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

Logistics Viewpoints

The study shows that the labor shortage has not abated, with 76% of respondents indicating they are facing notable shortages. According to the study, 30% of respondents indicated customer service was very to extremely impacted by resource constraints while only 12% said it was not affected in any way. is not a ‘good news’ story.

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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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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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[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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Catch up on Supply Chain Analytics news with our Summer Reading List

AIMMS

The list includes the best of our blog and news items, our latest webinars and most recent case studies. Chris Gordon, AIMMS VP North America, discusses this on our blog. Often, teams think they also need plenty of clean and accurate data to do it right.

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What is vertical integration and why is it a growing trend amongst manufacturers?

SYSPRO Smarter ERP

There is no doubt that data from operational machinery and enterprise systems can both influence the performance of a manufacturer. appeared first on SYSPRO Blog. Why is vertical integration growing? While there are challenges in communication protocols, the technology is available to make this process easier.