data analytics

Enhancing customer experience with supply chain technology

Technology plays an increasingly large role in how supply chains operate and has created a sea change for the industry. Innovations such as analytics, virtual reality and warehouse automation have enabled lower costs, streamlined operations and happier customers. In fact, a majority of supply chain organizations embrace technology integration as a competitive advantage and are making sizable investments in it.

Let’s explore several innovations supply chain companies rely on in their day-to-day...

https://www.freightwaves.com/news/enhancing-customer-experience-with-supply-chain-technology

Supply chains have a forecasting problem

High frequency data is the solution to navigating a volatile environment

Warehouses are full of unneeded inventory due to the fact companies like Target and Walmart could not predict demand and production capability effectively. While few companies have come out with a supply chain success story from the past two years, there are lessons to be learned from the gross failure of demand side forecasts.  

The Outbound Tender Volume Index (OTVI) that measures truckload demand did not predict the...

https://www.freightwaves.com/news/supply-chains-have-a-forecasting-problem

Why I believe a freight recession is imminent

Trucks at a dock. (Photo: Shutterstock)

Last week, I published an article entitled “Just 3 years after 2019’s trucking bloodbath, another is on the way.”

For anyone who lived through the trucking debacle of 2019 – when carrier after carrier suddenly shut their doors – the thought of experiencing that again is truly frightening. After all, we lost some very large carriers during that period , including Celadon, Falcon and NEMF, just to name a few. In addition, we lost thousands of small and mid-sized trucking companies. In addition,...

https://www.freightwaves.com/news/why-i-believe-a-freight-recession-is-imminent

Moves like Jaggaer: The forefront of automatic replenishment

Jaggaer is at the forefront of the autonomous commerce revolution

Moving product from supplier to buyer is one of the biggest challenges brands face amid supply chain disruptions that have driven a wedge in the procurement process. But nobody moves quite like Jaggaer.

Headquartered within the Research Triangle in North Carolina, Jaggaer is a software platform that automates procurement for major clients like Siemens, JLL, AstraZeneca and even the government of Dubai. The company’s flagship solution, Jaggaer One, is a part of what CEO Jim Bureau has dubbed the...

https://www.freightwaves.com/news/moves-like-jaggaer-the-forefront-of-automatic-replenishment

GSCW chat: Predictive and prescriptive analytics’ place in the supply chain

FIRESIDE CHAT TOPIC: Predictive and prescriptive analytics 

DETAILS: When you are making a value proposition to current and prospective customers, prescriptive and performance analytics should be part of your continuous improvement plan. Randy Ofiara chats about all things continuous improvement and the value of historical data as a way to move forward.

SPEAKER: Randy Ofiara, VP managed logistics, BlueGrace Logistics.

BIO: Ofiara has a background in transportation ranging from automotive and...

https://www.freightwaves.com/news/gscw-chat-predictive-and-prescriptive-analytics-place-in-the-supply-chain

Medically Necessary: Data, Data, Data

Investing In Data Management

The world of supply chain management in health care is evolving extremely fast, as COVID-19 (see graph) has been a significant influencer of technology development. However, like COVID, the state of some organizations’ data was a shock; many were unprepared for the future and the cost associated with modernizing. It is estimated that most companies will be increasing their technology budgets, but with a worldwide shortage of semiconductors and other parts, the...

https://www.freightwaves.com/news/medically-necessary-data-data-data

Commentary: 5 keys for CPG firms to better manage the supply chain crisis

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

Shoppers across the globe will likely be greeted by empty shelves or website stock-outs during the 2021 holiday season. It’s a perfect supply chain storm of increased demand and severely constrained supply and labor. Pent-up demand from the pandemic is leading to an increase in both online and in-store orders while Covid-19-related restrictions, combined with...

https://www.freightwaves.com/news/commentary-5-keys-for-cpg-firms-to-better-manage-the-supply-chain-crisis

Google Cloud brings on Cart.com to overhaul its DTC e-commerce

Google Cloud partners with Cart.com, end-to-end e-commerce platform, to provide data analytics for its brands

In order to survive in today’s world of rapid-fire commerce, you either need to be an e-commerce business or you need to be working with one. Even after skyrocketing in 2020, e-commerce sales are projected to grow another 18% to 23% year-over-year in 2021, according to the National Retail Federation.

Unsurprisingly, one of the United States’ largest corporations is well aware of this. Google Cloud, the cloud computing arm of Alphabet, is partnering with e-commerce-as-a-service (ECaaS) company...

https://www.freightwaves.com/news/google-cloud-brings-on-cart-com-to-overhaul-its-dtc-e-commerce

Data Insights & Machine Learning To Take Over Maritime Sales

Data insights and machine learning take charge of the maritime sales process, reports GateHouse Maritime

Data insights to improve sales

While the maritime industry has been hesitant engaging in use of data insight and machine learning, the table is now about to turn. Today, an increasing number of maritime companies actively use data insights to improve sales, supply chain activities, and increase revenues – among these the worlds’ largest ship supplier, Wrist Ship Supply.

The need for efficiency...

https://mfame.guru/data-insights-machine-learning-to-take-over-maritime-sales/

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