Machine Learning

Machine Learning Prevents Supply Chain Risk

By James Ovenden

Artificial Intelligence is set to have a profound impact on society, perhaps more potent than any technology humanity has ever witnessed. It provokes fear and joy in equal measure, but while some may worry about its implications for society and the future of employment, its benefits for business are undeniable. And these are already starting to be realized. In a recent survey by Accenture, 70 percent of executives said they are significantly increasing investments in AI compared with two years ago.

Improvements in AI have been driven by machine learning. Machine learning is a form of artificial intelligence able to learn without a human programming it to specifically find something. Machine learning algorithms do this by searching large data sets for meaningful patterns, from which future events can be predicted or classified. It finds the sort of patterns that are often imperceptible to traditional statistical techniques because of their apparently random nature.

How to Integrate

Integration Requires Collaboration

By Steven Crooke

At Reveal, we spend a great deal of time touting the virtues of a truly integrated supply chain supported by the best (in our opinion) integrated supply chain ERP system available – SAP®.

Too often, in searching for solutions for an ailing supply chain, people are consumed by what they do not know about the technology. Organizations search only for technical solutions that involve training and quick tips on a variety of transaction codes. The belief seems to be that, with the knowledge of just one more T-code, they will be better equipped to address all the issues in their supply chain and put their company on the path to integrated supply chain success. While we recognize that, in most cases, their intentions are pure, their solution to “fixing” an ailing supply chain is little more involved than a spot fix. In fact, in most cases we have found the problem may not involve a technical fix at all.

ecommerce boom

How the e-Commerce Boom Impacts Supply Chain

By Rick Elfman

Luxuries such as same-day and two-day delivery options drive consumer loyalty and repeat shoppers, but that doesn’t come without a cost. The continuous rise in consumer demand for seamless and immediate shopping experiences has put great pressure on both B2C and B2B supply chain leaders to ensure inventory and infrastructure models are updated and as efficient as possible. And while some industry giants, such as Amazon, have this puzzle solved, many retailers – from big-box brands to middle-market companies – are still playing catch up, and many are failing.

Retailers live or die by their sales, and without supply chain improvements and innovations, they will not overcome the challenges or benefit from the opportunities that e-commerce presents.

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