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Big data and inventory management

EazyStock

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. The key for inventory management teams is to know what to do with it!

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How AI is transforming manufacturing Part 2: Inventory management

SYSPRO Smarter ERP

Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. Inventory management in the supply chain. Effective data management. AI in inventory management. Tracking issues.

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Supply Chain Mastery: Innovative Strategies for Importers

MTS Logistics

By collaborating closely with their suppliers, importers can plan orders together, anticipate potential disruptions, and proactively manage inventory. Leveraging the power of data, importers can make informed decisions about their supply chain and achieve better results. Managing a supply chain can be a daunting task, but U.S.

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What Makes a Truly Agile and Resilient Supply Chain?

Logistics Viewpoints

It is possible, today, to find technology providers that offer true supply chain orchestration that emboldens companies instead of leaving them at the mercy of data. Real-time analysis of integrated data spanning customers, partners and suppliers will lead to outcomes that better match supply and demand while containing costs.

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How AI and Machine Learning Changed Procurement Management

CLX Logistics

From streamlining sourcing and supplier management to optimizing contract negotiations and spend analysis, AI and ML offer various capabilities that can revolutionize procurement management operations and drive sustainable value creation.

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The Critical Role of Your Supply Chain

Logistics Business Magazine

Companies must also consider cost implications, accurate demand forecasting, trend analysis, process automation, and logistics considerations. Accurate demand forecasting and trend analysis enable companies to anticipate customer needs, ensuring products are available when and where they’re wanted.

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Supplier Relationship Management: Expert Guide for Field Service

WorkWave

Organizations operating under a reactive SRM approach tend to have limited visibility into their supplier relationships and may lack a long-term strategy for supplier management. On the other hand, strategic supplier relationship management involves a proactive and long-term approach to managing supplier relationships.