article thumbnail

2021 Supply Chain Technology Trends to Watch

Logistics Viewpoints

There are some young supply chain technologies that are getting a lot of buzz. But how mature are these technologies? There are also promising technologies that we expect will deliver great value. Finally, there are technologies that do generate value that few people have heard of. Hyped Technologies. Blockchain.

article thumbnail

SAP Goes All-In on Artificial Intelligence

Logistics Viewpoints

12,000 SAP customers and partners attended the event, and another 15,000 watched remotely. The German software colossus has 27,000 customers and 300 million users that rely on their software. When SAP refers to AI, it refers to generative AI based on large language models or AI based on machine learning.

SAP 144
Insiders

Sign Up for our Newsletter

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

article thumbnail

Supply Chain Design: A Tool to Help Maximize Value

Logistics Viewpoints

For it to be an optimal solution, a mathematical model needs to be used. That model can then be used to analyze every new situation that arises. The model will help a company find a solution that is best for their relocated employees as a whole. Do we have a demand forecasting tool in place and, if so, how good is that forecast?

article thumbnail

Capitalizing on ERP trends in 2024

SYSPRO Smarter ERP

ERP trends 2024 – achieving business success through the use of innovative technologies Now that Artificial Intelligence and Machine Learning are firmly established, we expect to see a massive take-up of these technologies by manufacturers in 2024. of total IT software spend, and 5% of overall IT spending.

ERP 59
article thumbnail

2021 Supply Chain Technology Trends to Watch

Logistics Viewpoints

There are some young supply chain technologies that are getting a lot of buzz. But how mature are these technologies? There are also promising technologies that we expect will deliver great value. Finally, there are technologies that do generate value that few people have heard of. Hyped Technologies. Blockchain.

article thumbnail

Top Solutions for Supply Chain Agility

Logistics Viewpoints

A multi-enterprise supply chain network platform provides network-based order fulfillment applications and/or advanced network-based supply chain risk analytics. Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network.

article thumbnail

What are Digital Twins and How Can They Drive Warehouse Efficiency?

Logistics Viewpoints

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. To define what exactly it is, a digital twin is a virtual replica of a physical asset, process, or system. Simulation is the most widely used benefit of a digital twin. Physical change (i.e.,