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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 ? Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. Read on for common use cases. .

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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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Using Data to Improve Supply Chain Operations

Material Handling and Logistics

Learn how to organize your data operations in alignment with supply chain strategy. Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry—think Amazon. More data is coming in than ever before.

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Digital Transformation in Logistics

Logistics Viewpoints

This survey-based research gathers quantitative data as well as information on practices or performance drivers. From a maturity standpoint, the majority of respondents are digitizing data and processes. But, it varies on how the data and processes are being used form a technology standpoint.

Digital 148
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FedEx CIO Attests to Data-Driven Strategies in Pandemic Times

IoT World Today

Indeed, some organizations spent several years laying the foundations for data-driven strategy and remote operations even prior to COVID-19. Data-Driven Strategies Become Core Value Proposition. This core principle of creating value through logistics data has ricocheted throughout FedEx’s IT restructuring and its future plans.

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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 ? Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. Read on for common use cases. .

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Top Transportation Technology Trends

Logistics Viewpoints

However, their predictions are based, in part, on a survey of more than 250 global shippers and logistic service providers. The survey covered what technologies they are currently using as well as their planned investments. In transportation, digital freight procurement and asset tracking & data mining are in broad use.