As 2023 comes to an end, it's a good time to plan your business investment strategy for 2024, and that should include supply chain planning software.
Prior to Covid-19, a lean, just-in-time global supply chain model was ideal. Fast-forward and you may be wondering - how did the JIT supply chain model fare?
Investments typically fall into the familiar categories of people, process, and technology. So, what does this prioritization mean?
The Gartner Supply Chain Symposium 2022 was filled with insights, actionable strategies, trends and more. Here we cover a few highlights.
Every business can benefit from having a proper demand plan. A pivotal part in this process is collaboration.
Successful demand planning requires a stable and sustainable planning process that is continuously reviewed and improved.
It seems we are always reinventing ourselves to meet the latest challenges. Often the solution comes down to managing people, process, and technology.
In today’s highly globalized economy, no country can remain isolated or insulated from the outside world. The world is so interconnected that one hiccup can cause a myriad of issues downstream.
These “key tools” balance a need for simple with a need to handle the complexity of SCM – following the IBM adage – complexity exists whether you ignore it or not, best not to ignore it.
Key Guiding Principles for Getting a Better Handle on Implementing Artificial Intelligence (AI) in Supply Chain Management
The role of Artificial Intelligence (AI) in business activities has again emerged as a hot topic for 2017 and 2018. In fact, Gartner predicts by 2021, 40% of new enterprise applications will include Artificial Intelligence Technologies, where AI and Machine Learning promise to solve a plethora of problems faced by enterprises today, from better decision making to increased efficiencies and cost savings.