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Maximize Ecommerce Supplier Relationships

Ship Monk

Supplier Relationship Management Supplier relationship management, SRM for short, is defined by Gartner as a business initiative that many companies undertake to build mutually beneficial relationships with suppliers. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. If so, good on you!

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Supply Chain Technology 2019 – Year in Review Part 2

Morai Logistics

2019’s over, but there’s plenty of technology to look back on over the course of the year to see what affects it had on supply chains. Blockchain technologies, as an example, could be an answer to address this problem across three areas — counterfeiting, visibility/traceability and efficiency play. Digital Twin.

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6 Ways Big Data is enhancing the global supply chain

The Logistics Academy

As global supply chains become more complex and customers more demanding, the race is on to develop software applications that can effectively manage and make sense of the zettabytes of data being generated by our digital world. Of course, capturing the data and then using it to make good decisions are two entirely different things.

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AI, RPA and Analytics Named in 2019 Supply Chain Technology Trends

Logistics Business Magazine

Industry analyst Gartner has named its top 8 supply chain technology trends in 2019. These technologies are those that supply chain leaders simply cannot ignore,” said Christian Titze, research vice president at Gartner. The trends, according to Gartner, are: Artificial Intelligence (AI). Advanced Analytics. Autonomous Things.

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Need Robust and Flexible Supply Chain Analytics? Build your own Apps

AIMMS

My takeaways from Gartner’s Supply Chain Executive Conference 2016. Another example, this time in the oil industry, would be an oil blending app. The trick of course is to combine these two approaches. Apps have come to define the way we work and live in many ways. Oil blending is not easy. What should you choose?

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Need Robust and Flexible Supply Chain Analytics? Build your own Apps

AIMMS

Another example, this time in the oil industry, would be an oil blending app. The trick of course is to combine these two approaches. Companies have vast amounts of data at their disposal to plot the right course, but they need powerful algorithms to draw insights from this data and make it actionable.

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Of course, it is helpful to have some statistics on hand to validate the statement above. Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. A disciplined approach to the collection, cleansing, and standardisation of supply chain data.