Most manufacturers understand that skillful management of service parts operations is critical to reducing costs and optimizing stock levels throughout a supply chain network. But very few are actively leveraging the after-sales side of business as a source of greater profits.
SAP has announced Fieldglass Live Insights, a new machine learning-powered, data-driven insights service that makes it possible for executives to benchmark, plan, predict and simulate external talent scenarios.
Data and analytics have redefined the way we compete. Data is a critical corporate asset that organizations are starting to monetize in new ways to get ahead of their competition. The bottom line? Companies that leverage data to drive the performance of their organization's decisions are winning at a faster rate than their competition.
New government regulations of the drug industry drove the need for a more responsive, feature-rich and flexible EDI environment - but that created opportunities for one pharmaceutical company.
Perhaps the most overworked word in the supply chain management lexicon is "visibility." Yet it's difficult to overstate the importance of a view into what's going on in the supply chain. After all, you can't source, make, move, store, deliver, measure or improve what you can't see. At the same time, the value of supply chain visibility is lessened if it isn't comprehensive — encompassing the supply chain from one end to the other, from upstream to downstream.
The first quarter has ended, yet your company has yet to get its arms around how to leverage technology to compete, remain in business and improve the customer experience. Let's explore some key recommendations that all businesses should be considering as they embark on the ever-changing business technology landscape.
A conversation with supply-chain executives about the tools, talents and techniques that will be needed to create accurate and responsive demand forecasts in the years ahead.
Responding to both investor demand and Securities and Exchange Commission mandates, the 10-Ks, 10-Qs, and proxy statements issued by companies contain more nonfinancial information than ever before.
Born from the obscure "bitcoin" universe as a foolproof method to keep track of transactions, and now gaining popularity in the banking and finance world, blockchain is emerging in the logistics arena. This once-little-known technology may be a potential solution to the problem of providing transparency in the supply chain while still keeping shippers' and forwarders' proprietary information private.