Big data

Using Big Data to Drive the Supply Chain

Supply chains worldwide have faced massive challenges over the last several years. Product shortages, port bottlenecks, labor crises, and more have prompted manufacturers and retailers to invest in emerging technologies such as artificial intelligence, machine learning, and automation to alleviate the impacts of supply chain disruptions and help manage optimized logistics. As companies increase their…

just in time supply trends

Principles of Just-in-time Supply Chains

Throughout the supply chain industry there are various types of inventory management processes that businesses use depending on how they operate. Some examples of inventory management trends include the min/max method, omni-channel fulfillment, just-in-time, and just-in-case methods. Perhaps one of the more popular practices, the just-in-time method, involves a business setting up its supply chain…