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The Role of Data Analytics in Supply Chain Management

3PL Links

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

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How Big Data And Analytics Are Transforming Supply Chain Management

The Logistics Academy

Supply chain management is a field where Big Data and analytics have obvious applications. Until recently, however, businesses have been less quick to implement big data analytics in supply chain management than in other areas of operation such as marketing or manufacturing.

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Dissecting the Transformation: A Critical Examination of Logistics Education in Universities

Logistics at MPEPS at UPV

The curriculum now covers various dimensions of logistics, including procurement, production, transportation, and distribution, with increased emphasis on technology and data analytics (Fawcett & Waller, 2014). Journal of Business Logistics, 35(3), 157-164. Logistics education matters. building a winning team).

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4 Important Benefits of a Sustainable Reverse Logistics Strategy

GlobalTranz

A reverse logistics strategy provides a path for removing the existing equipment to make way for the next era of equipment in the case of end of life products or new upgrdes. In a sense, reverse logistics could be considered the “greenest” part of any business logistics strategy.

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Retailers Are Feeling The Pain In The Profit Line For Free Return Policy

LandLink

Nailing down exact numbers on return rates is notoriously difficult, but compiled data from separate sources paints a bleak portrait, especially for online retailers. The holiday season, of course, is the one to dread in the returns departments. In the U.S. alone, Statista estimates return deliveries will cost $550 billion by 2020, 75.2%

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5 Skills Necessary For Maximizing Logistics Effectiveness

GlobalTranz

Editor's Note: Today's blog is from our friend Robert Everett who gives us some fantastic tips for managing logistics effectiveness. The latest news from the world of high technologies: Microsoft is going to store data as DNA. The time of a logistics cycle can always be shortened. Process improvement.

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Supply Chain & Logistics Education: Ask the Professors

The Logistics Academy

Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. All of our logistics and supply chain management programs incorporate online education to some extent. They must know which data deserves priority for a given problem.