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How AI in Supply Chain Brings Value to Your Business

Logility

And even ChatGPT is making it easy for anyone to create content – even complete articles and white papers – to answer virtually every question people can imagine. And once collected, the data often requires some cleansing and standardization.

Modeling 191
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Nine Key Steps to Enabling Resilient Supply Chains

Logistics Viewpoints

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. Leverage External Data – Integrate market-shifting factors into forecasting models.<br>-

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Business Competition in the Digital World

Enterra Insights

” Notice how quickly the focus of their article on competitiveness moved from competitors to customers. ” One of the ways businesses can leverage AI is using it to improve business decisions. ” Gathering and democratizing the right data : “In established companies, data is often a source of frustration. .”

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Leveraging Your Bargaining Power in Logistics Service Provider Negotiations

The Logistics & Supply Chain Management Society

Leveraging Your Bargaining Power in Logistics Service Provider Negotiations by LSCMS Shippers’ Council The logistics industry is a complex and constantly evolving ecosystem that plays a vital role in the global economy. The more detailed data and information you can provide, the more accurate a quote you can get from your LSPs.

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The Digital Enterprise and Boring AI

Enterra Insights

Most, if not all, business leaders understand that the corporate landscape changed dramatically when the world entered the Digital Age and data became the lifeblood of most enterprises. Today, it’s not people but data that tops the asset value list for companies.”[1] And leveraging boring AI is key to accomplishing this.

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Towards Successful Digital Transformation – Separating the hype from reality

The Logistics & Supply Chain Management Society

Futuristic road transportation technology with digital data transfer graphic showing concept of traffic big data analytic and internet of things. Cisco has defined digitisation as “the connection of people, process, data and things to provide intelligence and actionable insights enabling business outcomes”.

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Is Industry 4.0 a Smart Way Forward?

Enterra Insights

Some of the key technologies in the smart manufacturing movement include big data processing capabilities, industrial connectivity devices and services, and advanced robotics.” ”[4] Tech journalist Kerem Gülen insists, AI and big data are the driving forces behind Industry 4.0. . through 4.0. 1] Steven L.