One area of interest in today’s end-to-end supply chain is machine learning. And this is certainly a topic that we have written about quite often. Over the last few months, Steve Banker, Clint Reiser, and I have written about artificial intelligence and machine learning in a number of contexts and how it impacts the supply […]
Bonds had a yield curve inversion on August 14th. This often often signals a recession within about 14 months. Demand planning is difficult in these circumstances. This article discusses how supply chain teams can do better in these circumstances.
On Thursday, yield curves inverted and the stock market tanked. An inverted yield curve signals a recession in 14 to 20 months. Companies need to prepare by developing more agile supply chains. Integrated business planning and supplier risk management are critical tools.
What is Digital Transformation? A digital transformation requires that companies transform their decision-making processes with technology to enhance customer experience and employee productivity and ultimately improve business performance. Technologies such as artificial intelligence, machine learning, Internet of Things, and virtual reality can aid in this transformation. Digital transformation implies shifting the way organizations interact with […]
Satellite imagery data represents another data set that may have the potential to improve company’s supply chains. There are potential uses surrounding procurement, sustainability, and strategic planning.
The term supply chain control tower is being used more frequently. Some think it is being overused. What is a supply chain control tower? From my perspective it must be a holistic supply chain solution. What does that mean? For me, it means the following ten things.
I talked to a large ecommerce retailer. They got great benefits from implementing a supply chain planning solution. But their plans to leverage AI are what is truly fascinating.
Artificial intelligence is a hot technology. But is is a complex subject. This article seeks to explain the concepts, and simplify them, by focusing on how these technologies are used in supply chain management.
While Machine learning is hot and customers want to know how these technologies will be used in future SCP solutions, the truth is that machine learning is just one form of intelligence that can be embedded in supply chain planning applications. SCP solutions are smart.
ARC Advisory Group 2019 supply chain trends of the year include: Global Trade and Tariffs; Logistics Labor Shortages and Automation; The “Digital Supply Chain” as the Logistics Technology Concept of the Year; expansion of Machine Learning and AI Enhancements. With taxes and duties accounting for a substantial portion of cost of goods sold, it is likely that companies will be reevaluating the impact on their global supply chains. Meanwhile, the “digital supply chain” is a conceptual umbrella term that will continue to be used to identify supply chain software, communications, and automation efforts that meet certain digital criteria.
