Remove 2021 Remove Data Remove Examples Remove Survey
article thumbnail

Rise of the Industrial Data Scientist

Logistics Viewpoints

Enter the industrial data scientist, a new breed of data analyst with access to more industrial data than ever before and the advanced technology to translate that information into actionable intelligence. However, leveraging AI requires data science capability, which adds additional complexity to an already complex environment.

Data 133
article thumbnail

Leverage freight data for confident demand planning

FreightWaves SONAR

Lack of data, lack of conviction and lack of organizational agility all conspire to keep companies from recognizing medium-term opportunities and challenges and responding decisively. It’s hard to find good data that provides a view into the next few months of consumer behavior and economic activity.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navigating Uncharted Waters: SMB Importers, 2024 and Red Sea Crisis Lessons

Freightos

For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. This is a significant shift from late 2021, when 93% faced serious disruptions. In other words, this is a far cry from 2021 and its dramatic capacity shortage.

article thumbnail

The goldmine that is returns data

Logistics Business Magazine

Neil Adcock, Managing Director at Bis Henderson Consulting , reveals how to unlock the value hidden in returns data. between 2020 and 2021. To determine the appropriate returns strategy retailers need to understand what is going on and tapping into returns data may unlock some important insights. Getting hold of the data.

Data 61
article thumbnail

Going digital: B2B eCommerce and what it means for manufacturers and distributors

SYSPRO Smarter ERP

As recently as 2021, survey data reveals that 98% of manufacturers have, are, or are planning to implement an eCommerce strategy. Unifying data across silos: Often, critical business information resides in separate, siloed databases, complicating the task of unifying data for online sales.

article thumbnail

Key Challenges in Fresh Grocery & Supermarket Supply Chains

The Logistics of Logistics

For the most part, the retail market for fresh foods thrived throughout the pandemic, according to the Supermarket News 2021 Fresh Foods Trends Report. In a survey of retailers and wholesalers conducted from mid-March to mid-April, 81% said sales in the perimeter had increased over the previous 12 months.

article thumbnail

ERP ROI for the manufacturing and distribution CEO

SYSPRO Smarter ERP

A 2020 SYSPRO survey showed that 60% of manufacturing and distribution businesses were impacted by supply chain disruptions during the pandemic. Here are examples of the tangible return-on-investment (ROI) ERP can bring to your business: Maintain competitive advantage with ERP. Use ERP to improve operations and efficiency.