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In Focus: 2023 SCM Strategies for Industry Leaders

Locus

Locus attended the Gartner Supply Chain Symposium that took place in Orlando, Florida in May. Seven Themes Recommended at the Gartner Symposium 1. Without data and insights, creating strategies to enhance SCM is like groping in the dark. However, they also need to expand to meet the escalating demands of consumers.

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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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Big data and inventory management

EazyStock

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Unstructured data isn’t as accessible to search or export and is often text-heavy.

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Prescriptive Analytics is Going Mainstream. Is your Organization Ready?

AIMMS

According to Gartner, 11% of mid and large-sized enterprises currently have some form of prescriptive analytics. Source: Gartner, Forecast Snapshot: Prescriptive Analytics Software, Worldwide, 2019. Source: Gartner, Market Guide for Supply Chain Analytics Technology, May 28, 2019. More investment in data science .

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Labor Shortages in Supply Chain & Logistics: They’re Not Subsiding

Logistics Viewpoints

Today’s high-performing supply chain and logistics operations are rich in data generated by real-time GPS-based mobile applications and advanced logistics and analytics solutions. Knowledge workers are the hardest to hire and becoming more important. Supply chain and logistics success is driven by the quantity and quality of the workforce.

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[Infographic] Big Data Analytics in Supply Chain

GlobalTranz

Editor's Note: Today's blog is from our friend Derrick Rehn with FusionOps who shows us how big data analytics can benefit you in your supply chain. . As big data analytics offer a sizeable competitive advantage for many industries, the drive to deliver cutting edge innovation in data analytics is ever increasing.

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5 use cases of supply chain visibility and data for shippers

FreightWaves SONAR

As reported by Project 44 , “ Gartner projects that 50% of global companies will have implemented or invested in “real-time transportation visibility solutions.” Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. Download the White Paper.