Kenn Cottrill from MIT says that artificial intelligence (AI) along with machine learning have captured the imaginations of supply chain professionals. However, he adds, “… practitioners should not underestimate the amount of preparatory work that needs to be done to provide a strong foundation for AI applications that can yield real value.” READ MORE at Supply Chain Management [...]
Faced with external pressures, U.S. companies often cut costs to remain competitive and many have focused their Internet of Things (IoT) strategies on how the technology can cut costs and improve efficiency, explains authors Mariani, Quasney, and Raynor. “But the IoT can also serve as a foundation for greater differentiation and innovation.” READ MORE at Deloitte Review
A.T. Kearney’s authors explain that as digital trends disrupt the supply chain, business leaders are forced to rethink their traditional operating models. “With the advent of the digital age, expectations for procurement are no longer confined to the contribution to the bottom line.” READ MORE at A.T. Kearney Ideas and Insights
“The Future of Digital Procurement,” a new report released by Accenture, maintains that many supply chain managers are seeking to modernize this function, but may not have the tools to get started. “But it’s time to move beyond simply replicating the same tedious procurement processes with new software,” says Managing Director Kristin Ruehle. READ MORE at Supply [...]
Research shows that companies should use three distinct supply chain planning horizons. Henry Canitz explains the importance of each one: Strategic/Annual Planning, Sales & Operations Planning and Sales & Operations Execution. READ MORE at Supply Chain Digest
