As part of ARC Advisory Group’s Supply Chain Forum last month, I had the opportunity to speak with Kathleen Geraghty, Vice President of North American Sales at ToolsGroup. During our conversation, we touched on a number of topics around the supply chain planning market. You can watch also the full interview below. Specifically, I asked […]
Machine learning has been successfully applied to demand planning, but leading suppliers of supply chain planning are beginning to work on using machine learning to improve supply planning. But architecturally and culturally, this is a much tougher problem than machine learning applied to demand planning.
Artificial intelligence (AI) is hot. Over $4 billion in venture capital has been invested in AI firms just in the US. But supply chain planning software companies, with their cadre of operations research Ph.Ds who have been modeling complex problems for decades, may be better poised to solve many complex business problems than the hot new Silicon Valley firms.
Recent supply chain disruptions are forcing organizations to challenge the prevailing wisdom and look for newer approaches to decision making. The simultaneous shocks to demand and supply, and the magnitude of these shocks are not something the world ever experienced. The demand patterns significantly shifted in terms of the product and channel mix. On the […]
To say that the pandemic made 2020 a very challenging year would be a gross understatement. Because of service disruptions – not being able to buy toilet paper, for example – the supply chain has been more discussed than ever before. It was also a very, very tough year for supply chain professionals working in […]
The steel industry is not easy. A ton of steel can cost as little as $700. A pound of apples costs about the same as a pound of steel, yet steel is a complex product produced using high-tech metallurgical and manufacturing processes. Even before the pandemic the global steel industry was navigating significant disruptions that […]
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article is from Lucas Systems and highlights the benefits of machine learning in the warehouse. Real-world uses of AI in business have exploded in the past decade, but […]
Last year, I wanted to be a grateful child and buy a sweater for my father. It was father’s day, so I logged on to one of the prevalent e-commerce sites. I browsed and eventually found quite a few sweaters in green, my father’s favorite color. To my delight, I found one that was on […]
The global pandemic has created a watershed moment for global supply chains. As we adjust and respond to this “new normal”, one important area is the effect of these shifts on the environment. From that perspective some changes have been clearly positive (e.g. fewer commuting miles driven), some largely neutral (e.g. alternate sourcing strategies), while […]
There’s always been tension with the optimization technologies used for fleets or common carrier transportation. The solutions that solve the toughest and most unique problems and deliver differentiating results are also the most complex and require significant domain expertise to implement and maintain. Those companies that make the skills investment reap the largest rewards in […]
