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Track the Supply Chain Metrics that Really Matter

Precoro

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” less likely to be affected by supply chain disruptions.

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Crucial MRP Metrics Every Supply Chain Pro Should Know

SCMDOJO

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

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From Predictions to Operations: Compelling Supply Chain AI Use Cases

ThroughPut

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. With rapid fluctuations and uncertainty, predicting customer demand is like shooting in the dark.

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Using Analytics To Address Supply Chain Challenges

Silvon Software

Supply chain challenges stemming from the pandemic and other global events continue to plague manufacturing and distribution companies. While beneficial, this also brings added complexity to the supply chain in a number of ways. Drive actionable insights across multiple business processes.

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13 Important Roles of Data Analytics in Supply Chain Optimization

SCMDOJO

For businesses to succeed, supply chain optimization is essential to succeed. Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. They can understand their supply chain operations with more precision.

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Supply Chain Analytics: What It Is and Why It Matters

QAD

What is Supply Chain Analytics and Why is it Important? Supply chain analytics allows businesses to examine their operations and view data in real-time. What is Supply Chain Analytics? In the early 2000s, companies began embracing ERP systems to analyze supply chain performance.

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution.