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

The Logistics & Supply Chain Management Society

Generative AI can use models with billions or even trillions of parameters trained on massive datasets (think the size of the internet), enabling it to produce increasingly complex outputs such as speech, text, and videos. It can then generate new content using prompts that resemble the original training data.

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Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. Customer-Centric Supply Chain.

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Transportation Sourcing in an Omni-channel World

Talking Logistics

Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing?

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What Can You Do to Ensure Your Supply Chain Stays Compliant?

Logility

Vendor scorecards based on performance metrics help ensure better sourcing decisions when used to assess and compare vendors and assist with onboarding. Accurate and up-to-date supplier data is required to verify all sources supplying raw materials, components or finished goods throughout all supply chain tiers.

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Why is Collaboration Important in Supply Chain Management?

QAD

These technologies can help organizations aggregate and analyze data from various sources, identify trends and patterns and generate accurate forecasts. Click below for a video demonstration with QAD’s Senior Digital Consultant Charlie Marge.   The post Why is Collaboration Important in Supply Chain Management?

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Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand.

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What is SKU Rationalisation? Process, Benefits, Best Practices

Unleashed

Using metrics such as inventory turnover rate , sell-through rate, and gross margin return on investment allows you to monitor your inventory performance more effectively. Procurement fees : This covers the total cost to you of sourcing and purchasing your products from suppliers or manufacturers. Improved inventory accuracy.