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Data key to tackling forecasting challenges

FreightWaves SONAR

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022. and Target Corp.

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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.

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Freight market data size matters: 5 key hallmarks of data sets that improve transportation procurement

FreightWaves SONAR

According to Richard Howells of Forbes , the 2020 Oxford Economics survey found “49% of supply chain leaders (the top 12 % of respondents) can capture real-time data insights and act on them immediately, while 51% use AI and predictive analytics to capture insights. Freight market data size consistency matters.

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New Year Resolution: Start Collecting More Data in 2021

Blue Grace Logistics

Most of us are happy to have put 2020 behind us. If 2020 has taught businesses anything, it’s that our supply chains are not nearly as secure as we might have once thought. If 2020 has taught businesses anything, it’s that our supply chains are not nearly as secure as we might have once thought. The Big Benefits of Big Data.

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High-frequency data points to ongoing demand surge

FreightWaves SONAR

This is a complete break from tradition — excluding the pandemic-fueled rise in 2020.” This would require a return to confidence in their demand planning, something that has been largely absent since 2020, but it does line up with the current maritime narrative.”

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Guest blog: With the Truck Driver Shortage, How Many More Drivers will be Enough?

CH Robinson Logistics

Robinson’s own technology and data from the largest network in the freight industry, help our customers stay on top of the trends that influence their supply chains. As a researcher at Michigan State’s Broad College of Business, I will explain how I arrived at this figure, based on available data. Analysis of employment data.

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Summer Reading 2018: Top 6 Blogs on Supply Chain Analytics

AIMMS

The list includes trending blog posts, our latest webinar and a brand-new Buyer’s Guide for S&OP. Best of our blog . Spreadsheets still dominate in supply chain planning, but as this blog by Chris Gordon tells us, that may not be for long. million positions may go unfilled by 2020.