
Predictive Analytics: Supply Chain’s Cloudy Crystal Ball
How often have you wished you could glance into a crystal ball and see the future? If we could know the outcomes of today’s decisions, we would be better equipped to make
Bradd C. Hayes is the active editor of this blog.
How often have you wished you could glance into a crystal ball and see the future? If we could know the outcomes of today’s decisions, we would be better equipped to make
According to The Economist, “The world’s most valuable resource is no longer oil, but data. … Smartphones and the internet have made data abundant, ubiquitous and far more valuable. Whether you are
Most people are familiar with term “Luddite.” According to Wikipedia, “The Luddites were a secret oath-based organization of English textile workers in the 19th century, a radical faction which destroyed textile machinery
Artificial Intelligence (AI) has become a science fiction bogeyman and, for some people, it generates a sense of unease about the future. Most of that unease is about artificial general intelligence platforms
VUCA is a term first used in the military that started creeping into supply chain discussions several years ago. The acronym stands for Volatility, Uncertainty, Complexity, and Ambiguity and it certainly describes
In 2017, Gartner introduced a Supply Chain Planning Maturity Model with five planning stages. In the lowest stage (Stage 1), supply chain planning is inside-out, fragmented, local, unconstrained, and focused on revenue.
Some people view sustainability efforts as tree hugging idealism and some business executives perceive sustainability efforts as wastes of money. Both views are short-sighted. Bloomberg reports a new analysis by University College
Traffic congestion in cities can be a nightmare. It’s an age-old problem made worse by modern modes of transportation. Over a decade ago, Anthony Downs, a real estate finance expert, wrote, “Rising
In a recent article, Jason Rosing (@JasonRosing), a founding partner of Veridian, asked a surprising question, “Is omnichannel dead, dying, or thriving?”[1] Rosing knows his question might surprise some readers. After all,
Humans are prone to exaggerate, use hyperbole, and/or sensationalize to gain attention. The term “revolutionize” is often used in such a way. According to the Cambridge Dictionary, to revolutionize something is “to
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