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The SupplyChain Renaissance Has Begun! Strategies to improve your SupplyChain article and permission to publish here provided by Claire Glassman. The supplychain is a significant part of your overall businessstrategy and inventory management. Use DemandPlanning.
Ultimately, effective SRM can increase supplychainvisibility, improve quality and supply consistency, drive down costs, improve customer service, create a higher mix of strategic versus active suppliers, and make an organization more competitive.
A fair number of companies are leaning toward the latter view. While they might embrace the underlying concept of the IoT, they’re dubious about their ability to manage the resulting flood of data in a meaningful way. How, for example, can they distinguish between information that’s relevant to the organization, and that which is useless?
of course, has the potential to affect multiple stages and functions of the supplychain. That, at least, is how Geoff Webb, vice president of product marketing with PROS , sees the application of A.I. to the complex exercise of pricing.
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