Remove Analysis Remove Blog Remove Strategy Remove Supply Chains
article thumbnail

Improving Supply Chain Visibility: The Impact of Data Strategy

3PL Links

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. It is important to answer the following questions: What is the goal of developing a data strategy?

article thumbnail

Use Digitization to Transform Chemical Supply Chain Planning Copy

CLX Logistics

How to Elevate Your Logistics Operations with AI & ML Technology Global supply chain organizations are embracing digitization to propel their supply chain planning to new heights. What is Supply Chain Planning? Data informs transportation capacity and rates.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

4 Steps to a successful supply chain automation

SYSPRO Smarter ERP

Supply chain automation is the use of digital technologies to improve efficiencies, connect applications and streamline processes within supply chain operations. If your factory is the heart of your organization, then your supply chain is the veins and arteries. How long does each task take?

article thumbnail

Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

article thumbnail

Top 10 Practical Supply Chain Management Tips for Businesses

3PL Links

Image source: Shipbob | Top 10 Practical Supply Chain Management Tips for Businesses Effective supply chain management becomes an increasingly important sector full of strategic opportunities and difficulties in an increasingly dynamic and complicated network. requires this cooperative integration.

article thumbnail

Four Ways of Using Cluster Analysis in Retail Management to Improve Sales

Logistics Viewpoints

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.

article thumbnail

Scaling the Supply Chain: A Comparative Analysis of Logistics in SMEs and Startups

Logistics at MPEPS at UPV

In today’s fast-paced and evolving business landscape, effective supply chain management is critical for the success of any organization, regardless of its size. A recent survey by Accenture (2021) revealed that 72% of SMEs and 78% of startups are actively investing in digital supply chain solutions.