article thumbnail

Executives see AI, Cognitive Analytics and Cloud as the Path to Innovation and Speed to Market

JDA software

According to research, executives are investing in new cloud-based AI and cognitive analytics capabilities that will provide them with end-to-end visibility and traceability across their extended supply networks, starting them on the road to autonomous supply chains. On-premise legacy systems were not designed to do that.

article thumbnail

Executives see AI, Cognitive Analytics and Cloud as the Path to Innovation and Speed to Market

BlueYonder

According to research, executives are investing in new cloud-based AI and cognitive analytics capabilities that will provide them with end-to-end visibility and traceability across their extended supply networks, starting them on the road to autonomous supply chains. On-premise legacy systems were not designed to do that.

Insiders

Sign Up for our Newsletter

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

article thumbnail

o9 Solutions and Supply Chain Insights With LKQ Europe Reveal Significant Supply Chain Planning Improvements Following the First-Ever Pilot to Test Outside-In Planning

o9 Solutions

The study also tested how bi-directional orchestration versus the more traditional approach of multi-tier inventory optimization could improve LKQ Europe’s inventory buy plan. . Using o9’s predictive analytics and external market signals, LKQ Europe reduced the bullwhip effect on its business from 48% to 37%.

article thumbnail

Industry 4.0 was Delayed, not Cancelled, by the Pandemic

Enterra Insights

How do you make decisions using analytics? How can you continuously predict failures or ways to take advantage of opportunities, and then actually optimize? Without the advanced analytics embedded in cognitive computing systems, those questions cannot be answered satisfactorily. .”[3]

article thumbnail

Accelerate Digitisation in the Supply Chain – Leveraging a Data-driven Approach to Optimisation – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Tracking the inventory and reorder point gives organizations complete control over their stocking policies is one of the many functions that it deploys. From gathering specifications, to scoping and customer discovery workshops, each client’s business needs are understood and translated into the developed product.

article thumbnail

No Easter Bunny?

Supply Chain Shaman

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Or to move from predictive analytics to prescriptive/cognitive capabilities to sense/learn and act?

article thumbnail

Off to another exciting year of student-industry engagement at NC State on cutting-edge supply chain projects

NC State SCRC

In a prior post on 2018 supply chain predictions, I shared how NC State’s Poole College of Management engages directly with industry through student-led projects. Lenovo Excess and Obsolete Inventory. This project is the e xtension of an executive workshop we ran last fall. Yum Brands Beef Analytics.