Management One’s Post

Few Global Supply Chain Status- A. 76% of organizations have installed planning and scheduling systems. B. 51% of companies believe AI will seriously impact supply chain management. C. 91% of manufacturers plan to combine AI technology with supply chain data analytics. So, keep in touch with upcoming Tech !!!!

In 2023, managing inventory has become increasingly complex due to tracking issues, inaccurate data, manual documentation, supply chain complexities, communication problems, and inadequate software. Efficient inventory management is crucial for businesses, and accuracy is vital as mistakes directly affect P&L.   Recognizing the significance of inventory management amidst contemporary challenges, Course5 launches its integrated and future-proof Supply Chain Analytics Solutions. It empowers inventory management by enabling dynamic optimal stocking plans with comprehensive inventory insights by product categories and locations. It stimulates proactive shelf restocking to prevent stockouts and implements an intelligent product manufacturing cycle based on demand forecasts.   For further information, watch the video, and to dive deeper, visit: https://lnkd.in/gYUWFz_y #Course5ToTransformation #Course5i #Course5AI #Course5Analytics #Course5ToGrowth #TransformativeIntelligence #ml #ai #supplychain #technology #intelligence #analytics #industry50 #industry5

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Modern Distribution Management (MDM) had a post last week talking about how Manufacturers are outpacing distributors in the rate of AI adoption. I actually blame (we) the AI and tech vendors for 2 main reasons: 1) Distributors don’t have the same free cash flow as manufacturers to be able to make speculative investments. Payback needs to be clear and and within a clear timeframe. If a solution can’t be deployed and value realized quickly it’s tough to justify. 2) not enough tech is built to solve root causes of supply chain issues. Solutions are built as a single instance with no intention of tying in manufacturers, shippers, end users ect. Well how valueable is single party data and single party insights? Payback needs to be clean and clear. Solutions need to connect supply chain.

During the past few years, technology has evolved at a very fast pace. AI, Big data, network, and hardware solutions have had a major impact on businesses' operations and made life simpler. Like other functions, supply chain management has taken tremendous benefit from evolving technology despite multiple challenges. Technology has given much-needed visibility and allowed supply chain professionals to make better decisions and monitor movements within the chain. Wondering how has technology impacted supply chain, take a look at the visual below. #supplychain #supplychainmanagement #bigdata #dataanalytics #supplychainanalytics

In the dynamic world of logistics, the journey of a parcel is a complex dance of precision and efficiency. 📦 Today's logistics are powered by data, with each stop from warehouse to doorstep providing valuable insights. The recent Unisys and FreightWaves webinar shed light on how AI and quantum computing are revolutionizing this space, particularly in last-mile delivery. Key takeaways from Unisys' industry experts Sean Tinney and Caroline Woodland emphasized the need for real-time decision-making and the pivotal role of data in overcoming supply chain challenges. 🚚 As we embrace these technological advancements, the potential for enhanced efficiency and revenue growth in logistics is immense. For those looking to stay ahead in the logistics game, tapping into these insights is not just smart—it's essential. You can read more and watch the recorded webinar with the link below. #Logistics #SupplyChain #AI #QuantumComputing #Innovation #Efficiency

We have seen remarkable advances in computer vision technology, bringing about a profound transformation in numerous industries through its extraordinary capabilities. Among the sectors that have experienced vast benefits is the supply chain and logistics industry. In this rapidly moving sector where efficiency, speed, and precision are in high demand, the integration of computer vision has become an essential driver of success. This article delves into five impactful uses of computer vision within the supply chain and logistics realm, transforming the tracking, sorting, and delivery of products. https://lnkd.in/gxkVB_Xr #TechTransformations #Innovation #FutureOfWork #SupplyChainManagement #Computervision

Retail will never be the same. 😎Technology can help to approach the experience to your customer. Virtual and hybrid worlds and experiences are closer than you think. The mix between tech and human capabilities is the perfect match. Technology is not here to remove humans, it is here to enhance human power and give us more time to do just that, being humans. Join the AI Revolution and explore solutions to boost your productivity https://lnkd.in/dr8UWtNq

This article pickes my interest because it delves into how Decision Intelligence and Causal AI are revolutionizing manufacturing after COVID-19. These technologies streamline operations, enhance decision-making, and deliver significant efficiency improvements in supply chain management and production. 🔗https://lnkd.in/dZB_gaRc