Remove Data Remove Inventory Remove Presentation
article thumbnail

Context. The Key to Unlocking the Power of Your Supply Chain Data Strategy

Logistics Viewpoints

Our daily lives are inundated with data. Supply chain teams face a similar dilemma – companies are overloaded with vast amounts of data, and the ability to sift through the noise and focus on relevant insights has become a critical capability. Why Context Matters Context transforms data into actionable insights.

article thumbnail

Autonomous Business Planning Is Not Only Possible, It Has Already Been Achieved

Logistics Viewpoints

This metric measures the percentage of time the planners accept replenishment, transportation, or inventory plans as they are without any change in the timing of the delivery or the quantity to be delivered. But when he presents this to many companies, they don’t believe it. “I If a user makes changes to the plan, they log that data.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Protect your Customers and Orders with Data

Stord

Analytics for Risk Management This isn't your grandmother's data analysis; we're talking about sophisticated pattern recognition that makes your shipping operation smoother than a freshly waxed surfboard. And how do you pick the right carrier if you are now receiving new data of damaged packages?

Data 78
article thumbnail

Edge Computing in Logistics: Enabling Real-Time Data Processing Closer to Operations

Logistics Viewpoints

As logistics networks become increasingly complex, the volume of real-time data generated by devices, equipment, vehicles, and facilities is growing rapidly. Edge computing processing data locally, near the source has emerged as a method to address these challenges by reducing latency and improving resiliency.

article thumbnail

ERP for Automotive Distributors

SYSPRO Smarter ERP

An ERP system is a valuable asset for automotive distributors looking to leverage the data they create and use. An ERP provides a central repository for all a distributor’s data. The data can be used to identify inefficiencies in the supply chain, improve inventory management, and streamline operations.

ERP 98
article thumbnail

The role of inventory management and inventory optimization in ERP

SYSPRO Smarter ERP

Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.

article thumbnail

Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

Traditional supply chain planning, which relies on historical data and reactive adjustments, is no longer adequate for managing these challenges. They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks.