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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. As Columbus notes, machine learning is ideal for discovering patterns. ”[1] Dr. .” ” Machine learning and the supply chain. They are: 1. . ” 9.

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Predictive Analytics: Supply Chain’s Cloudy Crystal Ball

Enterra Insights

Organizations can modify how and where they use resources to better prepare for future events. Transportation management : Myers writes, “Supply chains depend on fixed lead time and uncertainty for factors such as ocean shipping, can be addressed by predicting future disruptions.” ”[6].

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Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table

GlobalTranz

This data can then be used to break down organizational silos, which 20 percent of manufacturers hope to achieve in 2016, asserts Louis Columbus of Forbes. For example, a warehouse management system that is not currently connected to the other warehouses in the network cannot accurately generate a demand forecast for a given time period.

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6 Recent Trends in Manufacturing Technology to Increase Agile Responsiveness, Continuous Improvement & Customization

GlobalTranz

As the availability of resources and raw materials has grown tighter, a circular economy is evolving. Moreover, companies will be able to manage warehouses more efficiently by eliminating overstocking or understocking issues, and new technologies, including 3D printing, will make customization of inventory needs easier.