- 1. How to Build Trust in Supply Chains and Improve Performance
- (News)
- Deloitte recently conducted research to determine the correlation between trust and performance in supply chains. The research revealed that best-in-class supply chain organizations are, on average, six ...
- 2. Apply Data Science to Enhance Your Supplier Relations
- (Retail)
- ... due to rising demands by the customer, procurement firms are required to understand their competitors and their promotional approaches. At the same time, accuracy in forecasting demand has a direct correlation ...
- 3. New GS1 US Research Reveals 59% of High-Growth Small Businesses See Direct Correlation Between Sales Growth and Complete Product Information
- (News)
- ... business owners see a direct correlation between providing complete product information (such as images, product origins, and more) in their online listings with the number of products sold. These growth ...
- 4. Supply Chain Drives Real Estate Choices
- (News)
- Prologis, a logistics real estate company based in San Francisco, has determined a correlation between the evolving supply chain and company’s real estate needs. Read the articleon Supply Chain ...
- 5. Toyota's Supply Chain Risk Approac
- (News)
- Company size has a strong correlation with the potential costs of supply chain disruptions. A recent issue at Toyota illustrates the challenges that large companies have in managing and mitigating risks.Pierre ...
- 6. Get Rid of Vanity Metrics
- (News)
- I think we can all agree that metrics are a good thing. What if you have metrics that look good, but don't tell you what you need to know? 'Vanity metrics' are discussed by Kate Lee in an article on the ...
- 7. Supply Chain Planning Benchmarking
- (News)
- Benchmarking is old hat in many areas of the supply chain. But planning is a different animal, since the self-reporting that typically drives benchmarks isn't usually available.The Supply Chain Shaman, ...
- 8. Justifying a Supply Chain Project
- (News)
- Justifying a new supply chain project can be rough. The more data the better, as they say, but you really need to make sure it's meaningful.Pierre Mitchell, on the Spend Matters site, looks at how numbers ...
- 9. Sustainability and Lean
- (News)
- Ariella Brown, on the EBN site, summarizes a recent interview with a Lean specialist on the topic of sustainability. Although you may not connect sustainability and quality efforts in your mind initially, ...
- 10. Big Data Concerns
- (News)
- John Horgan, in a blog on the Scientific American site, warns us against getting too far ahead of ourselves on the Big Data hype. Although he agrees that correlation can sometimes yield usable results, ...
- 11. Big Questions About Big Data
- (News)
- On the FT.com site, Tim Hartford asks some interesting questions about Big Data. Is the hype justified, or are we making rookie mistakes that will come back to haunt us?He looks at one of the early success ...
- 12. Combined Data and Visibility
- (Technology)
- ... correlation of the data. Typically the data travels sequentially through the various systems but is not parallel meaning that many of the connections that could be possible by linking data are not possible. ...
- 13. Big Data Explained
- (News)
- On the PCMag.com site, Damon Poeter writes about Intel's efforts to explain the concept of Big Data. It's a worthwhile endeavor, that's for sure.Read their explanation, as well as their identification ...
- 14. Get Started with Big Data
- (News)
- Dr. Michael Watson has a good point: you don't have to make a huge investment to get into the 'big data' game. There are quick and easy analyses that can get you started.He provides 3 of them in his Supply ...
- 15. Big Data Predictions
- (News)
- With Big Data and advanced analytics, relationships that would be hidden in the past can often be revealed. That means better predictions, right?The well-known statistical guru Nate Silver doesn't think ...
- 16. Invoice Troubles – Where’s the Error?
- (EDI)
- Did you know that about one third of the invoices retailers receive from their vendors have some type of discrepancy with the actual order received. If that is surprising, what's even more alarming is ...
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