article thumbnail

2023 supply chain and logistics management trends

EazyStock

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. It can also make it harder for suppliers if you realize you’ve underestimated and need an urgent order. Machine learning analyses trends, recognizes anomalies and offers insights.

article thumbnail

2023 supply chain and logistics management trends

EazyStock

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. It can also make it harder for suppliers if you realize you’ve underestimated and need an urgent order. Supplier management. Supplier ranking. Supply chain issues.

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

How AI is transforming manufacturing Part 2: Inventory management

SYSPRO Smarter ERP

Inventory control can benefit from Artificial Intelligence (AI) because AI provides powerful insights for companies, highlighting interesting trends from large volumes of data that help procurement and warehouse teams to better manage the daily tasks of inventory management. Inventory management in the supply chain.

article thumbnail

How electronics manufacturers can use ERP to address industry challenges

SYSPRO Smarter ERP

While some trends have been emerging in recent years , they have speeded up rapidly and are taking industries to a new level. Supplier management. The supply chain shocks of the past 18 months have shown that traditional supply chain management practices need to be reviewed.

article thumbnail

ERP addresses the challenges of Make to order manufacturers

SYSPRO Smarter ERP

With the recent stress placed upon the supply chain in recent years and the changing political alignment across the globe, we are seeing a trend for supply to be bought closer to home which has resulted in Australian MTO manufacturers attracting significant capital input and flourishing. MRP manages the spread of demand across the suppliers.

article thumbnail

Top 8 Applications of Artificial Intelligence in The Supply Chain

3PL Links

Read also: Top 9 Technology Trends for Your Warehouse in 2024 The supply chain Although it incorporates logistics, the supply chain is not to be mistaken with logistics. Supplier management Artificial intelligence can help you manage suppliers more objectively and efficiently.

article thumbnail

Big data and inventory management

EazyStock

Big data is used to understand trends and patterns in behavior. Big data and the benefits to inventory managers. Big data can help businesses reduce costs, enhance efficiency, and make smarter, informed decisions by quickly analyzing patterns and trends in a number of ways. Big data helps improve supplier management.