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How are companies leveraging scenario modeling for network design and optimization ? Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. Read on for common use cases. .
We put together a survey with our partners at Districon to better understand these challenges and offer ideas for improvement. Our recent webinar offered a glimpse of our findings and shared 3 specific areas teams can work on to keep their supply chain out of firefighting mode. Namely, manufacturing, food, and healthcare.
How are companies leveraging scenario modeling for network design and optimization ? Our 2018- 2019 Network Design Survey showed that the majority of organizations are still relying on spreadsheets (nearly 60%) and gut feel (15%) to make network design decisions. Read on for common use cases. .
We recently hosted a webinar on this topic, sharing insights to help you overcome the top 5 setbacks that affect organizations. . Poor data quality: 53% of respondents in a Supply Chain Insights survey cited this as a top challenge. . Only 13% get crucial answers within hours. The following obstacles bog companies down: .
Updated quarterly, the LCI has become an important resource for shippers seeking to maximize data forecasting as part of a predictive and prescriptive analytics model. Q3 reveals a positive trend in anticipated revenue, with only a 4% decrease reported across all shippers surveyed. Inventory optimization. Order volume sentiment.
We commissioned Supply Chain Insights to conduct independent research about this topic and discussed the findings in a recent webinar. You need technology to crunch the numbers, manage data and run optimizationmodels for decision support. . What works well, and what are the challenges? ” .
We put together a survey with our partners at Districon to better understand these challenges and offer ideas for improvement. Our recent webinar offered a glimpse of our findings and shared 3 specific areas teams can work on to keep their supply chain out of firefighting mode. Namely, manufacturing, food, and healthcare.
This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. Skills Shortages. skilled production workers. researchers. machinists. scientists.
We commissioned Supply Chain Insights to conduct independent research about this topic and discussed the findings in a recent webinar. You need technology to crunch the numbers, manage data and run optimizationmodels for decision support. What works well, and what are the challenges?
When industrial manufacturing CEOs were asked to name which digital technologies were most strategically important to their business, 81 percent said they prioritized mobile technologies for customer engagement, according to PwC's 18th Annual Global CEO Survey. Responsive Technology #3: Reconfigurable Manufacturing Systems.
We recently hosted a webinar on this topic, sharing insights to help you overcome the top 5 setbacks that affect organizations. . Poor data quality: 53% of respondents in a Supply Chain Insights survey cited this as a top challenge. . Only 13% get crucial answers within hours. The following obstacles bog companies down: .
Penske Logistics senior vice president of global sales Joe Carlier will join a panel of experts in a May 21 webinar hosted by the Council of Supply Chain Management Professionals ( CSCMP ) on the 2020 Third-Party Logistics Study. Please click here to register. Electric vehicle technology is a hot topic. By "Move Ahead" Staff.
as: Connected, intelligent products that communicate with users, new digital business models that harness collected data to offer additional services and as-a-service products, products on the assembly line that tell shop floor machinery how they are to be processed. According to Accenture, they define Industry 4.0
The importance of machine learning and intelligence combined with human touch for optimized decision making. 51% of the respondents in a global Reuters survey felt that the most perplexing challenge is the unpredictable nature of consumer demand. Check out our July Webinar! Data should be collected at every point of the way.
All around us, across every industry, companies are discovering new audiences, creating new revenue streams, building new ecosystems, and inventing new business models – all online, all at an unprecedented pace. Smart industrial management systems can also be integrated with the Smart Grid, thereby enabling real-time energy optimization.
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Today, digital transformation is not just a recommended business model, it’s the lynchpin that governs the survival of a company in the highly competitive market. They are cornerstones to enable modern business models, simplifying the way to do business for customers and organizations.
To decode the nuances behind the industry, Aman Jha, VP of Operations, and Rajarshi Chattopadhyay, VP: Product, Growth, Data & Tech at RentoMojo, got in conversation with Mehul Kapadia, Chief Growth Officer at Locus, in the third episode of Locus’ In focus webinar series. The allure of convenience over ownership. said Mehul. “The
truck drivers still use paper logs to track hours of service, despite the federal mandate, says a new survey with 2,400 respondents from software-as-a-service (SaaS) company Teletrac Navman that provides GPS fleet tracking. . All it takes is a hard look at your business model. Even still, one-third of U.S.
In the supply chain articles category it is clear the top ten are all about trends, facts, technology, and of course optimization. The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI. As with the manufacturing articles, infographics tend to stand out as they are a quick way to consume a lot of information.
Sixty-five percent of surveyed 3PL Logistics Companies identify capacity as their customers' biggest concern (see Figure 1), followed by technology investment (58 percent), recruiting and retaining labor (57 percent), and regulations (47 percent). International Shipping Optimization.
In a recent survey of supply chain executives that are either using, not using, or considering using 3PL services, only 87% of survey participants currently use or engage in activities or services with 3PLs, reports 3PL Camelot Software. Integrated, Cloud-Based Platforms Will Boost Responsiveness to E-Commerce and Optimize Processes.
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