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The Internet of Things in the Supply Chain

Enterra Insights

… Traditionally, inventory counts [have been] a complex exercise done manually about once a year but RFID technology enables retailers to monitor stock monthly bringing accuracy from 60% to over 90%.” in 2019, for example. in 2014 to just 4 cents in 2019.”[6]. in 2004 to $0.38 ”[6]. ” Footnotes. [1]

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Causal Artificial Intelligence and Supply Chain Performance

Enterra Insights

For example, forecasting might estimate the total number of ice cream cones to be purchased in a certain region, while predictive analytics tells you which individual customers are likely to buy an ice cream cone.”[1] 2] Staff, “ Causal AI ,” Rapidminer, 2022. [3] 2] Staff, “ Causal AI ,” Rapidminer, 2022. [3]

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One Multinational’s Supply Chain Transformation Journey

Logistics Viewpoints

For some customers, they manage the inventory using a vendor managed inventory program. In some case they manage inventory at the customer’s site. “We Customization is provided for 5 different supply chains (for example, make-to-order, make-to-stock, etc.) across 17 different segments and customer personas.

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Crime is Adding to Supply Chain Woes

Enterra Insights

If retailers didn’t have enough to worry about with the pandemic, inventory issues, and labor shortages, a new type of organized crime has been added to their plate. … For example, Proposition 47, a California ballot initiative passed in 2014, sought to alleviate prison overcrowding by reducing the penalties for some crimes.

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The Intelligent IBP Manifesto – key principles for a new planning paradigm

Supply Chain Trend

In February 2022, I wrote the first of a five blog series using the name Intelligent IBP. The launch of a Decision Intelligence (DI) definition by Gartner later in 2022 further cemented my believe that this new discipline will become mainstream. And artificial intelligence (AI) and intelligent agents will be part of the solution.

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Global Ecommerce: Size, Growth & Where to Start [2022]

ShipBob

By 2014, projected online retail sales in the U.S trillion in 2022, with year-over-year growth of 12.2%. By leveraging these fulfillment centers, merchants can store their inventory closer to the customers, which allows them to keep the cost of global shipping low while ensuring faster deliveries even to international customers.

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Top 10 supply chain trends for 2020

Requis

Let’s zoom in on some potential examples so you can see why people are so excited about the potential of digital twins. This example could apply to any collection of physical equipment, like a drilling rig or a refinery. Imagine a production line in which every piece of equipment transmits information about its current status.