article thumbnail

Optimizing Supply Chain Performance with Unified Data

Supply Chain Brain

In our ever-changing world, supply chain organizations must be able to respond to a wide range of variables including geopolitical factors, supply shortages, transportation bottlenecks, extreme weather, and public health events.

article thumbnail

How generative AI will revolutionize supply chainĀ 

IBM Supply Chain Blog

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. In the age of digital transformation, the integration of advanced technologies like generative artificial intelligence brings a new era of innovation and optimization.

professionals

Sign Up for our Newsletter

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

article thumbnail

Supply Chain Optimization: Business scenarios and architecture

IBM Supply Chain Blog

The pandemic has brought supply chain to focus, and organizations recognize dynamic supply assurance as a critical capability for their business. Chief Supply Chain Officers (CSCO) and other executives seek to optimize their supply chain by infusing AI, modernizing their technology and addressing sustainability goals.

article thumbnail

13 Important Roles of Data Analytics in Supply Chain Optimization

SCMDOJO

For businesses to succeed, supply chain optimization is essential to succeed. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision. They can understand their supply chain operations with more precision.

article thumbnail

Real-time artificial intelligence and event processing Ā 

IBM Supply Chain Blog

By leveraging AI for real-time event processing, businesses can connect the dots between disparate events to detect and respond to new trends, threats and opportunities. AI and event processing: a two-way street An event-driven architecture is essential for accelerating the speed of business.

article thumbnail

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.

article thumbnail

Managing Supply Chain Disruptions: U.S., U.K. Manufacturers Accelerate Procurement

ivalua

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ā€˜strategic priorityā€™. Nearly all executives surveyed (97%) point to significant disruption today in their direct materials supply chain.