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Think Tank
All Technology: Page 463
In Business Intelligence & Analytics, Big Data = Big Opportunity
Analyst Insight: For many supply chain executives the term analytics is synonymous with reporting and Big Data is a new buzz word. However, when leaders harness new forms of analytics coupled with an understanding of Big Data opportunities good things happen. Here we share some insights from three studies that illuminate the opportunity. - Lora Cecere, CEO and Founder, Supply Chain Insights
Supply Chain Analytics in Emerging Markets
With the advent of big data, faster computing and intuitive analysis tools, the promise of analytics has generated a renewed focus on improving operations through data-driven decisions. For supply chain organizations in particular, it is a powerful ally in driving cost reduction strategies and service level improvements. From public sector entities like Lincolnshire, which identified £24m in procurement savings, to retail giants like Tesco, which reduced £50m in excess inventory, organizations across the globe are achieving substantial impact by applying analytics to their operations. But what about emerging markets?
Amazon Plans to Handle Own Indian Logistics Network
In the next two years Amazon, the world's largest retailer, will use its own logistics network to deliver nearly every product sold on its Indian portal.
Almost 40 Percent of Businesses Still Not Selling Online, Study Finds
These days, it's widely assumed that most businesses are selling directly to customers via the internet. However, surprisingly, a Grant Thornton survey found that 39 percent of businesses are not yet selling online. Online sales might seem like a dream come true "” you reach larger markets with no middlemen, at higher margins "” but, according to the Grant Thornton survey, the dream can easily turn into a nightmare.
E2open Releases Update of Planning and Response Software
E2open has made available version 11.2 of E2 Planning and Response.
RFID Needs to Make Its Case Beyond the Retail Apparel
There is no argument today about the impact that retail/apparel and footwear have had on the passive UHF market. Estimates vary on apparel's share, but it hovers around 70 percent to 80 percent of the total UHF market. And that includes only about 2 percent of the apparel items sold. In our recent research of RFID use among retailers, the retailers indicated an interest in expanding their use of RFID in apparel. And the tag industry that supports retailers is forecasting numbers between 23 percent to 35 percent growth in apparel use, as well. More retailers will be tagging more items in the next few years.
Is Amazon Really to Blame for Carriers Hiking Their Shipping Rates?
UPS and other carriers raised their shipping rates in January, much to the chagrin of U.S. e-commerce retailers. Now, some industry observers believe Amazon may be the cause of the price hikes.
GHX Automates Management of Contract Price Negotiations
Global Healthcare Exchange, LLC (GHX) has developed the Single Channel 845 application, to automate the process of managing contract price notifications in the healthcare sector.
Paradox Enhances Its Transportation Optimization Suite
Paradox Software Consulting, a provider of logistics software and consulting services, has released version 10.0 of its transportation optimization suite.
Forwarding Group to Modify Asian Logistics Methods
Global forwarding group DB Schenker says it has taken a fresh look at the modes of transport usually chosen for moving freight around Asia and switched to a more efficient multimodal option which it has christened the "Asia Landbridge."
GE Unit Enhances Its Manufacturing Software
GE Intelligent Platforms says updates to its suite of Proficy Manufacturing software are designed specifically to meet the strategic objectives of today's manufacturers as they transform their operations to meet the new realities of business potential enabled by the so-called Industrial Internet.
Retail Imports Expected to Drop in Typically Slow February
Import volume at the nation's major retail container ports is expected to drop 8.4 percent in February from the same time last year as the shipping cycle reaches its slowest month of the year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
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