Logility

MARCH 13, 2020

Here’s your two-minute guide to understanding and selecting the right descriptive, predictive and prescriptive analytics for use across your supply chain. Companies that are attempting to optimize their S&OP efforts need capabilities to analyze historical data, and forecast what might happen in the future.

Prescriptive Analytics Software 208

Prescriptive Analytics Software Predictive Analytics Procurement Analytics Analytics Software 208

Enterra Insights

FEBRUARY 3, 2016

“Nobody needs to be told that data is becoming more complex,” writes Adrian Bridgwater (@ABridgwater). The post Big Data Analytics are Improving Business Performance appeared first on Enterra Solutions. “Every user realises that all … Continued.

Big Data 100

Big Data Procurement Analytics Analytics Software Analytics 100

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 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

GlobalTranz

AUGUST 7, 2015

Big data utilization is the wave of the future for all aspects of business including supply chain management. The problem is that not every company has the resources to begin the process of big data management and have yet to see the extent of benefits it can provide to analyze and use such data management.

Big Data 120

Big Data Analytics Software Predictive Analytics Procurement Analytics 120

Enterra Insights

MAY 26, 2022

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Manufacturing Procurement Predictive Analytics Software 130

Jaggaer

JUNE 18, 2019

JAGGAER InsideSpend Thought leadership Series – In this blog series, we profile leaders in the procurement industry. We hope their insights and experiences inspire you to achieve greatness in procurement. A conversation with Walter Charles, Chief Procurement Officer at Biogen. . Procurement Trends in Manufacturing.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

GlobalTranz

NOVEMBER 17, 2016

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. Ask Traditional Questions, and Let Big Data Provide Answers. Transportation modes used in procurement and shipping. Demand forecasts.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

GlobalTranz

NOVEMBER 14, 2016

Big data will be a defining force in the future of logistics, but the benefits of big data are already being felt. This graphic shows the true scope of impact of big data in the Transportation, SupplyChain & Logistics industries. . Reduced Operational Costs. . Obviously, there is a lot going on.

Big Data 120

Big Data Modeling Transportation Data 120

Enterra Insights

NOVEMBER 4, 2020

Even before the coronavirus pandemic closed physical stores and forced consumers online, they were journeying on the digital path to purchase in increasing numbers. ”[1] As a result of increased digital-path-to-purchase activity, online marketplaces have flourished. . Staying Current Using Real-time Analytics. ”[2].

Procurement Analytics 100

Procurement Analytics Purchasing Skills Procurement Solutions Analytics Software 100

Freightos

MARCH 23, 2016

And, like many other logistics startups , we’re particularly enthusiastic about how Big Data can change the way goods are moved around the world. Getting Smart With Logistics Big Data. Much like IT, the supply chain is no longer a cost center … but instead a profit driver. Bottom line?

Big Data 120

Big Data Logistics Network Optimization Software Data Predictive Analytics Software 120

Supply Chain Shaman

FEBRUARY 1, 2024

I see a preponderance of reports and white papers that have lots of pages but say little. Optimization engines to improve functional metric performance resulted in an exploding number of planners. days to receive a purchase order confirmation. The average purchased order changes 3.5 Back to John. On average, it takes 2.8

Supply Chain Planning Software 345

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 345

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. Those tools became possible with the creation of large datasets (aka big data) and the maturation of artificial intelligence (AI). ” Types of analytics. 2] They are: 1.

Predictive Analytics 124

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 124

GlobalTranz

NOVEMBER 18, 2016

Big data applications are already impacting supply chain entities around the globe, but some of its most interesting possibilities may have yet to be realized. However, the current progression of big data does give rise to some very tangible benefits to your company within the next five years.

Big Data 120

Big Data Material Savings Supply Chain Planning Software Data 120

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. ” Her answer was telling.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

Unleashed

JANUARY 27, 2020

Big data refers to the process of examining and analysing large and diverse data sets for the purpose of uncovering valuable information to help businesses make informed decisions. The relationship between SMEs and big data is not contradictory, because no business is too small for big data.

Big Data 63

Big Data Analytics Software Predictive Analytics Software Purchasing Skills 63

Supply Chain Shaman

NOVEMBER 11, 2020

On September 30, the big data company Palantir went public in an initial 22B$ market valuation. I am frequently asked, “Can a big data data science company help to alleviate the current market pain in the supply chain?” Data science is only useful when companies are clear on the question to ask.

Supply Chain Design Software 307

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 307

Enterra Insights

MARCH 13, 2018

The good news is almost every organization has access to data and, increasingly, has the means to mine that data. Gary Cokins ( @GaryCokins ), founder of Analytics-Based Performance Management LLC, asserts, “Analytics is becoming a competitive edge for organizations. ” Gaining a competitive edge.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Analytics Software Predictive Analytics Procurement Analytics 100

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Focus on Cost. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. A Zealous Focus on Cost. A Decline in Innovation. Less Collaborative.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Enterra Insights

MAY 6, 2021

In the area of big data, geological features are often used to depict the enormity of the data involved. ” Alexandrov and Vesselinov write, “A seemingly bottomless ocean of ‘big data’ has flooded our world. Hausman reports that many companies haven’t learned that lesson.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Analytics Software Data Supply Chain Network Software 130

Supply Chain Game Changer

NOVEMBER 12, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? And What is Purchasing? As we’ve chronicled on the Argentus Blog, it’s no secret that the world of Procurement is changing and fast. Procurement, you’ve come a long way, baby!

Procurement Analytics 54

Procurement Analytics Manufacturing Procurement Optimal Sourcing Procurement 54

NC State SCRC

JULY 5, 2019

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Analytics Software Procurement Solutions 40

The Logistics & Supply Chain Management Society

OCTOBER 10, 2022

From stocking up your fridge with the week’s groceries to purchasing the latest smartphone, the consumer has now been placed at the center of the supply chain as they pull the complete gamut of products to where they reside. drop, and it continues to set new standards for delightful post-purchase customer experiences. That’s an 87.5%

Logistics Network Optimization Software 242

Logistics Network Optimization Software Supply Chain Planning Software Analytics Software Procurement Solutions 242

Enterra Insights

AUGUST 31, 2015

According to a report prepared for the World Economic Forum by Bain & Company, “Personal data is becoming a new … Continued. The post What the Truman Show Can Teach Us about Big Data appeared first on Enterra Solutions.

Big Data 100

Big Data Data Procurement Analytics Procurement Solutions 100

SCM Research

MAY 15, 2017

Today’s guest post comes from Lydia Bals, who presents project PERFECT’s recent insights on competences in purchasing & supply management. Digitization is expected to particularly impact PSM operational tasks with regards to automation: Sub functions, especially taking care of the purchase-to-pay process, are expected to disappear.

Purchasing Skills 112

Purchasing Skills Procurement Analytics Case Study Modeling 112

ThroughPut

MAY 3, 2024

It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

EazyStock

OCTOBER 10, 2018

Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. In most enterprise scenarios, the volume of data is too big, moves too fast and exceeds processing capacity of existing applications.

Inventory Management Software 45

Inventory Management Software Big Data Inventory Management Supply Chain Planning Software 45

Enterra Insights

MARCH 3, 2015

Gartner analyst Jake Sorofman (@jakesorofman) reports that Gartner’s 2015 Marketing Spending Survey concludes, “Customer experience is the most pressing mandate … Continued The post Customer Experience (CX) Highlights the Digital Path to Purchase appeared first on Enterra Solutions.

Procurement Analytics 100

Procurement Analytics Procurement Solutions Gartner Big Data 100

Supply Chain Game Changer

MARCH 28, 2020

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement is strategic! Now is the time for Procurement to SELL! Could the CPO Be Replaced by the Chief Value Officer?

Procurement Analytics 71

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 71

NC State SCRC

DECEMBER 30, 2018

One of our newest SCRC partners, Siemens Building Technologies, recently shared their insights on creating an analytics strategy. This effort was led by the Chief Procurement Officer for Siemens BT, Carl Oberland, but has recently been rolled out across the global organization. What is digital governance and stewardship?

Procurement Analytics 60

Procurement Analytics Analytics Software Predictive Analytics Analytics 60

Enterra Insights

MAY 31, 2022

We live in a digital age in which, according to Yossi Sheffi ( @YossiSheffi ), Director of the MIT Center for Transportation & Logistics, big data is an organization’s most valuable asset. Today, it’s not people but data that tops the asset value list for companies.”[1] 1] Staff writers at Gadget go even further.

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Logistics Viewpoints

FEBRUARY 5, 2024

Russell Zuppo, a vice president for consulting services at Uber Freight, reports that in their customer base, Walmart suppliers are currently paying 0.16% of the cost of goods sold in fines to Walmart. The fines, Uber Freight reports, vary by the costs of the products being sold to Walmart.

Shipping 277

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 277

Supply Chain Shaman

APRIL 16, 2024

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. Outside-in Planning: Modeling based on channel and supply network signals. This week, I was at Informs Analytics Conference.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Modeling 221

Supply Chain Shaman

MAY 26, 2023

In these conventional IT approaches, data is written and coded with fixed semantics into rows and columns. I term this our data jail. Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. The focus of the Gartner Magic Quadrant.)

Optimal Sourcing 345

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 345

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. What Do Supply Chain Analytics Have to Do With This Ability?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

NC State SCRC

SEPTEMBER 23, 2016

IBM hosted a roundtable for the Center for Advanced Purchasing Studies, with executives from P&G, US Steel, CB&I, Mastercard, and others attending. In that session, Dan Carrell from IBM shared a number of key perspectives that is driving IBM to diversify into the world of analytics.

Optimal Sourcing 40

Optimal Sourcing Big Data Procurement Analytics Procurement Solutions 40

Enterra Insights

JULY 18, 2019

.”[1] At the same time, writes SAS’ Rodney Weidemann, “The impact of emerging technologies such as artificial intelligence, machine learning and cognitive computing — the latter underpinned by big data and advanced data analytics — is beginning to be felt.”[2] Omnichannel operations and big data.

Omnichannel 162

Omnichannel Analytics Software Predictive Analytics Software Purchasing Skills 162

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. Or planned orders to purchase orders?) Data Everywhere, Insights Are Few. In one of the case studies, a manufacturer reported that they had 1700 employees with the term “data” in their title, but they lacked insights. And how do we measure it? (Is

Supply and Demand 388

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 388