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How Manufacturers Can Leverage AI & Analytics For Strategic Decision-Making

Silvon Software

Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication. Critical to guiding them through today’s fluctuating markets is the accuracy and actionable intelligence derived from data. DOB” and “Date of Birth”).

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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Procurement is broadening to include extensive work with spend data. While strategizing , keeping feet on the ground is important, and that's when data comes in especially handy.

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What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. He provides services to companies on master data management and is more familiar with transactional processing than decision support. For context, let’s call him Dave.

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L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

Based in Paris, L’Oréal is a global personal care manufacturing company. For reference, compare the performance of L’Oreal to its largest competitor, Estee Lauder. The Company;s senses consumer preferences to change and align their portfolio to deliver personalized products for purchase anytime and anywhere.

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Courage to Paint Outside the Lines

Supply Chain Shaman

Before the session, I sat by a young data scientist. As a recent college graduate, he was chartered with running manufacturing discrete event simulation for an automotive company. He worked for the North American manufacturing team and struggled with the imposed standards by the centralized center of excellence.

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Shouldn’t GenAI Mean New Gen?

Supply Chain Shaman

The market is flooded with references to AI, but few stop to give a definition. Graph technology leverages graph structures to represent and store data. Let’s start here: Data Analysis. We are not listening to what data has to tell us. The supply chain benefits through the use of market data at the speed of markets.

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Do Digital Your Way. Sidestep the Supply Chain Conquistadors

Supply Chain Shaman

In the process, there is a fine line between marketing hype and overpromising, making buying difficult. Dramatic improvement only happens when planning models use market data and the focus changes to evaluate an outside-in model to reduce latency. For many tech providers, the message often becomes a religious argument. Digitalization.