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How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

GlobalTranz

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. Ask Traditional Questions, and Let Big Data Provide Answers. Ask Traditional Questions, and Let Big Data Provide Answers.

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Supply Chain Big Data: Why Supply Chain Leaders Are Using Big Data Analytics

GlobalTranz

Supply chain industry leaders have access to more information today than ever before in history. Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency.

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Big Data Analytics: A Key to a Successful Supply Chain in the Next 5 Years?

GlobalTranz

Big data utilization is the wave of the future for all aspects of business including supply chain management. The problem is that not every company has the resources to begin the process of big data management and have yet to see the extent of benefits it can provide to analyze and use such data management.

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[INFOGRAPHIC] Procurement Trends: Carving a Bigger Role in Supply Chain & Manufacturing

GlobalTranz

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

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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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Raise a Toast to Digital Business!

Supply Chain Shaman

Today, 270 posts and five years later, I am thankful for the opportunity to sit at my kitchen table and communicate to almost 20,000 supply chain professionals globally (directly through this blog and through connections on Linkedin). However, this is not the case in our supply chains. As I read them, I laugh.

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Making Procurement Autonomous: Embracing the Future in the Present

Jaggaer

Even long-time escapes like sports have become playgrounds for IoT fitness devices and big data statistical analysis. The good and bad news is that autonomous procurement isn’t here yet. There are four main steps to autonomous procurement. There are four main steps to autonomous procurement. The Cutting Edge .