COVID-19 has placed a tremendous strain on the world’s supply chains. The challenges meant many health care organizations had difficulties getting the goods required to treat patients and keep employees…
artificial intelligence
The better you manage your supply chain, the higher the revenue for your business. With a clear understanding of this fact, business owners and executives globally search for advanced ways…
- GeneralWeekly wrap-up
Supply Chain Weekly Wrap-Up 06/11/2021 – 06/17/2021
by Alice Scottby Alice ScottRobotics efforts from Amazon and Alibaba highlight e-commerce’s automated future Amazon and Alibaba have unveiled robots they have been developing at research facilities, and their plans to test or deploy…
- GeneralSupply Chain Management
The machine learning trap or how to tell if you’ve got the right waiter
by Kai Keppnerby Kai KeppnerAlmost every progress-oriented company wants it right now: artificial intelligence (AI). No, actually everyone wants machine learning, which is almost synonymous for many people. The feeling on the executive floor…
Living in a world of disruptions, supply chain management professionals know that many processes have become more fragile over the last few years. Now scientists from Germany are trying to…
Nobody expected that a global pandemic would arrive last year and wreak havoc for many industries and their supply chains, as well as many natural disasters across the world. Considering…
- GeneralProcurement ManagementSupply Chain Management
Artificial intelligence for sales and procurement planning: fundamental success criteria
I am often asked whether Artificial Intelligence can help to achieve better sales forecasts and procurement planning. My answer: Yes, it certainly can, and especially the improvements by using machine…
The year 2020 marked not just the start of a new year, but also a new decade. In the previous decade, the supply chain industry turned to technology for growth,…
From the implementation of Industry 4.0, the increased importance of being sustainable, the rise of supply chain technology or blockchain, the 2010’s saw some significant changes to the supply chain.…
- GeneralInventory management
Learning by Doing – What Netflix can teach us about AI-driven inventory management
Some years ago, a small company called Netflix had a very good idea. Back when they started their business in 1997, it was a DVD rental company. To become more…