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Forecasting: Getting Your Supply Chain Forecasting on Track in 2021

Supply chain forecasting is the difference between data-driven decision-making and floundering in the dark—here’s how companies can ensure theirs is as good as can be in 2021. Prior to the pandemic, companies had a bit of wiggle room in regards to their forecasting. Despite being important, a relatively stable market meant they didn’t have to be on the […]

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Demand Sensing: 5 Ways it Helps Supply Chains Deal with Uncertainty

Supply chains are having to deal with uncertainty now more than ever—here are 5 ways that demand sensing is helping them manage it. Today’s supply chain’s success is marked by the speed at which it can respond to the demands placed upon it. Companies have to be able to deal with the unexpected. Fast. There […]

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How Predictive Maintenance is Changing Supply Chains

The aid of technology has changed supply chains in countless ways, with one of the most prominent drivers of change in recent years being predictive maintenance. As supply chains get more complex, they require greater oversight and care. As such, with machines and robots and a variety of complex technology comes numerous benefits yet also potential […]

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Creating Actionable Supply Chains with Prescriptive Analytics

Prescriptive analytics is a decision making model that can help supply chains meet the increasing demands that have resulted from the revolution of technology. Now more than ever, the supply chain and logistics industry is under pressure to meet the unprecedented growing demands of consumers. In addition, they also must meet demands with efficiency and […]

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Predictive Analytics Improves End-to-End Visibility in Supply Chains

Predictive analytics is a technology tool that is improving the end-to-end customer experience of the retail, healthcare and transportation industry. The increase in consumer demand is becoming more apparent across global markets and a variety of industries. This month, multinational retail corporation, Wal-Mart, announced their partnership with ‘actionable predictive intelligence’ platform, FourKites. According to Digital […]

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A Look at Artificial Intelligence and Predictive Analytics in the Supply Chain Today

Global supply chains fear the possibility that technology will disrupt. But the ability for emerging platforms to help SME’s achieve competitive differentiation remains strong. There is no denying that digitization of the supply chain has evolved at an exponential rate. It has caused many industries to remain on their toes when it comes to increasing […]

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