Remove supply-chain
article thumbnail

How to Become a Supply Chain Analyst in 2023?

Analytics Vidhya

Introduction In a world where laptops travel thousands of miles before reaching your doorstep and your favorite restaurant’s secret ingredient arrives from afar, the global supply chain orchestrates this intricate dance of goods and services. With a […] The post How to Become a Supply Chain Analyst in 2023?

Analytics 330
article thumbnail

AI/ML Use Cases for Supply Chain Management (SCM)

Analytics Vidhya

Introduction Supply Chain is a core component for most organizations. Hence implementation of Supply Chain Management (SCM) business processes is very crucial for the success (improving the bottom line!) The post AI/ML Use Cases for Supply Chain Management (SCM) appeared first on Analytics Vidhya.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Examples of How Big Data in Logistics Can Transform The Supply Chain

datapine

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. According to studies, 92% of data leaders say their businesses saw measurable value from their data and analytics investments.

Big Data 275
article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

article thumbnail

Hype Cycle for Supply Chain Strategy, 2020

Find out what's essential to supply chain excellence. Read the latest insights on AI, IoT, network design, machine learning, prescriptive analytics and other hot technologies. What’s inside? Gartner’s latest recommendations on tried and true capabilities. Research insights on new technologies. Vendors you can work with.

article thumbnail

Supply chain woes? Analytics may be the answer

CIO Business Intelligence

Supply chain woes continue to plague organizations around the world and in virtually all sectors. For some, leveraging data and analytics tools is proving to be an effective way to address the challenges. Disruptions to global supply chains due to the COVID-19 pandemic have been significant.

Analytics 144
article thumbnail

15 Supply Chain Metrics & KPIs You Need For A Successful Business

datapine

It’s the supply chains that are competing.” The supply chain is essentially the backbone of any business: a living ecosystem that ensures the smooth, efficient, and consistent delivery of a product or service from a supplier to a customer. What Are Supply Chain Metrics? Cash-to-cash Time Cycle.

Metrics 260
article thumbnail

New Research: The State of Supply Chain Network Design in 2022

This report explores how the state of supply chain network design has changed – including how the tools, maturity models, and market demands are transforming the network design practice. Advanced analytics & Scenario Modeling. This report is useful if you are interested in: Exploring new network design insights and capabilities.

article thumbnail

Common Use Cases for Mathematical Optimization

Mathematical optimization is a subset of artificial intelligence and a type of prescriptive analytics. How can this type of prescriptive analytics be applied to lower costs, reduce carbon emissions and build more resilient supply chains? Want ballpark estimates of value and benefits achieved through optimization.

article thumbnail

Guide to Mathematical Optimization & Modeling

For decades, operations research professionals have been applying mathematical optimization to address challenges in the field of supply chain planning, manufacturing, energy modeling, and logistics. Want to find out where optimization falls in the broader AI and business analytics spectrum.

article thumbnail

5 Powerful Prescriptive Analytics Examples in Supply Chain

Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. Supply chain, with its complex planning questions, is typically an area where optimization technology is required. Supply Chain Network Design. Read about 5 use cases.