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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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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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[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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Logistics Predictions: How Did We Do in 2022 and What Will 2023 Look Like?

Logistics Viewpoints

Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In the same ecommerce study, over 72% of consumers experienced a delivery failure over a three-month period. Somewhat nailed it. That’s pretty abysmal. 2023 call: The driver shortage doesn’t get better.

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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. According to Gartner, 11% of mid and large-sized enterprises currently have some form of prescriptive analytics.