The distributors who navigate the next five years will be the ones whose teams trust what the numbers are telling them, then quickly act on that information.
Good data and AI go hand-in-hand, says Dan Keto, president and chief technology officer with Easy Metrics, Inc., but companies must ensure that data isn't trapped in functional silos.
With active caching, inventory updates complete more quickly and efficiently, so that they can accurately reflect availability across locations in real time.
Most warehouses today are operating systems provided by multiple vendors. Akash Gupta, CEO of GreyOrange, talks about the need for orchestration of all those applications.
Today, dashboards flag costly return rates, suspicious refund activity, or locations with abnormal behaviors. The insights are helpful, but typically arrive after the fact.
The latest news, analysis, trends and solutions for big data, blockchain and the internet of things (IoT) and their impact on supply chain management. Big data describes the large volume of data that inundates a business on a day-to-day basis and can be analyzed for strategic business insights. IoT is the means that collects and sends data from a range of “things” — anything from watches to fridges to cars — that are connected to the internet with sensors or computer chips. Learn how companies around the world are using big data, blockchain and IoT for supply chain optimization and competitive advantage.
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