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5 Models of AI for Supply Chain Risk Management—And Why They Matter

Resilinc

Welcome to part three of our AI in Supply Chain blog series. In this blog, we explore the different types of predictive AI models for supply chain risk management. Regression Models: Predict Purchase Order Delays What are regression models? How does Resilinc use regression models?

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What Are the Differences Between Procurement and Purchasing in Manufacturing?

OptiProERP

Acquiring goods from vendors and suppliers is one of the critical and routine tasks for manufacturers. Managing, planning, and tracking finance is very important when it comes to the outflow of cash. Procurement and purchasing are terms interchangeably used in manufacturing but are distinct activities.

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10 Ins and Outs for Supply Chain Risk Management in 2024

Resilinc

Learn the best practices for supply chain risk management in 2024 from Resilinc, the gold standard for supply chain resiliency. As risk managers audit their vendors and programs at the start of the year, it’s also time to clean up old strategies and supply chain practices.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Why is visibility so important?

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What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

Supply management. Supply chain management. Supply chain planning. Increasing Maturity of the Role of the Forecast for the Supply Chain Leader This gets me back to why technologies are not improving enterprise leadership’s ability to forecast and manage revenue.

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The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. The purchasing of products at companies can be looked at in terms of two major dimensions: supply risk and impact on production (Figure 1).

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How is AI Revolutionizing Supply Chain Risk Management? 

Resilinc

Shahzaib Khan discusses Resilinc’s journey toward AI-driven supply chain excellence From its early inception in the 60s’ to its increasingly available public access, artificial intelligence (AI) has come a long way. Yet, numerous global supply chains today still struggle with mapping their global suppliers.