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Supply chains and the power of artificial intelligence
Alexandra Brintrup IfM
Supply chain analytics isn’t a new concept – in fact the manufacturing sector has long been an enthusiastic adopter of data-driven techniques. So apart from a fancy new name, what’s really new?
A combination of three emerging developments is changing the game:
Computational power, enabling us to do difficult calculations in real time
Powerful new algorithms can automate analysis and decision-making
And, crucially, new and previously untapped sources of data are emerging
We should also remember that ‘supply chain analytics’ is an umbrella term, referring to a multitude of capabilities. There is no single solution that works for every organisation: it depends on the nature of the supply chain, the organisational strategy and priorities, and the information that is available.
And not every capability is appropriate for every organisation – they should not be
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JDA Survey Finds Understanding Consumer Behavior Is the Missing Link in Manufacturers' and Retailers' Path to Omni-channel Success
In today’s highly competitive, omni-channel market, companies are realizing the path to success hinges on their ability to understand consumer behavior. Retailers and manufacturers can unlock significant competitive advantage by leveraging consumer insights to make category decisions and create localized merch >>
The retail sector is always on the move. Whether this involves shopping centres, shops in inner city locations or at airports – trends change very quickly and the goods change just as rapidly too. To keep up with these developments, highly complex and process driven supply chains are needed. With our...
Imagine that you’re tasked with designing a factory, but you don’t know what product or products the factory is going to be tasked with producing. What challenges might you encounter? Well, you might be ab...
Erema, an Austrian manufacturer of recycling systems, uses AEB software to accelerate the proper classification of its components, manage supplier’s declarations, and ensure compliance in its exports. Erema ship...
Global pressures on the food and beverage industry will only increase in coming years. More strategic supplier relationships will ensure you are ready for the changes.Amid rapidly transforming supply-and-demand pressures...
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