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Data Literacy – What it is and Why it’s so Important

By Kyle Roth | Wed, Dec 05, 2018

What good is data if you can't use it? If you can't find it? If you can't make sense of it? What good is data if you are intimidated trying to interpret it?

People are human. We avoid things that make us uncomfortable. Well maybe that's not you. Kudos.

But what good is data if it works for you, but not your colleague on the floor above or the practitioner in the field? And why such a disparity between those who feel at home with data and those that don't?

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5 Ways Cognitive Technologies can Optimize Your B2B Network

By Lori Angalich | Thu, May 31, 2018

If you aren’t already leveraging cognitive technologies and artificial intelligence (AI) in your business network, you may be missing out on critical supply chain improvements.

Cognitive and AI systems use natural language processing and machine learning to understand, reason, learn about and analyze all types of data. Also, they can interact with users in a more natural, conversational manner.

For B2B networks and supply chains, these capabilities can be leveraged for a wide variety of improvements including:

  • Providing greater visibility and insight—from high level to granular detail
  • Enabling split-second decision making based on the best data available
  • Increasing awareness of critical issues
  • Suggesting the best courses of action 
  • Fostering collaboration among departments and partners

With these capabilities like these, you can plan for (or avoid) disruptions, proactively handle potential issues with suppliers, and ensure you can meet or exceed customer expectations (among many other benefits). Let’s take a closer look at some of the AI and cognitive capabilities available for B2B operations and supply chains today.

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How Artificial Intelligence Can Transform Supply Chains

By Lori Angalich | Mon, Mar 19, 2018

Artificial intelligence (AI) is no longer the province of science fiction: it’s here, and it can be leveraged by your supply chain to transform the way your company sources materials and delivers finished products.

For many companies, AI and cognitive computing are becoming necessities in their supply chain operations, as these capabilities can help them overcome significant barriers to success.

First, we collect a plethora of data in our supply chains, but often, we miss important opportunities for cost savings and efficiency because we aren’t using that data effectively. 

Additionally, artificial intelligence and cognitive capabilities in the supply chain become even more important as Baby Boomers—with their wealth of supply chain knowledge retire. The new Millennial workforce is packed with tech-savvy workers, but they often do not have the supply chain experience of their senior counterparts, nor do they tend to stay in one position for decades, as previous generations did. 

Globalization also presents new challenges to the supply chain. As companies continue to grow, they generate and collect even more data, implement more policies and processes, and add many new employees, suppliers, customers, and locations. Consequently, they struggle with analyzing all of this data, bringing new supply chain employees up to speed on policies and best practices, deciding what actions to take when issues arise, and getting relevant insights into the right hands at the right time. 

While AI and cognitive capabilities can help companies overcome these challenges and many others, they can also help companies improveeven transformtheir supply chains. Let's explore how. 

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Unleashing 3 Key Benefits of Greater Supply Chain Visibility

By Lori Angalich | Tue, Feb 27, 2018

 It’s 11:00 p.m. Do you know where that critical shipment is?

When an important shipment containing parts essential to your flagship product is delayed in transit, the delay can resonate throughout your manufacturing process and impact orders. If you don’t know the problem exists in your supply chain, you’re left scrambling to fulfill orders and maintain production levels. Lack of supply chain visibility puts your business at risk, affecting not only your bottom line but also your company’s reputation.

According to research firm Gartner, supply chain visibility is a top priority among supply chain leaders and Chief Supply Chain Officers (CSCOs) across a wide range of industries and geographies. And for good reasons: visibility into your supply chain not only lets you mitigate late shipment scenarios but also helps you proactively mitigate these problems. Supply chain visibility can also help you identify risks and potential savings.

When visibility is combined with business intelligence, predictive analytics, and artificial intelligence (AI)—organizations can gain unprecedented supply chain insights that can transform their operations.

While there are too many benefits to cover in a single blog post, let’s explore three benefits of supply chain visibility that are top-of-mind. 

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8 Great Reasons to Attend IBM Think 2018

By Lori Angalich | Thu, Feb 15, 2018

Did you know that IBM merged a number of their top conferences—Interconnect, Amplify, World of Watson, Edge, and Connect—into one in 2018?  If you haven’t already heard about it, IBM Think is IBM’s new flagship business and technology conference, taking place March 19–22, 2018 at Mandalay Bay in Las Vegas.

It’s a global event where over 40,000 business and technology innovators, leaders, and thinkers will gather in one place to share ideas, discuss topics like Artificial Intelligence, Cloud, Supply Chain, Blockchain, Omnichannel Commerce, Data Analytics, Integration, Security, IoT, and more—and enjoy some exceptional networking, entertainment, and fun along the way.  

While there are many reasons to attendincluding a few mentioned in the video belowyou may be most interested in reading the highlights so that you can make plans quickly (the event is just weeks away). So, as someone who has attended quite a few conferences over the years, I’ll share in this post what I believe are some of the best reasons to attend. These are in no particular order.

 

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