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About Supply Chain Sustainability: A Brief Study
Introduction: While discuss about Supply Chain Management Network Design the business issue of Supply Chain Sustainability is included by high level executives. Supply Chain Sustainability is affecting an organization’s logistic and Supply Chain Network in terms of environment, risk and cost of wastes. This is considered essential to deliver long term profitability instead of monetary cost, speed and value as dominant issue. There is a […]
How to enhance supply chain management efficiency using AI technology? |
AI uses historical sales, market trends, weather, and social media to predict demand with higher accuracy so that it enhances supply chain management efficiency. Machine learning models detect patterns and seasonal trends, reducing overstock and stockouts. AI algorithms aid in route planning, fleet management, and delivery
scheduling, reducing transportation costs. AI-powered systems manage factory floors and production lines more efficiently, enhancing capabilities and reducing machine downtime. Robotic Process Automation and AI automate repetitive supply chain tasks, including order processing, invoicing, vendor communication, and procurement workflows.AI enhances supplier selection, risk assessment, and collaboration, with improvements in risk prediction, AI-powered supplier scorecards, and automated negotiation.AI and computer vision enable
smart warehousing, with AI-driven robots for picking and packing, real-time inventory tracking, and optimized layout and storage space. AI chatbots and virtual agents ensure a responsive and proactive customer service experience. AI-based analytics platforms provide real-time dashboards and predictive insights, scenario modeling for disruptions, cost-to-serve analytics, and recommendation systems for best supplier and logistics choices.
Sourcing and Procurement Decisions and Third Party Supply Chain Management Service Providers
Abstract: Supplier Scoring is used to rate Supplier performance. Impact on Supply Chain surplus and the total cost is the basis of comparison between suppliers. If the sourcing process is effective it improves profits for the firm and the total supply chain in various ways. A firm may like to keep a supply chain function in the house if outsourcing […]
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Great! It's supply chain management site. Many valuable resources available here. Thanks from Mobile Marketing
great site very educative and professional blogs
Supply chain management is becoming important for consumer confidence in certified products.Supply chain management courses
Hi,
I am appreciated .
Please visit upcoming articles also.
Thanking you.
Certification is important for a professional.But to continue certification procedures are a bit costly.
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