Remove the-supply-chain-planning-system-crystal-ball
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The Power of Predictive Analytics in the Supply Chain

Enterra Insights

One of the early tools used by soothsayers was the crystal ball. According to Wikipedia, “In the 1st century CE, Pliny the Elder describes use of crystal balls by soothsayers (‘crystallum orbis’, later written in Medieval Latin by scribes as orbuculum).”[1] Business leaders are no exception.

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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. In this blog, we explore the models used in Resilinc’s predictive AI and explain how they help streamline supply chain risk management.

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Predictive Analytics: Supply Chain’s Cloudy Crystal Ball

Enterra Insights

How often have you wished you could glance into a crystal ball and see the future? Leveraging predictive analytics is as close as business leaders will come to having a crystal ball. ”[2] Lorrie Griffith ( @theshelbyreport ), editor of The Shelby Report , explains the crystal ball analogy can be taken too far.

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Getting value from the general ledger within your ERP system

SYSPRO Smarter ERP

The general ledger (GL) is the recordkeeping system used to sort, store, and summarize a company’s financial transactions over time. It forms the backbone of any accounting system. It forms the backbone of any accounting system. The elements of an accounting system. This journal updates the general ledger.

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Reshaping Product Lifecycle Innovation: An Inside Look at PTC LiveWorx 2023

Arena Solutions

Since 2015, PTC has hosted LiveWorx , a global forum that brings together manufacturing executives, engineers, product designers, quality leaders, supply chain partners, and other like-minded individuals who are focused on harnessing disruptive technologies to manage uncertainty and transform their business.

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How Automotive Companies Are Transforming Their Supply Chains, Part 2

BlueYonder

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supply chain initiatives and their innovative solutions.

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Predicting the Future is Neither Easy nor Certain

Enterra Insights

The late philosopher Eric Hoffer and the late business guru Peter Drucker shared a common belief about the difficulty of predicting the future. Hoffer wrote, “The only way to predict the future is to have power to shape the future.” Drucker wrote, “The best way to predict the future is to create it.” Sounds pretty darn impressive.