Remove 2009 Remove Supply Chain Efficiency Remove Supply chain resilience
article thumbnail

What is Jon W. Hansen’s description of the learning loopback process for self-learning algorithms? (Post 2 of 3 Today)

Procurement Insights

cost efficiency, tariff resilience). This loopback refines decisions without human intervention, though Hansen would stress human oversight for ethics (2009 post,). Hansens model thrives on real-time resilience, as seen in its 23% savings (). Self-Learning Aspect: Algorithms adjust weights or priorities (e.g.,

article thumbnail

How GenAI is Transforming Manufacturing for Greater Efficiency

Jaggaer

Business confidence has seen huge swings with fewer businesses expressing an intention to increase capital spending than at any time since the financial crisis of 2009 — with the brief exception of the peak inflation of 2023. tooling, materials, QA processes) to manufacture variable outputs efficiently.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Rivian: Navigating Supply Chain and Operational Challenges and Embracing Growth

SCMDOJO

Introduction Founded in 2009, Rivian Automotive, Inc. However, this initial success was soon overshadowed by a series of setbacks and challenges that Rivian had to navigate through mainly related to supply chain and production. The production setbacks experienced by Rivian had a direct impact on its reputation and supply chain.

article thumbnail

Intelligent IBP – a new role for supply chain planners

Supply Chain Trend

In this blog : a new role for supply chain planners. Similar to the continuous automation of physical assets in the supply chain over the last 100 years, we’ve now reached the era where the knowledge worker will be augmented or automated by a machine. Supply chain planners and IBP teams will not escape this evolution.