article thumbnail

Winning strategies for distributors and manufacturers during an economic downturn

EazyStock

What the last recession taught us An article from McKinsey & Company (2022) analyzed the performance of about 40 publicly traded distribution companies during the 2007-2009 recession. Many business systems also include functionality to support certain inventory management and purchasing processes.

article thumbnail

The Digital Supply Chain: Making The Leap With A Ball and Chain

Supply Chain Shaman

Master Data is No Longer a Barrier. Cognitive learning and rules-based ontologies will redefine master data management technologies making them obsolete. Lora wrote the books Supply Chain Metrics That Matter and Bricks Matter , and is working on her third book, Leadership Matters. Redefinition of Talent.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Synthetic Data and Natural Results

Enterra Insights

As Lucini and Shaked note, one of the primary drivers behind the use of synthetic data is privacy. Science writer Anjana Ahuja ( @anjahuja ) reports, “In an algorithm-driven world where data is king, one misstep can lead to a royal mess. The task requires people with specialized skills and truly advanced knowledge of AI.

Data 130
article thumbnail

Why Logistics and Transportation Should Digitize

3rdwave

However, digitization really became mainstream around 2009 when there were officially more “things” than people connected to the internet. The tools supporting digitization enables the presentation of information in ways not conceived of pre-2009. Because digitization enables: Centralized data control.

article thumbnail

Why Logistics and Transportation Should Digitize

3rdwave

However, digitization really became mainstream around 2009 when there were officially more “things” than people connected to the internet. The tools supporting digitization enables the presentation of information in ways not conceived of pre-2009. Because digitization enables: Centralized data control.