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Supply Chain Predictions 2020: Uncertainty Demands Resilience

ToolsGroup

Against this backdrop, our 2020 predictions represent insights from across the ToolsGroup community for technology and practices that support greater supply chain resilience. Deriving value from huge volumes of data depends on being able to separate signals (which have predictive value) from ‘noise’. Data analytics will get simpler.

Modeling 156
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Two-Thirds of Organizations Say Reducing Supply Chain Disruption Has Increased in Priority in Response to Recurring Black-Swan Events

ivalua

Yet despite the availability of new platforms and analytics tools, supply chain risk management strategies remain in their infancy post-pandemic. It is based on a survey of 462 procurement decision makers at companies with 1,000 or more employees in North America, Europe, and Asia Pacific. About the research.

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10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021

ivalua

What Will Impact Procurement Processes in 2021? The research encompasses organizations across industries and sectors, with focus on North America and EMEA. Supply Chain Risk and Supply Continuity: Risk moved front and center of Procurement during the pandemic, as procurement organizations grappled with constrained supply chains.

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From Real-Time Visibility to Real-Time Decisions: Data’s Value Is Propagating Across Global Supply Chains

Logistics Viewpoints

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Some examples: Procurement and Co-manufacturing : What is the impact of inbound transportation issues on materials?

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The Counter to Constant Supply Chain Volatility Is Pervasive Visibility and Industry Collaboration

Logistics Viewpoints

Using AI and predictive analytics, we make it possible to anticipate and mitigate the impact of disruptions and delays, whether from bad weather, port shutdowns or overloaded distribution centers. And for our global supply chains, that transformation cannot happen fast enough.

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Savvy Supply Chain Leaders Aren’t Letting a Good Downturn Go to Waste

Logistics Viewpoints

After months of dire predictions, many in the financial community are lowering the odds of a recession in the next year. Now, with powerful AI and ML technologies to generate predictive ETAs, we can reroute shipments in anticipation of possible disruptions, eliminating manual track-and-trace efforts. Reduced working capital.

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Real-time Capacity Matching: Making Brokers More Efficient

Talking Logistics

Visibility Enables Faster Procure-to-Pay and Order-to-Cash processes : for example, you can leverage Electronic Proof of Delivery (ePOD) and geofencing to initiate invoicing and payment process. . million in-cab devices connected to its network, and 80 of the Top 100 brokers in North America were using its solution.