Our manufacturing clients have really embraced the power of AI during the last year. From improved forecast accuracy that affects inventory levels, to working more openly with changing customer needs and the overall customer experience, they are already in the effects of using this data.
Should I really invest time and resources into technologies I don't know will pay back? For example, there is a lot of conversation about the value (or lack thereof) with blockchain, IoT, AI and more. This concern continues to arise and is on every executive's mind.
CLAREMONT, Calif., Sept. 18, 2019 /PRNewswire/ -- Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., predicts that artificial intelligence (AI) and human learning will impact most aspects of manufacturing resulting in improved profits, inventory levels and cash. "Our manufacturing clients have really [...]
Earlier this year, LMA released a report, “Manufacturing & Supply Chain in the New Normal”, that includes insight from a number of industry experts and executives on current trends in logistics and supply chain management.
Artificial intelligence appears to be taking over the world. You better get up-to-speed quickly!
Uncover how the US government's prioritization of AI in policy shapes industry standards and supply chain resilience.
Artificial intelligence is increasingly becoming a vital part of the leading supply chain companies and is transforming the supply chain system at a very fast rate, even though many companies aren’t ready for it.
“AI" and machine learning will have a profound impact over the next few years! For example, instead of following preventative maintenance schedules according to a rolling calendar which is likely to create unnecessary machine downtime while not resolving all of the unexpected machine breakdowns, AI can flip this equation on its head!”
Which of these technologies should we pay attention to? Let's look at some of the more popular ones.
At the Southern California Supply Chain and Logistics Summit conference, there were several keynote speakers from industry icons such as Amazon, UPS, Union Pacific and more. One might expect quite a lot of interesting insights into the latest supply chain trends yet the most common theme among the presentations tied back to the skills gap.
