For sustainable competitive advantage in an uncertain world disrupted by COVID-19, businesses need to have a supply chain that is smart as well as agile. At Nagarro, we see supply chain optimization as a series of decisions that impact upstream and downstream processes. Data-driven approaches leveraging AI can enable organizations to take these decisions effectively and account for uncertainties in multiple areas such as supplier management, demand forecasting, reverse logistics, and order management.
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One Network Enterprises
Artificial Intelligence offers huge benefits for supply chain managers, but only if it is based on solid fundamentals that consider the scale and dynamics of today’s supply chains.The success of AI in supply chains is heavily dependent on information accuracy, data timeliness, and selection of the correct decision space for AI applications.
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Therefore, CSCOs and Supply Chain Leaders need to approach risk management very differently than they have in the past. Organizations which have advanced their risk management practices are better positioned to maintain control during times of chaos.
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Transportation Marketing and Sales Association
The transportation and logistics industry is currently confronting dramatic change - which brings both risk and opportunity. Driving factors range from new technologies and new market entrants to new customer expectations and new business models. There are many opportunities and solutions those in the industry can develop to meet evolving challenges - some evolutionary, others more revolutionary.
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