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Cognitive Technologies and the Future of the Internet of Things

Enterra Insights

will be delivered via the Internet of Things (IoT) — sometime referred to as the Industrial Internet of Things (IIoT). ”[2] McDonald alludes to the fact that most people are talking about a larger ecosystem when they use the term “Internet of Things.” Not quite the analogy they meant.”

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The (Internet of Things) IOT Supply Chain Benefits Now Coming Clearer

GlobalTranz

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. The Internet radically changed how the world communicates. Automated Data Transfers.

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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

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Unlocking Efficiency with AI in Business Process Automation

Elementum

This integration allows for the automation of straightforward tasks, freeing up resources for more complex processes that require AI’s predictive capabilities and decision-making. Predictive analytics forecast potential disruptions, allowing for proactive measures to minimize delays and enhance customer satisfaction.

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The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

GlobalTranz

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

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Using data and AI to improve manufacturing

SYSPRO Smarter ERP

It is estimated by McKinsey that 40% of the potential value that could be created from analytics comes using ML techniques, However, many business leaders are unsure where to apply ML to reap the greatest rewards. This can help optimize inventory management, identify bottlenecks, and optimize logistics operations.

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Dealing With The Supply Chain Gloppy Mess

Supply Chain Shaman

Demand latency is the time from channel purchase to order receipt.) The rising cost of supply. Constrained logistics. Today, the bellies of the airplanes are full, and the cost of air freight is too high for many manufacturers. Rising Complexity. A good demand signal is essential to forge competitive buying strategies.