Valentine’s Day—a time for grand gestures, sweet surprises, and heartfelt moments shared with loved ones. But for supply chain professionals, it’s also one of the most intricate and fascinating logistical…
artificial intelligence
The conflict between the tried and tested and the new technology is something we encounter on a regular basis. Of course, the film industry also likes to take up this…
Effective inventory management can be an invaluable asset for any organization. With the right management system, a business can improve inventory visibility, optimize its supply chain and navigate shortages. A…
COVID-19 has placed a tremendous strain on the world’s supply chains. The challenges meant many health care organizations had difficulties getting the goods required to treat patients and keep employees…
The better you manage your supply chain, the higher the revenue for your business. With a clear understanding of this fact, business owners and executives globally search for advanced ways…
- GeneralSupply Chain Management
The machine learning trap or how to tell if you’ve got the right waiter
by Kai Keppnerby Kai KeppnerAlmost every progress-oriented company wants it right now: artificial intelligence (AI). No, actually everyone wants machine learning, which is almost synonymous for many people. The feeling on the executive floor…
Living in a world of disruptions, supply chain management professionals know that many processes have become more fragile over the last few years. Now scientists from Germany are trying to…
Nobody expected that a global pandemic would arrive last year and wreak havoc for many industries and their supply chains, as well as many natural disasters across the world. Considering…
- GeneralSupply Chain News
Report: 82% of Supply Chain managers frustrated with AI systems used during COVID-19
A new finding from Cambridge-based Artificial Intelligence Start-up and Decisions company, Secondmind, has found that 82% of supply chain managers (86% in the UK) have been left frustrated by the…
- GeneralProcurement ManagementSupply Chain Management
AI in Sales and Procurement: Achieving Success with Key Criteria
I am often asked whether Artificial Intelligence can help to achieve better sales forecasts and procurement planning. My answer: Yes, it certainly can, and especially the improvements by using machine…