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FedEx Works to Monetize their Big Data

Logistics Viewpoints

A network effects business model allows a company to gain more value as more companies use its products or services. Google and Twitter mainly monetize the data through targeted advertising. Google and Twitter mainly monetize the data through targeted advertising. FedEx enriches this data with weather and traffic data.

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Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

How are companies leveraging scenario modeling for network design and optimization ? The company modeled scenarios and performed simulations in AIMMS Network Design Navigator with all their products grouped together. In the context of disruptions like COVID-19, scenario modeling can make considerable difference – Tweet this.

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How business intelligence can enable you to be a data-driven manufacturer

SYSPRO Smarter ERP

The manufacturing industry is currently undergoing a rapid digital transformation, and as a result, companies are generating vast amounts of data. Unfortunately, without proper processing and analysis, this data is of little use to the organization. This empowers teams to improve processes, reduce costs, and increase efficiency.

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4 Ways to Enhance Warehouse Efficiency with Prescriptive and Predictive Analytics

Logistics Viewpoints

Traditional slotting solutions require customized models, extensive engineering, measurement, and data collection. Newer, more dynamic slotting models use AI to eliminate the need for manual engineering and measurement. Better still, the model adapts to your DC and evolves as conditions change, providing continuous optimization.

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How Data Analytics Can Solve the Challenges Faced by SC Leaders in Discrete Manufacturing

“Supply chain analytics creates new insights that help improve supply chain decision making from the improvement of front-line operations to strategic choices, such as the selection of the right supply chain operating models.” – McKinsey & Company. Inconsistent data on safety stock levels.

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Why near-real-time electronic freight tender trucking data is more reliable than waiting on submitted data

FreightWaves SONAR

Data for data’s sake lacks value, especially in the view of the supply chain. And across the market, submitted data becomes rapidly outdated. And in some industries, outdated data can have disastrous consequences. For instance, take the value added by more accurate data in the health industry.

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Fixed Logistics Model vs Flexible Logistics Model

Locus

With the supply chains of all businesses going through a transformational shift, it is important for them to make tough decisions concerning logistics models. After the pandemic hit, flexible logistics models helped businesses to easily penetrate into dense urban markets at economical costs. What is fixed logistics?

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Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Organizations need to focus on demand driven supply planning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar). Focusing on this information once per month during the S&OP meeting is too late for all business units to align.