Remove Definition Remove Exercises Remove Optimization Remove Study
article thumbnail

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. However, like with all new things, there’s a need to exercise caution.

article thumbnail

7 Reasons Why the Supply Chain Matters to Business Success

Logistics Bureau

The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. Mini Case Study: Walmart. Mini Case Study: Whirlpool. SEE ALSO: Cost to Serve and Business Profitability.

Insiders

Sign Up for our Newsletter

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

article thumbnail

8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Mini Case Study: Walmart. Mini Case Study: Whirlpool. So if you want to be sure of business success, review your supply chain strategy.

article thumbnail

Supply Chain Management:'Asset' in Enterprise Asset Management

Infosys Supply Chain Management

Case Studies. |. We spoke with Rohit Choubey , Lead Consultant - ECS EAM and Rejeesh Gopalan , Consultant - ECS EAM to get their views on significance of Asset definition in EAM and how it can contribute to the emergence. An Enterprise Asset Management (EAM) framework is predominantly based on the definition of Asset.

article thumbnail

Supply Chain Management:A New Lens for Supply Chain Roadmaps

Infosys Supply Chain Management

Case Studies. |. They expand into an analysis of revenue-accruing & cost-optimizing functions, and result in the identification of capabilities that the organization aspires to develop or enhance. Let us take an initiative such as Inventory Optimization as an example. Mobile Banking. Payments Treasury. Wealth Management.

article thumbnail

Supply Chain Management:Confluence of IT and Business Strategy.

Infosys Supply Chain Management

Case Studies. |. These forms key contributors to an effective transformation exercise. Business process once optimized, it enables better ways to do things going forward. They are an integral unit for success of any transformation exercise and should go hand in hand. Mobile Banking. Payments Treasury. Wealth Management.

article thumbnail

Vendor Managed Inventory Model for Supply Chain Cost Reductions

GlobalTranz

A means of optimizing Supply Chain performance in which the manufacturer is responsible for maintaining the distributor’s inventory levels. Definition: Solicit your suppliers to come into your company to assist you with Supply Chain Cost Reductions, and other important issues, rather than your suppliers soliciting your purchasing dollar.