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.…
Tag:
artificial intelligence
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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…
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Supply Chain Management
Artificial Intelligence in Supply Chain Planning – Why a Hybrid AI Concept is the Better Choice
by Kai Keppnerby Kai Keppner“A good decision is based on knowledge, not on numbers” is a quote by the famous Greek philosopher Plato. When the Google project AlphaGo beat the South Korean Go champion…
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“Artificial intelligence has the potential to reinvent the world, from how businesses operate to the types of jobs people hold to the way wars are fought. In health care, AI promises to help doctors diagnose…
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Two weeks ago, the e-commerce retailer Amazon opened its first offline convenience store, Amazon Go – without a cashier. On January 22, the first visitors of the Seattle store were…
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Procurement Management
What Will Artificial Intelligence for Sales Mean for Procurement?
by Kelly Barnerby Kelly BarnerOn March 6, the world was presented with an interesting new alliance to consider between Salesforce’s Einstein and IBM’s Watson. The ‘global strategic partnership’ will bring together Salesforce’s customer relationship data…
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Procurement ManagementSupply Chain Management
Putting Artificial Intelligence in its Proper Place
by Kelly Barnerby Kelly BarnerIf ‘big data’ was the phrase du-jour in 2015, I propose that in 2016 it will be ‘artificial intelligence’ – or ‘AI’ if you’re really cool. AI combines all the…