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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

The output was just not helpful. With fixed models and hard-wired data feeds, teams could not adjust the planning systems to use consumption data or market indicators. Next Steps: Start to model demand based on market data to align the organization on baseline demand. Instead, rethink the model and the approach.

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AI in the Retail Industry: Benefits, Case Studies & Examples

ThroughPut

The Evolution of Retail Supply Chain & Logistics: A Pre-AI Overview In the pre-AI era, the retail sector was markedly different, especially since the traditional supply chain and logistics models were largely driven by manual labor. Every decision was based on data generated and analyzed by humans. This has made deliveries faster.

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AI in the Food Industry: Case Studies, Challenges & Future Trends

ThroughPut

As per a recent study, AI can help reduce production costs by almost 20% in the agriculture sector! Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions. billion in 2024. It is growing at 38.30% CAGR and is expected to touch USD 48.99

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. It also requires a focus on procurement-supplier relationships, and striving to be the customer of choice for your suppliers. Balancing New Priorities Makes Procurement More Valuable.

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Establishing Procurement as a Competitive Advantage

ivalua

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage.

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Eliminate the Bullwhip Effect – Communicate with Your Suppliers

QAD

Common results of the bullwhip effect are excess inventory and associated cost increases, lost revenue, unnecessary capacity and a less-than-optimal customer experience. Price fluctuations and discounts resulting in increased purchases. What is the Bullwhip Effect? Causes of the Bullwhip Effect. Integrated Supplier Management.

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Why is o9 Solutions Growing So Fast?

Logistics Viewpoints

This January the company reported that its annual recurring revenue grew at over 84% year-over-year. o9 Solutions has grown from a small company to a significant player in the supply chain planning (SCP) market in a short period of time. Based on ARC Advisory Group’s recently released study of the market, this puts them in the top 5.