Latest posts about Big Data
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The 3Ps to Eliminating Out-of-Stocks: A New Paradigm for Inventory Management
February 23, 2015
A new paradigm is needed – one which brings all factors into play, and which enables a proactive approach to solving inventory problems before they occur.
The Problem with Traditional Inventory Management
February 23, 2015
Traditional inventory systems have always focused on improving forecasting, while the forecast is only a small part of the overall inventory management problem, most of the issues occur at the retail store shelf, which aren’t included in forecasts.
A Method of Automated Nonparametric Content Analysis for Social Science
February 15, 2015
By developing methods for analyzing textual data that optimize social science goals directly, we are able to considerably outperform standard computer science methods developed for a different purpose.
Why (Supply Chain) Data Scientists Get Paid So Much
February 10, 2015
Turns out, what Data Scientists do is really hard - so if you're looking for one of the highest paid professions, data science is hard to beat.
Transforming Your Company into a Data Science-Driven Enterprise
February 9, 2015
Considering the growing number of use cases relevant to your enterprise, what has changed is that these are no longer confined to legacy data-driven functions such as marketing or finance.
The World’s Largest, Fastest, Most Agile Supply Chain
January 1, 2015
There is one shipping firm in the world, maybe the galaxy, that is counted on more than FedEx, UPS, and DHL combined. In fact, this organization has an even more complex supply chain. It takes its own orders, makes its own goods, and ships them all in one night.
How to Improve Your Receivables Position with Better Risk Analysis
December 31, 2014
If you drive a car then you know what a dashboard is. There are two main gauges that we are all very familiar with - the speedometer and the fuel gauge. The other gauges we don’t usually take much notice of.
How the Industrial Internet is Changing the Competitive Landscape of Industries
December 25, 2014
Learn why there is a new sense of urgency to implement Industrial Internet solutions fueled by Big Data analytics.
Supply Chain Visibility - Governing the Flow of Data in Manufacturing and Logistics
December 11, 2014
Manufacturing companies and third-party logistics providers are facing the most complex and volatile business environment in their history.
How to Stay Out of Cash Flow Crises Using Cash Position Analysis
December 5, 2014
For mid-size and fast growing companies, keeping track of cash position and cash flow in a meaningful way is difficult!
Supply Chain Key Performance Indicators
December 1, 2014
Go beyond canned KPI’s and pre-built analytics and understand your business the way that makes the most sense to you.
Research in Review - Insights from 2014 Studies
November 24, 2014
This report captures the highlights of quantitative research conducted by Supply Chain Insights during 2014, with the goal to distill research from 2014 into snippets and into a consolidated research summary.
How to Engage Your 3PL’s With Big Data & Analytics
November 17, 2014
Savvy, global shippers that capture and analyze transactional transportation management data in collaboration with their third-party service providers have seen hard dollar savings drop to the bottom line. Here’s how they’re getting it done.
BIG DATA IN LOGISTICS - A DHL Perspective on How to Move Beyond the Hype
November 13, 2014
The sustained success of Internet powerhouses such as Amazon, Google, Facebook, and eBay provides evidence of a fourth production factor in today’s hyper-connected world. Besides resources, labor, and capital, there’s no doubt that information has become an essential element of competitive differentiation.
How to Get Started with Value Add Forecasting
November 13, 2014
So the promise of using statistical algorithms, forecasting and predictive analytics is now added to the list of a company’s number one priorities. There is a sense of urgency surrounding this new high profile initiative. One may ask, “What’s next?” Well, here are a few steps that you will need to take to deploy your forecasts successfully.