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

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

Supply Chain Shaman

DECEMBER 30, 2021

There is no good system for visibility. Few planning systems update delivery based on actual dwell times; and despite the abundance of Internet of Things (IOT) data, there is no place to put streaming data signals into traditional planning systems. Truck drivers report that maintenance issues are a constant nightmare.

Supply Chain Design Software 452

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 452

Talking Logistics

AUGUST 23, 2013

I went to Home Depot earlier this week to return a purchase, and the customer in front of me wanted to exchange a defective power tool with the same model, but he couldn’t find any on the shelf even though the store’s inventory system said 5 units were in stock. Kewill Announces Intention To Acquire Four Soft.

Prescriptive Analytics Software 174

Prescriptive Analytics Software Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 174

ThroughPut

FEBRUARY 18, 2025

In todays fast paced industrial world, inventory mismanagement poses substantial financial risks. With approximately $30 trillion of trade flowing from node to node, inventory rebalancing or mismanagement contributes to two major and often preventable issues: lost uptime, and lost sales. The Solution: ThroughPut.AI

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Waste Reduction Cost Reduction Strategies 52

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

The Logistics & Supply Chain Management Society

JULY 20, 2020

What actions should leaders take to manage supply chains for least cost and least risk, as well as to prosper from opportunities appearing due to the crisis? Business leaders typically focus on optimising operations and partnership, gaining market share, advancing the use of technology and improving profitability. Industry 4.0.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. I found the topic–so simply expressed–required deep thought.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Silvon Software

MAY 1, 2024

Predictive Analytics has emerged as a pivotal tool in this quest, offering unprecedented foresight into market trends, consumer behavior, and operational efficiencies. Without a solid BI backbone, predictive analytics will be limited in its ability to yield accurate projections of future business performance.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Predictive Analytics Software Analytics Software Predictive Analytics 59

DELMIA Quintiq

MARCH 18, 2016

I purchased my first fitness tracker, set my goals, and the competition began. In supply chain planning, we are driven by metrics. We focus on reducing miles driven, making a delivery in hours instead of days, minimizing inventories, or increasing the utilization of our workforce. And thus, Friends with Fitbits was born.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Optimization 202

Enterra Insights

MAY 29, 2019

Technology is constantly changing and efforts to keep up with those changes can be both head-spinning and costly. Nevertheless, there are some technologies that must be adopted in today’s business environment. One of the most important areas for technology investment is the supply chain. Advanced analytics.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Analytics Software 100

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?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

ToolsGroup

SEPTEMBER 13, 2016

Today’s blog analyzes how to compete in this multichannel environment that requires serving the customer in ways that remove the barriers that make consumers think twice about making the purchase. And Gartner reports that more than half of supply chain executives say they are increasing their investment in analytics and smarter algorithms.

Supply Chain Software 120

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Modeling 120

Supply Chain Shaman

SEPTEMBER 13, 2016

It requires rethinking business outcomes using advances in technologies through a redesign of supply chain processes. ” I am disrupting the traditional analyst model to fuel the disruption. They will challenge commonly accepted best practices and test new technologies. We must disrupt the status quo.”

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

Kinaxis

JULY 19, 2017

None is feeling the effects more pointedly than those in consumer packaged goods (CPG), as all this new technology has fundamentally altered the way consumers research and shop for products. He outlined eight emerging technologies that are most likely to drive dramatic changes across the CPG supply chain. Connected home.

Supply Chain Design Software 279

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Gartner 279

Supply Chain Shaman

NOVEMBER 27, 2016

I am facilitating a workshop between supply chain business visionaries and technology innovators. Just as the Internet spurred connectivity, B2B processes, and new business models, I am trying to stimulate the discussions and business models to redefine B2B. Five Technology Trends That Excite Me. It will take us awhile.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Trends Prescriptive Analytics Software 150

Enterra Insights

SEPTEMBER 6, 2018

Big data is both wide and deep and skimming the surface never provides the insights that can be obtained through advanced analytics. ”[3] To ensure companies don’t drown in an ocean of data, they recommend using advanced analytics. .”[3] The usefulness of advanced analytics. The growing ocean of data.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Data Predictive Analytics Analytics Software 100

Enterra Insights

JUNE 22, 2023

With the maturation of artificial intelligence (AI) systems, predictive analytics have grown in importance. The difference between traditional forecasting and predictive analytics is granularity. In contrast, forecasting provides overall aggregate estimates, such as the total number of purchases next quarter.

Supply Chain Performance 130

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 130

ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. This technology sifts through complex data to forecast potential disruptions and market trends, allowing companies to plan ahead instead of reacting in the moment.

Prescriptive Analytics Software 52

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

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

Reducing the supply chain costs will help companies bring down the total cost. Effective inventory management can help businesses save up to 30%. Inventory Management plays a vital role. Inventory visibility can be the difference between good or poor profitability. But how a company manage their inventory well?

Prescriptive Analytics Software 20

Prescriptive Analytics Software Agile and Lean Supply Chain Supply Chain Planning Software Inventory Management Software 20

Precoro

APRIL 18, 2023

On the other hand, a software development company wouldn’t need to purchase raw materials but rather goods – such as hardware – and services, like software subscriptions. Shipping Rates Delivery cost makes up a significant part of a company’s procurement expenses, so visibility is essential for taming the spending.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Talking Logistics

SEPTEMBER 13, 2016

To build more powerful relationships, extending across a critical mass of trading partners, companies need to utilize a robust platform like a supply chain operating network, which leads to increased visibility for continuous improvements in company performance, agility, and differentiation.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

RFgen

AUGUST 16, 2018

Predictive analytics aren’t a sci-fi vision. Big data isn’t a new concept, but the technology has matured from technical and accessibility perspectives, making it a realistic option for organizations working to ramp up their supply chain operations. Exploring Predictive and Prescriptive Analytics.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Procurement Analytics Predictive Analytics Software 52

RFgen

AUGUST 16, 2018

Predictive analytics aren’t a sci-fi vision. Big data isn’t a new concept, but the technology has matured from technical and accessibility perspectives, making it a realistic option for organizations working to ramp up their supply chain operations. Exploring Predictive and Prescriptive Analytics.

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Procurement Analytics Predictive Analytics Software 52

Supply Chain Shaman

DECEMBER 30, 2021

The supply chain can handle cost increases more easily than variability. Variability increased during the pandemic and there is no good system for visibility. Truck drivers report that maintenance issues are a constant nightmare. The current models for the technology providers are self-serving. The reason?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Talking Logistics

MARCH 23, 2016

Here are some tips on how to enable end-to-end visibility across your enterprise: Sense and respond are critical processes for supply chain visibility and can only be achieved through a collaborative network that is coupled with robust business process orchestration and advanced analytics. Increased forecast accuracy of about 25%.

Supply and Demand 100

Supply and Demand Supply Chain Visibility Prescriptive Analytics Software Real-time Visibility 100

Talking Logistics

MARCH 17, 2016

I purchased my first fitness tracker, set my goals, and the competition began. In supply chain planning, we are driven by metrics. We focus on reducing miles driven, making a delivery in hours instead of days, minimizing inventories, or increasing the utilization of our workforce. And thus, Friends with Fitbits was born.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Prescriptive Analytics Software 100

Unleashed

FEBRUARY 29, 2024

Retail software is a range of technological solutions that can help retailers improve customer satisfaction, profitability, efficiency, and productivity by streamlining manual tasks. Retail software automates critical business processes in a way that traditional systems cannot. What is retail software?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Analytics Software Supply Chain Planning Software 52

Logility

DECEMBER 11, 2018

Continuous planning is the ability to use near real-time information from your extended supply chain to modify demand, replenishment, supply, purchasing, manufacturing, inventory deployment and distribution plans. Common Data Platform to enable visibility and analysis across functions. Glad you asked…. Sounds great, right?

Supply Chain Planning Software 100

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Software Supply Chain Planning 100

BlueYonder

JANUARY 31, 2023

The visibility will include not just the short-term purchase order or ASN-level visibility, but also the tactical kind of forecast collaboration with the suppliers. Salim: It’s important to note that it takes more than just enabling technology to be successful. The last success factor is data.

Automotive 113

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 113

ThroughPut

MAY 3, 2024

77% of the world’s largest ports are still facing backlogs, and that doesn’t just affect your logistics efficiency and costs, it impacts your entire supply chain and business. That is why logistics management software (LMS) is so much more today than what it used to be. What is Logistics Management Software And How Does It Work ?

Procurement Solutions 52

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

ThroughPut

APRIL 6, 2020

Also, it includes the key considerations such as how much of the product or service to sell and finally choosing the most cost-effective markets to operate in. It involves the application of processes and tools to ensure the optimal operation of a manufacturing and distribution supply chain. Inventory control.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 98

Elementum

FEBRUARY 7, 2024

By integrating technologies such as AI and machine learning right from the start, DPO not only solves complex operational challenges but also drives significant growth. Advances in technology drive the automation and continuous improvement of business workflows.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

ThroughPut

APRIL 2, 2020

Also, it includes the key considerations such as how much of the product or service to sell and finally choosing the most cost-effective markets to operate in. It involves the application of processes and tools to ensure the optimal operation of a manufacturing and distribution supply chain. Inventory control.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 52

6 River Systems

FEBRUARY 3, 2020

Technology can have a significant impact on supply chains, but supply chain digitization still lags behind digitization of other areas of business across many industries. Still, there are several technologies that are transforming supply chains for the organizations that adopt them.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 59