Supply Chain Predictive Analytics: What Is It and Who's Doing It?

River Logic

Using this information, supply chain leaders can address supply chain challenges, reduce costs and at the same time improve service levels. predictive analytics Supply chain analytics

What is Predictive Analytics and How is it Used in Supply Chain Operations?

Kuebix

You may be familiar with the term predictive analytics – but have you ever stopped to ask yourself what it really means for your supply chain? Analytics help companies streamline process efficiencies and make sure important trends aren’t overlooked.

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How To Implement Predictive Analytics Into Your Company

Logility

Chances are, if you’re in marketing, sales, or one of the more technical aspects of business, you’ve used predictive analytics in some part of your job. But your company doesn’t have to be a retail giant to use predictive analytics. using predictive analytics?built

Artificial Intelligence, Machine Learning, and Predictive Analytics in the Supply Chain

Kuebix

The post Artificial Intelligence, Machine Learning, and Predictive Analytics in the Supply Chain appeared first on Kuebix. Blog Technology AI Machine Learning ML Predictive Analytics Supply Chain technology TMS transportation

Using Data and Predictive Analytics to Drive Labor Management Solutions in the Warehouse

Talking Logistics

Data intelligence and predictive analytics are key terms in supply chain management today, but how do you harness these new technologies to deliver business value, especially in labor management?

4 Big Benefits for the Use & Implementation of Predictive Analytics In Manufacturing

Cerasis

Supply chain models are evolving. The predictive analytics of the past are becoming more apt and intellectual, powering a new age in manufacturing. Additionally, major manufacturers are working to prioritize predictive analytics and use them to improve production.

Modern Supply Chain Analytics: Are You Keeping Up?

River Logic

According to Supply Chain Digital Magazine, many manufacturers are falling behind with more than two-thirds of them being unable to provide data-driven analytical information to support their business decisions.

6 Supply Chain Analytics Examples to Keep You Competitive

River Logic

To illustrate the point, a recent paper from Ventana Research on supply chain planning revealed issues that companies using spreadsheet planning have experienced, including: Prescriptive Analytics Supply Chain Advanced Analytics predictive analytics Supply chain analytics Supply Chain Planning supply chain analytics examples

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. She writes, “Ask someone to draw ‘predictive intelligence’ as if they were playing a game of Pictionary.

Predictive Analytics becoming a Mainstream Business Tool

Enterra Insights

Predictive analytics is a topic you are likely to hear a lot more about in the years ahead. Predictive analytics … Continued. The post Predictive Analytics becoming a Mainstream Business Tool appeared first on Enterra Solutions.

Seeing the Future with Predictive Analytics

Enterra Insights

Today, in addition to those activities, new analytical tools are available to help business leaders predict what could happen in the future. Looming risks like wars, environmental and labor regulations, natural disasters and transportation challenges are placing many retail supply chains and retail profit centers at the mercy of the unforeseen.”[1] Petro goes on to predict companies failing to grasp the future risk ending up in history’s dustbin.

Predictive Analytics: Promising or Scary?

Enterra Insights

The post Predictive Analytics: Promising or Scary? Artificial Intelligence Big Data Business Supply Chain Technology

Four Ways a TMS Solution Leverages Predictive Analytics

Supply Chain Collaborator

The shrewd operators are leveraging these data to support predictive analyses with the goal of achieving more accurate planning and execution of logistics as product moves through their supply chain. Here are four ways smart TMS users can harness the power of their data for predictive analytics. Predictive capabilities help shippers protect access to necessary support during critical seasonal times.

Predictive Analytics in Supply Chain Management

EV Cargo Technology

On 25 th May EV Cargo Technology spoke at the Supply Chain Innovation Summit 2017 China Focus (SCCN2017) in Shanghai, China. This event was developed by and for Supply Chain and Logistics professionals.

Predictive Analytics in Supply Chain Management

EV Cargo Technology

On 25 th May Adjuno spoke at the Supply Chain Innovation Summit 2017 China Focus (SCCN2017) in Shanghai, China. This event was developed by and for Supply Chain and Logistics professionals.

ArcelorMittal Optimizes Supply Chain Logistics with Predictive Analytics

Logistics Viewpoints

Michel Plourde, Systems Director at ArcelorMittal Canada, recently briefed ARC Advisory Group about the supply chain challenges surrounding the company’s decision in 2012 to expand its iron ore pellet production in Canada. Business Intelligence Supply Chain Optimization Supply Chain Planning Supply Chain Visibility ArcelorMittal port rail

Predictive Analytics: Businesses’ Crystal Ball

Enterra Insights

“What if you could predict what products or services your customers wanted before they did,” asks Dr. James Canton (@futureguru), … Continued. The post Predictive Analytics: Businesses’ Crystal Ball appeared first on Enterra Solutions. Artificial Intelligence Big Data Business Cognitive Computing Supply Chain Technology Enterra Solutions Stephen DeAngelis

How VR, 3D Printing & Predictive Analytics in the IOT are Currently Powering the Manufacturing Industry

Cerasis

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. The use of predictive analytics has the potential to dramatically reduce expenses in the manufacturing sector, particularly with respect to proactive machine maintenance.

The Power of Predictive Analytics

E2open

The Power of Predictive Analytics. The use of predictive analytics is rising. Gartner made a similar claim in the keynote of its Supply Chain Executive Conference in Phoenix, citing automation, algorithms and the systematic use real-time data as industry game changers.

Editor’s Pick: 5 Real-Time Visibility Features Required for Predictive Analytics

Talking Logistics

Note: Today’s post is part of our “ Editor’s Pick ” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. So, too, has real-time visibility with predictive analytics crossed the threshold from nice-to-have to need-to-have. Supply chain leaders worldwide struggle to verify that a visibility vendor can achieve predictive analytics.

Prescriptive Analytics: 22 Things the Experts Are Saying About Analytics’ Rising Star

River Logic

Prescriptive Analytics Supply Chain Optimization Integrated Business Planning predictive analytics

The Future of the Digital Supply Chain: IoT, Big Data, Blockchain, Predictive Analytics, and More

Shipchain

Understanding the future of the digital supply chain is essential to success. We must embrace the possibilities of Big Data, the Internet of things, blockchain technology, predictive analytics, and the growing unrest that these things bring to the industry.

Predictive Analytics & Omnichannel Supply Chain Management

Supply Chain 24/7

Predictive analytics with omnichannel supply chain management make up one of the most in-demand topics in modern supply chain management, but it only functions when a thorough, integrated process for data collection, identification, and analysis exists

The Power of Predictive Analytics

E2open

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. Gartner made a similar claim in the keynote of its Supply Chain Executive Conference in Phoenix, citing automation, algorithms and the systematic use real-time data as industry game changers.

Connect Big Data with Predictive Analytics for Increased Visibility and Control Over Global Supply Chains

Supply Chain Network

The age of digital transformation is now fully upon us and from a business perspective one of the most active areas of change, impact and opportunity is in supply chain management. Global supply chains are one of the longest and most complex of business process systems due to the many moving parts, multiple transfer points, diverse company types/players involved and the sheer length of these supply chains.

The Data Needed to Transform Supply Chains

Talking Logistics

The Hackett Group provides a useful visual for describing the maturity stages that supply chain is moving through as the industry strives to leverage data and advanced analytics. Supply Chain Analytics Maturity Model (Source: Hackett Group).

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[Webinar] Using Predictive Analytics to Drive Sales and Delight Customers

Arkieva

In today’s data-driven world, we’ve become accustomed to companies predicting what we need even before we think we need them. Similarly, Netflix can predict the type of movies that you might enjoy based on your previous TV watching habits. Companies such as Netflix and Amazon take advantage of predictive and prescriptive analytics to increase customer engagement and sales. Events Predictive analytics webinar

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

With visibility as the key driver for an effective supply chain improvement strategy, businesses today must rely on building collaborative relationships in their extended supply chains to gain visibility from end-to-end.

Artificial Intelligence & Predictive Analytics – Buzzwords or Business Benefits?

EV Cargo Technology

We recently spoke at the International Supply Chain Seminar hosted by Allport Cargo Services in London. In front of the bustling audience, our product director, Andy Hawkins, presented his vision on ‘AI, Machine Learning & Predictive Analysis: Buzzwords or business benefit?’,

Artificial Intelligence & Predictive Analytics – Buzzwords or Business Benefits?

EV Cargo Technology

We recently spoke at the International Supply Chain Seminar hosted by Allport Cargo Services in London. In front of the bustling audience, our product director, Andy Hawkins, presented his vision on ‘AI, Machine Learning & Predictive Analysis: Buzzwords or business benefit?’,

How Companies Can Leverage Big Data and Predictive Analytics to Optimize the Supply Chain

Supply Chain Nation

And for decision making within the supply chain, big data can provide insights for companies and enable them to make better decisions. Big data can provide significant benefits to the supply chain and help organizations survive and grow.

How Companies Can Leverage Big Data and Predictive Analytics to Optimize the Supply Chain

Supply Chain Nation

And for decision making within the supply chain, big data can provide insights for companies and enable them to make better decisions. It can provide valuable insights in the context of the supply chain that can be used to proactively anticipate or quickly respond to disruptions or events. However, despite the hype around big data, using insights from these large datasets to optimize the supply chain has proven to be far more elusive than collecting the data itself.

Mitigate Seasonality and Other Logistics Disruptions with TMS Supporting Predictive Analytics

Supply Chain Collaborator

More importantly, how does a shipper synthesize the seemingly endless stream of conflicting market analysis into proactive plans that avoid simple, reactive responses to the often confusing and counter-intuitive moves in the market? . – Realize the goal of cutting through the static using analytics as a “knife” in your TMS. You may have some questions about how to realize the goal of cutting through the static using analytics as a “knife”.

How Predictive Analytics and the Gig Economy Can Bridge the Supply Chain Skills Gap

Supply Chain Brain

The automotive manufacturing supply chain has become almost too massive to manage, leaving manufacturers and suppliers with the challenge of finding qualified workers with the skills to identify and prevent quality risks

Tapping into Big Data to Enable Actionable Supply Chain Visibility and Predictive Analytics

Supply Chain Nation

Supply chain disruptions are inevitable. Unpredictable consumer behavior, traffic patterns, port behavior, severe weather, natural disasters and labor unrest are all examples of external events that can cause supply chain disruptions that lead to increased costs and customer service challenges. TransVoyant is at the forefront of the predictive analytics space. Supply Chain predictive analytics TransVoyant