article thumbnail

Machine Learning and the Business of Tomorrow

Enterra Insights

Louis Columbus ( @LouisColumbus ) explains, “Enterprises are striving to find greater meaning in the massive amounts of data they generate and save every day. Machine learning can prove useful all along the supply chain from procurement to production to marketing to after sales support. They are: 1. Greater efficiency.

article thumbnail

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

Our customers overcome demand volatility and supply chain complexity for outstanding service levels with reduced inventory. ToolsGroup solutions include Demand Planning & Sensing, Inventory Optimization, Allocation & Replenishment, Demand & Supply Collaboration, Promotions Planning and S&OP.

article thumbnail

Supply Chain Optimization 101: How to Best Harness the Power of Big Data

AFFLINK

In the realm of procurement and supply chain optimization, big data is already lifting the industry to new heights. In addition to improvements in supply inventory and replenishment techniques, big data gives managers a crystal ball with predictive models and data-driven demands statistics. How Can Big Data be Used?