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7 Ways AI Can Impact Your Supply Chain and Logistics Operations

Stord

Love it or fear it, Artificial Intelligence appears to be the new normal in everything, including supply chain and logistics operations. From improved customer experience to greater inventory planning and forecasting, AI promises to make all of our lives easier and reduce those all-too-common supply chain headaches.

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Predictive Analysis in Logistics and Supply Chain: How to Apply

3PL Links

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms.

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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.

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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?

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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.

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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.

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Supply Chain Benchmarking for Beginners

FreightWaves SONAR

This is where having external benchmarking and analysis data becomes critical. SONAR Supply Chain Intelligence (SCI) empowers companies to strategically look at large projects or annual bids differently. By looking at lanes and whole supply chains with greater context (tender data, lane scores, peer rates, etc.),