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Supplychains are particularly vulnerable during recessions. Consequently, it is imperative to develop a recession-proof supplychain to make them more resilient and adaptable. A resilient supplychain is one that can absorb shocks and continue functioning with minimal disruption.
Hansen’s early concepts—especially his 1998 frameworks involving agent-based modeling , the Metaprise , time-zone polling , and advanced self-learning algorithms —share fundamental DNA with the adaptive, decentralized, and data-rich supplychain models later refined and scaled by Jeff Bezos at Amazon. MODEL 2 Jon W.
Rank Provider Founded Reasoning 1 SAP Ariba 1996 Ariba was founded in 1996 (acquired by SAP in 2012), making it the oldest. 8 Keelvar 2012 Founded in 2012, a decade of experience in sourcing optimization. 9 Lytica 2015 Established in 2015, a newer player in supplychain analytics.
Subscribe to SupplyChain Game Changer. Duration of disruption may last around for 3 years down the line but alternative scenarios range from one to five years, Disruption still underway if HSFO-LSFO spread incentivizes previously uneconomic refinery optimization. Later in the year 2012, it was further reduced to 3.5%
From The Terminator to Blade Runner, pop culture has always leaned towards a chilling depiction of artificial intelligence (AI) and our future with AI at the helm. What you get is optimized scenarios that maximize revenues. In 2012, it acquired Kiva Systems, which developed warehouse robots. Check out SupplyChain 4.0!
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