Remove Events Remove Inventory Remove Supply Chain Software
article thumbnail

6 Ways AI Empowers End-to-End Decision Automation in Supply Chain

Logistics Viewpoints

Consequently, everyone asserts they are utilizing AI, and those in the supply chain world are no exception. How will it address “the world hunger problem” in supply chains, particularly in the context of supply chain planning? How can AI contribute to end-to-end decision automation?

article thumbnail

Spare Parts to Profits: Strategic Inventory Mastery

ToolsGroup

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Spare parts supply chains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively.

Insiders

Sign Up for our Newsletter

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

article thumbnail

ToolsGroup Recognized as The Technology Leader in Retail and Supply Chain 2024 SPARK Matrix™ Categories by QKS Group

ToolsGroup

QKS Group , a global advisory and research firm, evaluates vendors for its SPARK Matrix™ based on two key criteria: technology excellence and customer impact. We are honored to be recognized by QKS as a technology leader in their analysis of the retail and supply chain markets,” said Inna Kuznetsova, CEO of ToolsGroup.

article thumbnail

Supply Chain Optimization: Leveraging Integrated Scenario Planning as a Margin Multiplier

Logistics Viewpoints

Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.

Modeling 246
article thumbnail

Digital Transformation: Why You Can’t Afford to Wait

Even global manufacturers –– companies across industrial, automotive, chemical, and energy industries –– are scrambling to mitigate the impacts of labor, material and energy shortages, delays, inflation, and unexpected events. Yet, progress is slow and often reactionary, and a reactionary mindset fails to address the underlying causes.

article thumbnail

LogiCon24 Sparks Opportunities to Reimagine Supply Chains

Logility

With over 1000 participants, the first annual LogiCon24 Virtual Supply Chain Summit hosted by Logility brought together industry experts, thought leaders, and enthusiasts to reimagine supply chain. Reimagine supply chain The final keynote of the day came from Kevin McInturff, CTO for Logility.

article thumbnail

Supply Chain AI: 25 Current Use Cases (and a Handful of Future Ones)

Logistics Viewpoints

It has led supply chain vendors to discuss how they currently use artificial intelligence. Further, virtually every supplier of supply chain solutions is eager to explain the ongoing investments they are making in artificial intelligence. When it came out, ChatGPT seemed like magic.