Data Science Tools of the Trade: Monte Carlo Computer Simulation

Arkieva

Monte Carlo Discrete Event Computer Simulation is a particularly powerful and flexible “tool of the trade” for a wide range of challenges in supply chain and operations management.

Tools 86

Final Mile Technology: What Tools Do Freight Shippers Need?

Cerasis

The post Final Mile Technology: What Tools Do Freight Shippers Need? How often do you really think about final mile technology? The chances are good that the final mile is often an afterthought, but the likes of Amazon, Walmart, and Target are changing the narrative. As explained by Supply Chain 24/7, technological development has changed the way supply chains operate, and ongoing development will bridge the.read More. appeared first on Transportation Management Company | Cerasis.

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Nine Killer Digital Tools for Logistics Professionals

Freightos

What’s important is that you have a faith in people, that they’re basically good and smart, and if you give them tools, they’ll do wonderful things with them. As ships evolve from barges to Maersk EEEs, digital tools for logistics professionals evolve too. These are our top digital tools that make life easier for logistics professionals, from sales teams, operations teams and transportation managers to just about any freight professional.

Tools 258

What Are the Characteristics of the Best Shipping Analytics Tools on the Market?

Intelligent Audit

However, not all shipping analytics tools are created equally. Now consider this; according to Camcode : “As data analytics becomes critical in supply chain operations and management, supply chain analytics software solutions and tools have become must-have technologies.

Tools 52

How is Demand Forecasting changing? How do you compare to your peers?

AIMMS conducted research to assess how supply chain teams perceive the accuracy of their forecast and discover the tools and techniques they are using to upgrade the forecasting process. In this report, you will find helpful benchmarks and insights offered by your peers on the latest demand forecasting techniques, forecast granularity and periodicity, and expectations for the future.

6 metrics tips and tools to benchmark P2P Digital Transformation

ivalua

Use these tips and tools to identify, capture and convert relevant measurements into digital transformation. Digital sourcing tools can help make this a more manageable metric. #3 Digital processes and tools can help ensure solid first-time match rates. . #5 The post 6 metrics tips and tools to benchmark P2P Digital Transformation appeared first on Ivalua. Vishal Patel, VP Product Marketing, Ivalua [link]. Data is beyond critical to Procurement Operations.

16 Outstanding Tools That Make Writing Easier in 2020

IT Supply Chain

The post 16 Outstanding Tools That Make Writing Easier in 2020 appeared first on IT Supply Chain. By Amanda Dudley (pictured). Top Level Editor at EssayUSA. Industry Talk

Tools 61

New tool for 3PL outsourcing

Supply Chain Movement

The new, online tool called Supply Chain Satellite provides objective insights into a company’s logistics procurement strategy and hence supports decision-making related to logistics outsourcing. The global launch of this decision-support tool was held on 17 March during Districon’s Physical Distribution Forum in Utrecht. The Supply Chain Satellite tool uses a four-quadrant model to visualise a company’s position within the strategic landscape.

Tools 69

How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

Cerasis

As explained in a previous blog post, continuous improvement in an organization can be achieved through the use of performance measurement tools via big data. Twitter Facebook Google+ LinkedIn The post How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve? Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly.

Avetta Offers Financial Risk Assessment Tool to Protect Supply Chains

Supply Chain Brain

Avetta, a provider of supply chain risk management, launched Avetta Financial Risk, a tool for evaluating and monitoring the financial health of your supply chain, providing detailed financial metrics and ratings for accurate supplier evaluation

B2B Pocket Playbook: End-to-End Guide to Sales Enablement

Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.

Four Technology Tools Impacting Logistics

Supply Chain Link

Guest Post: David Broering, SVP, Integrated Solutions, provides insights on commonly referenced technology tools and their application to the rapidly digitizing logistics space. Not only do we move faster and do more each day, the pace of innovation around the tools that we use in this industry. Everything in logistics moves fast in today’s world. Read More. Supply Chain Brokerage Technology

Tools 80

Want to disrupt your supply chain? Check out this new analytical tool

ToolsGroup

Brad Householder, Founder and CEO of b2i, spoke at the ToolsGroup TG18 user conference recently and presented an innovative approach to strategically analyze your value chain to focus digital investments. Brad, by the way, comes from a great pedigree. Prior to founding b2i, he was a leader in PwC Advisory's Operations and Supply Chain Management practice, and he is the 2018 chairman of the board of directors for APICS.

Tools 179

Companies struggle to find good tools

Supply Chain Movement

the question of which tools they can use to support these processes is causing headaches for a lot of them. there are three options: to set to work with excel, to develop one’s own solution or to purchase an off-the-shelf tool. most companies prefer the third option, but it seems to be very difficult to find good tools. Excel is an indispensable tool in sales & operations planning (S&OP), or at least that could be one conclusion based on the statistics.

Tools 60

Predictive Analytics becoming a Mainstream Business Tool

Enterra Insights

The post Predictive Analytics becoming a Mainstream Business Tool appeared first on Enterra Solutions. Predictive analytics is a topic you are likely to hear a lot more about in the years ahead. Predictive analytics … Continued. Best Practices Big Data Business digital enterprise Digital Path to Purchase Supply Chain Technology

Catch Them If You Can: The Passive Candidates Edition

With the right tools and mindset, it’s possible to track down this candidate (and many others like them!). How? Simple: By thinking like one. To get started on your search, we’ve gathered clues you’ll need to get in the mind of your passive prospects.

Tools for Master Scheduling: Hug Your Master Scheduler Part Two

Kinaxis

Effective management of the master schedule requires a tool that has several key characteristics; Scenarios – This simply refers to the ability to create a copy of your data in-memory in less time than it takes to click a mouse. Imagine if you had a supply chain planning problem you wanted to solve and were given a tool that allowed you to try three different approaches – each in their own copy of the entire supply chain database. This tool must take that long too, right?

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Machine Learning and Data Science Tools of the Trade: First-Order Difference

Arkieva

There are a number of data analysis “tools of the trade” that have proven effective in exploring data to get it to tell a story. Machine Learning and Data Science Tools of the Trade: First-Order Difference was first posted on August 25, 2020 at 7:47 am. ©2017

Data 104

SMB Proactive Tools to Mitigate Supply Risk

Industry Star

The post SMB Proactive Tools to Mitigate Supply Risk appeared first on IndustryStar Solutions. As a wide range of industries turn on production lines after the mandated COVID-19 shutdowns, they’ll do so with strained supply bases. We must quickly embrace our new normal and reduce supply risk if our businesses are to succeed in the days ahead.

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Ten SC improvement tools you should know about

Prophetic Technology

Don’t be overwhelmed by so many Supply Chain ( SC) improved tools issues around you! Manage them by training your teams on the competence required to afford competitive services or products performance. supply chain optimisation

Tools 54

Top 5 Barriers to Supply Chain Network Design Adoption and How to Overcome Them

Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS

Want to build your internal capability, reduce costs and make better decisions? It's easier than you think. This on-demand webinar shares research findings from Supply Chain Insights, including the top 5 obstacles that bog you down when trying to improve your network design efforts.

Five Legal Tools to Mitigate Manufacturing Risk

Supply Chain Brain

One of the best ways for a manufacturer to assess and reduce risk in its supply chain is to have in place strong legal terms with its suppliers

Tools 63

Platform or a Collection of Tools: Which One Do You Prefer for your Digital Transformation Efforts?

Solvoyo

The blender and the oven comprise a collection of tools that includes exchangeable tips and settings that can be used for different cooking endeavors. The difference between a Platform and a collection of Tools is the great recipe book and the right oven settings in our cookie analogy.

Tools 52

Key ERP Tools to Support the Future Manufacturing Supply Chain

SYSPRO Smarter ERP

The post Key ERP Tools to Support the Future Manufacturing Supply Chain appeared first on SYSPRO US. The future direction of supply chain management and collaboration will be determined by the impact of digitalization on the supply chain. Every analyst and forecaster is making that general prediction for the supply chain of the future. At the same time, customers and consumers are changing the way they order goods and services, forcing companies to […].

Tools 55

Which Team has the most die-hard fans? The Eagles or the Patriots? Our Sentiment Analysis Tool Tells It All.

Arkieva

As a local Philadelphia business, we are so excited about the Eagles making it to the Super Bowl this year, we decided to track the excitement level of people leading up to the event by using our Social Sentiment Analysis Tool. Our Sentiment Analysis Tool Tells It All.

Tools 63

The Ultimate Marketing Efficiency Checklist

Here are 7 creative ways marketers can work smarter (not harder) - with the resources you already have!

FMCG Route to Market Distribution: Free Distributor Assessment Tool

Enchange Supply Chain Consultancy

To help Producers understand the real state of their Distributors, Enchange has released a free - yes, free - tool to guide an assessment of Distribution networks. While focussed on FMCG the tool is applicable to all sectors using distributors. Download the tool here. The RTM Distributor Evaluation Tool has been designed to guide your evaluation of four key capability areas: Partnership – is the relationship a one way street or do you actually talk to your distributors?

Tools 125

Using Machine Learning Tools to Improve Supply Chain Performance

Halo

Machine Learning Tools Offer Much, but We Pesky Humans Continue to Play the Most Important Role. Absent Machine Learning tools, humans did the best they could to forecast demand and plan inventory. The post Using Machine Learning Tools to Improve Supply Chain Performance appeared first on Halo. In simple terms, that “most important role” is the cycle of observation followed by critical thinking followed by action.

Tools 77

Transportation Market Tools and Intel

Supply Chain Link

Guest Post: David Broering, Senior Vice-President, Integrated Solutions Sometimes it feels like you need to be a fortune teller to accurately assess where a supply and demand market is going. However, there are fundamental economic data points that everyone has access to and can understand, and there are also market sentiments that are more specific to an industry. READ MORE. Brokerage Supply Chain Transportation 3pl Dedicated Fleets

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Pandemic Underscores Necessity of TMS and Other Supply Chain Tech Tools

Supply Chain Collaborator

The post Pandemic Underscores Necessity of TMS and Other Supply Chain Tech Tools appeared first on UltraShipTMS. The Novel Coronavirus pandemic is absolutely playing havoc on supply chains globally and for numerous reasons. For some shippers it is collapsing demand and leaving unprecedented idle capacity. While for others, it is resulting in instant peak volume outside of regular seasonal peaks.

The Recruiting Crossword Puzzle

Test your recruiter-brain with this crossword puzzle, which reveals the best ways to move forward in your efforts with every answer!

Analysis tool for real-time data insight and evaluation

BluJay Solutions

The post Analysis tool for real-time data insight and evaluation appeared first on BluJay Solutions Ltd. BluJay Solutions has announced the launch of its new ‘BluIQ by BluJay’ solution which combines visual overviews and analyses of the supply chain in a freely configurable dashboard.

Drones in the Supply Chain: A Game-Changing New Tool

PINC

Our CEO, Matt Yearling, was recently interview by Executive Platforms for their Tought Leaders series, to discuss the current and future state of drones in the supply chain. digital disruption supply chain logistics digital supply chain inventory cycle counting drones

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Limitations of Supply Chain Network Design Tools for Risk Management

River Logic

Supply chains continue to increase in complexity as they are leveraged to drive greater value through increased output at lower costs. As supply chains become more intricate, the ability to analyze risk simultaneously becomes more difficult and more important. Risk Analysis Supply Chain Risk Management

Transportation Network Modeling: A Powerful Tool in Greenhouse Gas Emissions Reduction Strategy

Talking Logistics

Companies need to be fully aware of global climate change conversations and how they will impact their supply chain in the near future. One of the biggest driving forces behind controlling greenhouse gas (GHG) emissions and climate change is the Paris Agreement. On September 3, 2016 China and the US agreed to ratify the Paris Agreement on climate change.

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2020 Database Strategies and Contact Acquisition Survey Report

As buyer expectations continue to heighten, marketing and sales teams are feeling pressured to deliver authentic messaging to buyers at every point of their customer journey. This report aims to highlight the current state of B2B database and contact acquisition strategies, and organizations’ goals to leverage data to fuel their go-to-market strategies in 2020 and beyond.