How do companies make sense of all the data that's available to them today? And how does that translate into appropriate metrics and key performance indicators in distribution? Tim Judge, president and CEO of Agilitics, offers some guidance.
You face a growing number of risks in your supply chain every day. Supplier reliability, natural disasters, port closures, economic uncertainty, trade wars. The list goes on. You also have numerous opportunities to grow your business, improve service levels and reduce costs. The challenge: these insights remain hidden in the vast amount of data enterprise systems generate.
Supply chain organizations have made significant advancements in the ability to extract the information and technology has seen great progress to analyze and deliver the insights you need to make better, faster decisions. Today, advances in artificial intelligence (AI), machine learning, algorithmic optimization, simulations and scenario analysis help automate the routine and augment highly skilled supply chain teams to remove time, inventory and risk from the supply chain.
The best kind of technological revolutions lead to a wholesale change in the way things are done and early adopters can gain a huge competitive advantage. In this white paper, we explore how a Digital Twin can transform your supply chain, help you quickly evaluate new opportunities and enable quicker response to unforeseen events.
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