In today’s economic landscape, uncertainty across the supply chain is inevitable, whether due to the effects of climate change, demand and supply variability, or global unrest. To keep up, supply chain leaders need to continuously make good decisions quickly that consider the ever-changing circumstances, emerging opportunities and disruptions to improve how responsive and adaptable they can be.
As manufacturers strive to maintain high standards of quality and service, the intricacies of handling repairs can become a bottleneck, leading to delays, increased costs and customer dissatisfaction.
Pushing employees to get on board with a "data-driven" approach without making sure they have the skills they need is likely to cause harm at some point.
With the rise of AI-driven approaches like decision intelligence, companies can invest in the necessary tools not only to keep up, but to thrive in an increasingly complex economy.
An accelerated and autonomous supply chain adapts and reacts by providing visibility across systems, streamlining workflows, eliminating silos, and enabling autonomous disruption management.
The progress of supply chains in adopting AI varies widely. So does the return on investment. But according to one recent study, there’s one strategy that guarantees failure: doing nothing.
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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