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The Promise and Peril of Generative AI for Supply Chains

Logistics Viewpoints

The keys to succeeding in AI As a trio of economists argue in a pair of books, most recently Power and Prediction: The Disruptive Economics of Artificial Intelligence , we seek predictions where there is uncertainty. As the economist trio of Agrawal, Gans, and Goldfarb explain , AI makes predictions, which are inputs into decisions.

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Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I also worked with a team of leading thinkers in developing the Future of Procurement Report (published by KPMG) , as well as publish the BVL International Global Logistics Trends and Strategies report with a team of leading academics and executives in Europe, China, North and South America, Russia, and India.

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Who is the Supply Chain Planner in the Age of AI?

Logistics Viewpoints

The most recent McKinsey Global Survey on AI shows a 25% increase in use by companies over the prior year, a trend that shows no signs of slowing. The need to meet ever-higher customer expectations at ever-lower costs has lengthened our global supply chains, from multiplying far-flung suppliers to directly into consumers’ homes.

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Supply Chain Matters This Week in Supply Chain Tech- October 10 2023

Supply Chain Matters

Chicago based Loop was founded in 2021 when many businesses struggled with added logistics disruption brought about be the Covid-19 global pandemic. Among the listing of lighthouse customers for Loop are global shippers including Great Dane, GILLIG , and JPMorgan Chase and logistics service providers including Convoy and Loadsmart.

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Post-pandemic, life sciences supply chains are prioritizing resilience

Resilinc

“Those with limited legacy ways of working, are coming out of the pandemic adopting a digital-first model and challenging norms across their enterprise,” wrote Deloitte in its Global 2022 Life Sciences Outlook. Amgen, which broke ground on a new manufacturing facility in North Carolina in March, describes its advanced technology as FleXBatch.

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Getting Started with AI in Supply Chain

Logistics Viewpoints

Global Network. What AI has been able to do for years is find patterns and make predictions at a scale far beyond our human cognitive capacity, such as forecasting for a retailer with billions of sales records and millions of items. AI can accomplish tasks humans couldn’t do before, and do them better and faster, saving time and money.

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SCRC Meeting April 27-28 on Supply Chain Risk: Building a Risk Management Capability

Supply Chain View from the Field

We are in the last stages of planning for our upcoming 31st Semi-Annual Supply Chain Resource Cooperative (SCRC) Meeting on Monday and Tuesday, April 27-28, 2015 at North Carolina State University. New technologies that create material and supply network visibility, through GPS, alert systems, and predictive modeling technologies.