Cognitive technologies and predictive analytics. ”[2]. .” ”[2].

Predictive Analytics 100

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Enterra Insights

APRIL 25, 2019

Today, in addition to those activities, new analytical tools are available to help business leaders predict what could happen in the future. Petro goes on to predict companies failing to grasp the future risk ending up in history’s dustbin. ” Types of analytics. ” Types of analytics.

Predictive Analytics 124

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 124

QAD

APRIL 11, 2024

Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. Predictive analytics, demand planning and business forecasting have always been core functions for supply chain planners.

Predictive Analytics 71

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 71

Logistics Viewpoints

FEBRUARY 8, 2024

Predictive and prescriptive analytics have emerged as valuable tools that enable warehouse operations managers to streamline processes, minimize costs, and enhance productivity. They learn the spatial characteristics of the DC, and predict task time based on activity-level data captured in the DC.

Prescriptive Analytics Software 240

Prescriptive Analytics Software Predictive Analytics Predictive Analytics Software Analytics Software 240

The Logistics & Supply Chain Management Society

APRIL 26, 2022

The Role of Digitisation and Analytics in Supply Chain Resilience. Therefore, a strategy for resilience is necessary to meet the changing demands of consumers and ensure sustainable growth. Analytics for Diversifying the Supply Base. Digital applications and analytics can support and inform effective decisions.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Software Predictive Analytics 246

Logility

MAY 5, 2023

Inventory strategies begin with an efficient network design to effectively balance your ability to accurately predict customer demand and work with suppliers to adjust orders in real time. Routine firefighting of inventory issues is a symptom of inventory strategies treated as a once-a-year exercise.

Inventory Reduction 130

Inventory Reduction Vendor Strategies Resource Reduction Price Reduction 130

SCMDOJO

APRIL 4, 2023

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

Prescriptive Analytics Software 110

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Invata Intralogistics

MARCH 9, 2024

Artificial Intelligence (AI) transforms the approach to maintenance from reactive to predictive, ensuring that operations run smoothly and continuously. Understanding Predictive Maintenance Predictive maintenance utilizes data analysis tools and techniques to identify irregularities and forecast equipment malfunctions before they happen.

Warehousing 52

Warehousing Predictive Analytics Software Predictive Analytics Supply Chain Software 52

Supply Chain Matters

JANUARY 17, 2024

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares excerpts of our fifth prediction that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory. In this posting, we share excerpts of our fifth prediction.

Predictive Analytics Software 52

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AIMMS

JULY 23, 2019

But supporting the process with advanced analytics goes even further, contributing to higher levels of productivity and profitability. Like many organizations, Tereos recognizes the use of advanced analytics as an imperative. Many of these factors are difficult to control and predict. Advanced analytics as enabling technology.

S&OP 278

S&OP Prescriptive Analytics Software Supply and Demand Predictive Analytics 278

Logistics Viewpoints

MARCH 27, 2024

Some of the applications of AI and ML in supply chain robotics include vision systems, natural language processing, predictive analytics, and reinforcement learning. Predictive Analytics Predictive analytics is the use of AI and ML to analyze data and make predictions about future outcomes, events, or behaviors.

Analytics Software 214

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Enterra Insights

APRIL 21, 2021

He observes, “For many manufacturing and supply chain organizations, the Covid-19 pandemic highlighted multiple shortcomings in their data management strategies. ” Data and Advanced Analytics in Industry 4.0 Industry 4.0 revolution. In fact, it already is.” begins with connectivity. ” Adaptive Pricing.

Analytics Software 130

Analytics Software Big Data Predictive Analytics Price Reduction 130

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.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Supply Chain Shaman

FEBRUARY 4, 2018

A strained request from a marketing director for a software company ensued, “You did not list us in your analytics report, and we want to know why.” Had I been clear in the taxonomy of the recent supply chain analytics report?” Today, when you say the term analytics, the thought in many supply chain leaders is still “reporting.”

Prescriptive Analytics Software 214

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SupplyPike

JUNE 24, 2020

Learn about: The categories of analytics How they relate to retail and supply chain What suppliers can do with that data. Well-balanced business development depends on descriptive, predictive, and prescriptive analytics data. . Analytics Continuum. Categories of Retail Analytics. Descriptive Analytics.

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SCMDOJO

JUNE 6, 2023

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. How does data analytics help supply chain optimization? Let’s explore the roles which data analytics play in this process. Why is it crucial?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Enterra Insights

JUNE 6, 2023

Exposure to numerous scenarios and what-if questions means that organizations are much better prepared if the future doesn’t unfold in exactly the way their plan predicts. Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.” 3] Michael C.

Resource Reduction 130

Resource Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 130

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

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

GlobalTranz

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.

Manufacturing Procurement 120

Manufacturing Procurement Predictive Analytics Procurement Analytics Predictive Analytics Software 120

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

Analytics Software Predictive Analytics Network Optimization Software Optimal Sourcing 250

Logility

OCTOBER 18, 2022

It’s an undeniable mess, and while you can’t always predict supply chain disruptions, it doesn’t mean you can’t be better prepared, with disruptions big and small now an accepted inevitability. The Power to Predict Supply Chain Disruptions. It’s been a tough couple of years, and it’s hard to see a light at the end of the tunnel.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

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.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

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 identify near-term market shifts with greater precision.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Enterra Insights

FEBRUARY 19, 2020

Although each of these activities has value, new analytical tools are available to help business leaders predict what could happen in the future and assist them in deciding how to proceed. As AI and machine learning continue to develop, the way we use analytics also continues to grow and change. Types of analytics.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Analytics Software Predictive Analytics Analytics 100

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

Logistics Viewpoints

MARCH 30, 2023

Analyzing Your Data through Analytics Analyzing data requires an understanding of analytics which can provide insights into which factors are impacting performance negatively or positively so that appropriate changes can be made accordingly.

Benchmarking 190

Benchmarking Supply Chain Design Software Analytics Software Supply Chain Software 190

AIMMS

JULY 23, 2019

But supporting the process with advanced analytics goes even further, contributing to higher levels of productivity and profitability. Like many organizations, Tereos recognizes the use of advanced analytics as an imperative. Many of these factors are difficult to control and predict. Advanced analytics as enabling technology.

S&OP 156

S&OP Prescriptive Analytics Software Supply and Demand Predictive Analytics 156

QAD

JANUARY 11, 2022

After the last two years, it’s no surprise that some might be hesitant to make predictions about the state of manufacturing, supply chains and digital transformation for the new year. But two of our senior experts wanted to weigh in by sharing their 2022 predictions in VMblog’s 14 th annual predictions series.

Manufacturing Procurement 94

Manufacturing Procurement Predictive Analytics Software Predictive Analytics Supply Chain Software 94

Supply Chain View from the Field

DECEMBER 16, 2013

I also worked with a team of leading thinkers in developing the Future of Procurement Report (published by KPMG) , as well as publish the BVL International Global Logistics Trends and Strategies report with a team of leading academics and executives in Europe, China, North and South America, Russia, and India.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Game Changer

JUNE 30, 2022

The Importance of a Strong Supply Chain and Logistics Strategy! For a supply chain to run smoothly it needs to be well managed under the right strategy for your business objectives. Below are three building blocks of a well-managed supply chain strategy to help you boost efficiency and lower costs. Demand Planning. Conclusion.

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 78

Enterra Insights

JANUARY 13, 2020

Paul Pilotte ( @ppilotte ) and Bruce Tannenbaum, marketing managers at MathWorks, report, “MathWorks predicts that 2020 will see artificial intelligence play an increasingly visible role in a wide range of industries from industrial automation and medical devices to automotive and aerospace.”[2]

Predictive Analytics Software 100

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 100

GlobalTranz

FEBRUARY 19, 2018

It tells you what is happening and how it affects operations, which is known as descriptive analytics. This is the standard form of analytics used in logistics today, but it is transforming. As explained by Logistics IT , advanced analytics algorithms can have a dramatic impact on other parts of logistics as well.

Predictive Analytics Software 170

Predictive Analytics Software Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Software 170

E2open

AUGUST 30, 2016

The Power of Predictive Analytics. The use of predictive analytics is rising. 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.

Predictive Analytics 60

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 60

Silvon Software

AUGUST 8, 2022

To address these issues, manufacturers and distributors are focusing more on the use of data analytics to help them make more strategic decisions related to supply chain performance. But how can organizations best use data analytics to enhance their supply chain management efforts? Make supply chain analytics broadly available.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

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. Tuesday 30 August 2016.

Predictive Analytics 60

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 60

ShipBob

JANUARY 15, 2024

In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. To properly manage it, businesses need to be proactive in implementing the right strategies and technologies. What is inventory glut? What causes inventory glut?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

SCMDOJO

FEBRUARY 20, 2023

Therefore, evaluating performance and creating a comprehensive digitalization strategy are essential for a distributor’s success. To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101