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Don’t risk falling behind: 3 things you can do to start mastering analytics

AIMMS

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. Source: CSCMP.

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Don’t risk falling behind: 3 things you can do to start mastering analytics

AIMMS

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. Source: CSCMP.

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Your supply chain is costing you money – Reason #5 Not having a supply chain risk management process

Kinaxis

We saw this type of issue over the past several years with the Japan earthquake / Tsunami in and with the Thailand floods. Mitigating Risk – inventory tracking and dual sourcing are considered to be the most effective risk mitigation strategies. These are the types of issues that impact supply for an entire region.

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Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

I said, “that’s fine, I’ll take that one”. Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. With digital twins, we can then feed other data sources through our model and start to predict scenarios like this. That’s been a massive trend.

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3 Compelling Reasons to Start Using Prescriptive Analytics

AIMMS

The company was using spreadsheets to source its materials. The same thing happens with off the shelf S&OP tools. PTT , the largest oil and gas company in Thailand, is a good example.The company was using a solution for global supply chain planning but they found this solution too restrictive.

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3 Compelling Reasons to Start Using Prescriptive Analytics

AIMMS

The company was using spreadsheets to source its materials. The same thing happens with off the shelf S&OP tools. PTT , the largest oil and gas company in Thailand, is a good example.The company was using a solution for global supply chain planning but they found this solution too restrictive.

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My Vision for Supply Chain 2020? Deep Integration!

Arkieva

We are exposed to tier-2 risks but are unaware and only discover it after the Japan earthquakes or the Thailand floods. Sourcing in low cost countries could lower cost but increases inventories and inventory risk (write-offs). We have outsourced big chunks of manufacturing but are stuck with inflexible supply contracts.