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Supply chain management is a field where Big Data and analytics have obvious applications. Until recently, however, businesses have been less quick to implement big data analytics in supply chain management than in other areas of operation such as marketing or manufacturing.
The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.
A reverse logistics strategy provides a path for removing the existing equipment to make way for the next era of equipment in the case of end of life products or new upgrdes. In a sense, reverse logistics could be considered the “greenest” part of any businesslogistics strategy.
Editor's Note: Today's blog is from our friend Robert Everett who gives us some fantastic tips for managing logistics effectiveness. The latest news from the world of high technologies: Microsoft is going to store data as DNA. The time of a logistics cycle can always be shortened. Process improvement.
The curriculum now covers various dimensions of logistics, including procurement, production, transportation, and distribution, with increased emphasis on technology and data analytics (Fawcett & Waller, 2014). Journal of BusinessLogistics, 35(3), 157-164. Logistics education matters. building a winning team).
Nailing down exact numbers on return rates is notoriously difficult, but compiled data from separate sources paints a bleak portrait, especially for online retailers. The holiday season, of course, is the one to dread in the returns departments. In the U.S. alone, Statista estimates return deliveries will cost $550 billion by 2020, 75.2%
Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. 5 Areas of Technology Application to Aid in Logistics Visibility and Communication for en Route Disruptions. 6 Benefits of Applying Useable Data in Logistics For Continuous Improvement.
Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. All of our logistics and supply chain management programs incorporate online education to some extent. They must know which data deserves priority for a given problem.
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