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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

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What is Supply Chain Management? A Guide to Success

SCMDOJO

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

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Adapting Supply Chains to the Digital Retail Revolution

SCMDOJO

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. In addition to the ever-changing marketing landscape, the supply chain often fails. You need to integrate your supply chain management systems to meet this demand.

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What Powers Artificial Intelligence (AI)? A Guide to Procurement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. For many people in Procurement, the language used in data science can be confusing. “Teacher” or “Training set” data are used to establish a general rule that maps inputs to outputs. Unsupervised learning can be an effective method of discovering hidden patterns in data.

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The Development of Spend Data Analysis

Market Dojo

Eddie is the co-founder of Seaforth Analytical Services. They are data analytics specialists providing spend analysis on big data. Big Data Analysis – Past, Present and Future. Big data analysis is soon to be a revolutionary step in transforming the digital world. Spend Analysis – The Present.

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Digital Twin is an old idea – just new to supply chain

Solvoyo

The supply chain world is just discovering the digital twin concept and we are nowhere close to the level of detail and sophistication of these decades-old examples. However, I also believe that the old-fashioned digital representation of a supply chain with nodes and arcs is like drawing a stick figure.