article thumbnail

LLMs, Optimization and Automation: Supply Chain’s Defenses Against Market Swings

Blue Grace Logistics

Three technologies have emerged as game-changers for third-party logistics (3PL) and supply chain experts: large language models (LLMs), freight optimization platforms and no-code automation. These AI-driven models can understand and generate human-like text based on the input provided. The answer lies in data.

article thumbnail

How business intelligence can enable you to be a data-driven manufacturer

SYSPRO Smarter ERP

The manufacturing industry is currently undergoing a rapid digital transformation, and as a result, companies are generating vast amounts of data. Unfortunately, without proper processing and analysis, this data is of little use to the organization. This can lead to improved quality, reduced waste, and optimized production processes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

How are companies leveraging scenario modeling for network design and optimization ? The good news is many of the survey’s respondents recognize the potential of more advanced optimization solutions. In the context of disruptions like COVID-19, scenario modeling can make considerable difference – Tweet this.

article thumbnail

Using data and AI to improve manufacturing

SYSPRO Smarter ERP

What is Machine Learning ML is the computing engine behind AI and gives computers the ability to make sense of, and learn, from data to perform specific tasks without manual interference. Nine areas where AI can help manufacturers There are several ways in which data and AI can be applied in the manufacturing industry. The Industry 4.0

article thumbnail

Data, Optimization Key to Eco-friendly Supply Chain, Experts Say

Blue Grace Logistics

Data and optimization can improve efficiencies in supply chains, save shippers money and reduce greenhouse gas emissions, according to logistics experts who shared insights last Friday in honor of National Supply Chain Day. “In Data gives shippers insights. Opportunities for optimization. Freightwaves. Alyssa Sporrer.

article thumbnail

The role of inventory management and inventory optimization in ERP

SYSPRO Smarter ERP

Keeping the right level of inventory requires a technique called inventory optimization. But for larger, complex environments, a more sophisticated inventory management system is needed to collect, process, manage and report on all the data, in as near to real-time as possible. Inventory optimization. The rise of Industry 4.0

article thumbnail

Controlling Supply Chain Cost for Sustainable Growth

Blue Grace Logistics

What you will learn in this blog: Leveraging Data Analytics For Invaluable Insights Implementing Lean Principles for Waste Reduction Effective Management Of Supply Chain Costs As companies navigate market fluctuations and challenges, effectively managing supply chain expenses becomes pivotal for success.