As companies are struggling to maintain and/or achieve efficiency in these tough times, one of the top things they are focused on is the order-to-cash cycle. In many cases, invoices were still being managed in hard copy – until the pandemic sent most office workers home, that is.
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Supply Chain Now – Episode-476
Although companies have been trying to improve their demand forecasting and planning for years, it is still an inexact science. A better approach is now emerging – one that does not try to look into the future, but instead uses technology to connect demand and inventory in real time.
Supply Chain is Boring – Episode-17
Bruce Welty never wanted to build robots; Amazon.com made him do it. Starting in the 1970s, Welty, specialized in software for managing warehouses. In 2009, he shifted gears and founded Quiet Logistics, a company that used robots from Kiva Systems of North Reading to dramatically reduce warehouse operating costs.
TECHquila Sunrise – Episode-29
In this episode of TECHquila Sunrise, Greg welcomes Verusen CEO, Paul Noble, to the show.
Taking Stock of AI Technology for Inventory Management
Manufacturers understand the importance of precise data management to assure that sufficient materials are available in order to avoid costly production downtime. Still, many continue to rely on an outdated and error-prone patchwork of spreadsheets and manual data inputs, often leading to supply shortfalls, mislabeled products and overstocking of products that are no longer needed. This webinar will demonstrate how artificial intelligence (AI) replaces disconnected data silos with a digitized network footprint of all goods, services and logistics throughout the supply chain so that every decision is visible across the entire organization. AI’s machine learning capabilities remove materials guesswork by continually updating and interpreting market and customer trends to drive highly accurate predictive inventory analyses for indirect MRO, direct goods and even finished products. The webinar will also explain how complete digitization of data improves operational efficiency by harmonizing real-time, continually updated data across all departments and users, streamlining inventory management for speedy access to individual product stocks and available quantities.
Supply Chain Now – Episode-521
As we wrap up 2020 and look towards the new year, many supply chain professionals have finally gotten enough distance from the peak pandemic impact in the spring and summer to examine what worked and what didn’t.
Supply Chain is Boring – Episode-512
Robotics have been applied to a wide range of business problems over the last few decades, and the COVID-19 pandemic is no exception. Now, robots are stepping in to help companies meet the elevated demand of eCommerce at a time when they can’t put more people in their existing facilities.