Supply chain optimization is an urgent priority for businesses worldwide. AI has emerged as an ideal solution, but there are many possibilities under this umbrella to choose from. One of the most beneficial is AI in procurement. Procurement is the side of supply chain management that deals with finding suppliers and buying materials, parts, or products from them. It is an … [Read more...] about Automate Procurement with AI for Smarter Sourcing and Supplier Management
Supply Chain Management
Handling E-Waste Needs to Become as Smart as Our Tech
One of the most significant issues facing the world, though rarely discussed, is the problem of electronic waste. All types of e-waste from consumers and businesses, including laptops, computers, smartphones and TVs, end up in landfills. Even though technology is advanced, the methods used to recycle electronics at the end of their life cycles are not nearly as effective as … [Read more...] about Handling E-Waste Needs to Become as Smart as Our Tech
How to Unlock the Business Benefits Hidden in your Data
Digital transformation accelerated during the pandemic, as companies of all sizes and in a range of industries invested in advanced, collaborative technologies in a bid to adapt to the new normal. As a result, many more organizations have now established a solid foundation on which to build a digital future. At the heart of this digital transformation is data - every digital … [Read more...] about How to Unlock the Business Benefits Hidden in your Data
Why IoT is not the solution to supply chain issues
The Internet of Things (IoT) was widely expected to herald a revolution in supply chain logistics and management. But the reality is not living up to the hype. More than 10 billion IoT devices around the world are constantly adding data to already overflowing data stores. Yet global supply chain disruption persists because it is not caused by a lack of data - which is why more … [Read more...] about Why IoT is not the solution to supply chain issues
How AI Will Help Navigate Overstock Issues of Tomorrow
The global supply chain is no easy thing to manage. Complex lines link manufactured parts and pieces from nearly every corner of the globe to create a final product. Then the product is shipped to its final destination country where it travels domestically to a store near you. Needless to say, when one little thing goes wrong, there can be major implications that create ripple … [Read more...] about How AI Will Help Navigate Overstock Issues of Tomorrow
