Value Chain Hackers’ Post

Sorting through outdated reports and information can become increasingly overwhelming, leading to inefficiencies and potential disruptions in daily operations. 📉 The advantages of leveraging AI technology for managing your Supply Chain are well-documented, offering transformative improvements in efficiency and accuracy. However, concerns about data security and privacy continue to be a critical consideration for many organisations. 🎥 In this latest video, Logility delves into how the right AI-driven solutions can not only streamline your operations but also enhance data security, ensuring that your Supply Chain management is both cutting-edge and secure 🎥➡️https://okt.to/XOeIB6 #DMSLetsChat and discover how these advanced tools can propel your business ahead of competitors by improving accuracy, speed, and reliability while maintaining robust protection for your sensitive data. 🔹 DMS is dedicated to Supply Chain Excellence! 🔹 Talk to a DMS Supply Chain Expert today! 🔹 Call DMS at 02 9659 4555 or email info@demandmgmt.com 🔹 Follow our Socials for the latest Supply Chain Insights & Updates! #DMS #AIInnovation #SecureData #EfficientOperations #SupplyChainManagement

Challenges such as uncertain macroeconomic climate, extreme weather phenomena, geopolitical upheavals and other supply chain disruptions, put a strain on the procurement process. Companies have turned to technology to solve these issues with digital supply chain modernization accelerating. Technologies used range from low-code/no-code development to artificial intelligence (AI) and machine learning (ML) and generative AI such as ChatGPT. The recently released 2024 GEP Procurement and Supply Chain Tech Trends Report, examined the technologies. #tech #scm #trends #growth #supplychainmanagement #innovation

Watch this webinar and see how you can better manage your supply chain risk and performance.

Resilinc was selected as #RiskManagement Solution of the Year out of thousands of companies operating in the supply chain technology industry. With its advanced #AI technology plus unrivaled risk data, including a supplier network mapped down to the sub-tier, site, and raw material level, Resilinc enables organizations deep visibility into their multi-tier supply network and the ability to collaborate directly with suppliers on a single, secure platform. By providing actionable insights and resilience analytics, Resilinc helps companies optimize and safeguard operations, protect brand reputation, and maintain a competitive edge. #SupplierManagement #SupplyChain #SCRM #Excellence

Exciting news for the supply chain industry as a recent study by Future Market Insights, Inc. predicts a 15.6% growth in the cognitive supply chain market, reaching US$ 40.4 billion by 2034. This highlights the increasing reliance on advanced technology in supply chain management. While this projection showcases the potential of cognitive solutions driven by AI and machine learning, it's important to approach such forecasts with a critical eye. Unforeseen technological advancements, shifts in consumer behavior, and global economic conditions can all impact market dynamics in ways we may not anticipate. Furthermore, while cognitive solutions offer efficiency and predictive capabilities, they also bring risks such as cybersecurity threats and the potential marginalization of human expertise in decision-making processes. It's essential to strike a balance between technological innovation and human oversight to ensure supply chain resilience in the face of unexpected challenges. #SupplyChainManagement #AI #MachineLearning #FutureTechnology #Cybersecurity #HumanExpertise #BusinessIntelligence #IndustryForecast #Resilience #Innovation

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#AI and #ML are more than buzzwords—they are transforming #procurement from a back-office function to a strategic, data-driven process. Despite challenges like data quality and privacy, organizations using these technologies have key advantages, including reduced supply chain costs and increased efficiency. Learn more from Rajiv Bhatnagar, director of software development, via Future of Sourcing: http://spr.ly/6045eVhvx

Excited about the future of procurement? Check out this insightful article on how AI and ML are transforming procurement efficiency. From enhancing demand forecasting and inventory management to optimizing supplier discovery, these technologies are revolutionizing the field. Embrace the power of predictive analytics and strategic insights to stay ahead.

Join us as we dive into strategies for managing supply chain performance and mitigating risks using AI and Dynamics 365 for Finance and Operations. During this session, we’ll explore the dedicated Supply Risk Assessment Workspace, and you will learn how AI can enhance your organization’s supply chain resilience. Watch now! https://bit.ly/4cuX9rv

Watch this webinar and see how you can better manage your supply chain risk and performance.