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The Promise and Peril of Generative AI for Supply Chains

Logistics Viewpoints

The first use case is MIT professor Yossi Sheffi’s idea for using generative AI to monitor all possible sources of risk for a given supplier to mitigate any disruptions. 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’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list. This complexity is occurring in many forms.

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

Logistics Viewpoints

In days gone past, supply chains were about moving “stuff,” so the employees who ran them had logistics backgrounds relevant for their highly operational roles. In a research report by DHL , they report that logistics jobs grew 26% in the last decade in the US. The Changing Supply Chain Landscape.

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

Supply Chain Matters

Logistics Start-Up Loop Announces $35 Million Series B Funding Logistics industry audit and payment services platform provider Loop has announced that the start-up has raised $35 million in a Series B investment round co-led by J.P. with more than 75 locations in Alabama, Florida, Georgia, North Carolina , and South Carolina.

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Supply Chain Disruption and Digitization

Enterra Insights

They include: Real-time Big Data and advanced analytics; mobility; the Internet of Things (IoT); social media; additive manufacturing (aka 3D printing); and drones/autonomous vehicles. Real-time Big Data and advanced analytics. Mobile devices are already frequently used in logistics, but their usage is growing day by day.

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Getting Started with AI in Supply Chain

Logistics Viewpoints

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. The post Getting Started with AI in Supply Chain appeared first on Logistics Viewpoints.

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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.