Remove Big Data Remove Inventory Remove Procurement Remove Transportation
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Big data and supply chain optimization: Illusion vs. reality

DELMIA Quintiq

Suddenly, discussions seem to treat big data as a driver for incredible innovation. Assuming that big data was superior to “just any data” came from evidence in the B2C market, but this did not stop bold predictions about how it could also transform supply chain operation. Data, data (big and small) everywhere.

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The Changing Landscape of Retail Supply Chains

Enterra Insights

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. Big Data Analytics and AI are at the forefront of this technological revolution, offering unprecedented opportunities for retailer agencies and agents to optimize their operations and enhance customer experience.”[1]

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IoT Inspired Smart Warehouses Are Reinventing Inventory Management

GlobalTranz

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity.

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Please Do Not AI This

Supply Chain Shaman

In the current planning architecture, transportation and procurement operate in isolation. The second lie is that supply chain excellence is achieved by trading off cost, customer service, and inventory. When we are truthful (often behind closed doors with a beer in hand), we agree that it is not. This is an oversimplification.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. In addition, Lucas used inventory as a slush fund to make quarterly earnings.

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Cogniture Procurement Technologies will Change Your World

NC State SCRC

Artificial intelligence is growing rapidly across many organizational applications, and nowhere is this impact greater than in procurement. Given the recent rapid inflationary pressure and the challenges of significant material shortages in 2022, there is growing pressure on procurement to continue to deliver value, as never before.

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The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when a negative event has occurred or may be about to occur. Do you have a contingency plan for transportation emergencies? The pandemic changed that.