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Generative AI in Supply Chain: How It Impacts Your Logistics

Trinity Logistics

Now, there’s a lot of definitions out there, but here’s how I define it. There are advances in the works to help “fact check” the tool, but you must remember whatever Generative AI does today is opaque. But you must make sure you’re on the right (private) version of the tool. Biggest one is data analysis.

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How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

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How AI and Machine Learning Changed Procurement Management

CLX Logistics

At the heart of these challenges lies the need for advanced tools and technologies to drive innovation, enhance decision-making, and unlock hidden value within procurement processes. ML algorithms enable predictive analysis and decision-making, while NLP algorithms enhance communication and data analysis capabilities.

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How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

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Top Takeaways from Coupa Inspire

Logistics Viewpoints

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa meets this definition. A supply chain design modeling solution is more like a toolbox full of many different tools. The buyer says, “yes.”

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Intelligent Automation, the Future of Supply Chain. Is the Logistics Industry Ready?

Blue Grace Logistics

According to a study conducted by IBM and National Retail Federation (NRF), the retail and consumer goods industry is designating intelligent automation, also known as artificial intelligence, as the future of supply chain. Definitely not. How Intelligent Automation Will Benefit Logistics.

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Logistics in E-commerce: Challenges, Importance and Best Practices

3PL Links

From definition to best practices for implementation, this article will cover every facet of logistics in e-commerce. Your logistics processes can be tracked and optimized with the help of tools like transportation management systems (TMS) and warehouse management systems (WMS). What are the current trends in e-commerce logistics?