Remove Inventory Remove Predictive Analytics Remove Sourcing
article thumbnail

10 Ways A Data Gateway Improves Time to Value Across Your End-to-End Supply Chain

Logistics Viewpoints

A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities. Achieving these goals requires visibility into the entire supply chain.

article thumbnail

Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

Artificial intelligence (AI) is reshaping supply chain operations by enabling predictive planning, allowing companies to anticipate disruptions before they occur and adjust operations accordingly. Excess inventory, stockouts, and increased transportation expenses are common consequences of outdated planning methods.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Ways A Data Gateway Improves Time to Value Across Your End-to-End Supply Chain

Logistics Viewpoints

A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities. Achieving these goals requires visibility into the entire supply chain.

article thumbnail

The Importance of Energy Transition and Sustainability in the Logistics and Supply Chain Industry

Logistics Viewpoints

Reducing dependency on fossil fuels can mitigate these risks and improve operational predictability. Proactively adopting cleaner energy sources ensures alignment with these evolving regulations. Proactively adopting cleaner energy sources ensures alignment with these evolving regulations.

article thumbnail

Walmart and the New Supply Chain Reality: AI, Automation, and Resilience

Logistics Viewpoints

Just-in-time (JIT) inventory models, lean supplier networks, and offshore manufacturing reduced expenses but left companies exposed to disruptions. The COVID-19 pandemic and ongoing geopolitical shifts demonstrated the risks of relying on single-source suppliers and minimal inventory buffers. Resilience is now taking precedence.

article thumbnail

The Three Pillars of Sustainability in Supply Chain and Logistics: A Strategic Guide

Logistics Viewpoints

Ethical sourcing is a fundamental aspect of social sustainability. Technologies such as artificial intelligence, IoT, and predictive analytics enable smarter inventory management, real-time tracking, and predictive maintenance, reducing waste and costs. Efficiency is a vital component of economic sustainability.

article thumbnail

Improving Demand Forecast Accuracy with Machine Learning

ToolsGroup

Businesses must analyze vast amounts of data to predict ever-changing consumer behavior accurately. Traditional demand forecasting methods often fall short, resulting in inefficiencies, excess inventory, and lost revenue. Key advantages include : 1. Unsupervised Learning Detects hidden demand patterns without predefined outcomes.