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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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How to Utilize Data to Drive Planning Changes and Improve OTD & Fill Rates

Blue Grace Logistics

Case Study. How to Utilize Data to Drive Planning Changes and Improve OTD & Fill Rates. With persistent disruptions to the supply chain, having transparency to accurate data is crucial in forecasting, being able to stay agile, and combatting interruptions. What is the importance of having access to data in ?

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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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Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis

Log-hub

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

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Beyond data: Supply chain intelligence offers pathway to reduced spend, improved relationships

FreightWaves SONAR

Logistics is a complex and swift-changing industry, and decision makers need to be armed with accurate data – and actionable insights – when navigating the evolving landscape. Shippers understand the importance of data. This is especially true in the face of the current freight recession.

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Logistics Outsourcing Calls for Robust Data Portfolios to Create Enduring Supply Chains

Blue Grace Logistics

Although supply chains are starting to normalize and rebound, COVID-19 exposed a lot of weaknesses and led shippers to gain a better understanding of the importance of data portfolios, which is the primary purpose of outsourced logistics solutions. Visibility and data remain top-value propositions that outsourced logistics entities solve for.

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How to Get a Job in the Supply Chain Sector

Logistics Bureau

One study shows that one in three companies in the United States has jobs that are taking nine to 12 months to fill. Another study reveals that the demand for supply chain talent exceeds supply by 6 to 1. You could be particularly numerate, or into analysis. This is expected to widen to 9 to 1 in the years ahead.