Accelerate Decision Making with a Dose of Digital Transformation Over the last 100 years, the human lifespan on Earth has grown significantly, mostly due to progress in the medical field. Lifespan has nearly doubled in a century and is continuing to grow as the life sciences industry advances. The life sciences are integral to the quality of life and lifespan, but the field faces some uniquely difficult inventory challenges. With long lead times to market, short product shelf life, and strict regulatory requirements, life science products require an exceptional digital twin. Once you’ve c ..read more

Leveraging AI for Faster, Strategic Decision Making There is a lot of information out there around generative AI, and it’s difficult to separate fact from fiction.  As a member of Logility’s research and development team with a specialization in generative AI, I have a front row seat to witness the rapid expansion of artificial intelligence technology. AI has presented challenges and opportunities for business leaders seeking to leverage its potential across their organizations to improve efficiency and increase profitability. In this blog, I‘ll address 10 common generative AI myths to d ..read more

Everywhere we look, artificial intelligence (AI) is pushing the boundaries of everything businesses and their people do. The opportunity to analyze vast amounts of data and make informed decisions in real time is not only increasing operational efficiency but also creating innovative models that drive higher cost savings and customer satisfaction. Inventory planning and optimization are no different. Building a dynamic inventory view InventoryAI+ offers unprecedented capabilities, including the development of a user-friendly dashboard. AI embedded inventory planning and optimization addre ..read more

In an ever-evolving technological landscape, new potential explodes in the supply chain space daily. With improving machine learning and artificial intelligence capabilities, advanced analytics are shifting, becoming a more attractive option to leaders across industries. But how can you incorporate advanced analytics into your supply chain flow? What do you need to have in place before you can do it to guarantee success? Let’s take a look. What Are Advanced Analytics? Statistical analysis is a vital component of the supply chain. In the traditional sense, analytics apply mathematics and sta ..read more

How an AI-First Mindset Is Reinventing Supply Chain Operations AI has captured widespread fascination, igniting imaginations across various sectors. From generative AI for supply chain to AI-assisted development and copilots, the potential of these advancements has gained significant attention when it comes to revolutionizing work efficiency, streamlining decision-making processes, and elevating business productivity. Business leaders are particularly interested in the potential improvements AI presents, according to a BCG survey. Over half (54%) of surveyed executives anticipate AI to yi ..read more

In an era marked by rapid market shifts and evolving business landscapes, precision and speed in demand planning have transcended from being mere advantages to absolute imperatives. This was the central theme of Piet Buyck’s recent webinar, “Implementing an AI-First Demand Planning Solution.” Buyck, a leading figure in demand sensing and AI-first demand planning, provided more than just an overview of new technologies. He offered an in-depth analysis of how generative AI revolutionizes supply chain management. As companies face the unpredictability of market demands, AI has evolved from a n ..read more

What defines a high-performing supply chain? Depending on who you ask, the answer can be anything from low costs and efficiency to a delicate balance between profitability and customer service. However, this year promises a significant paradigm shift where traditional performance metrics are replaced by technology-driven frameworks, as recent breakthroughs with Generative AI in supply chains have demonstrated. Enter our list of supply chain trends for 2024. Beyond making mere predictions, our executives compiled trends based on analyst insights and their observations of real-world supply ch ..read more

How AI in Supply Chain Brings Value to Your Business Supply chain leaders are looking to get a firmer grasp on their supply chain planning. And what better way to start than artificial intelligence (AI)? Over the last few buzzword-laden years, we’ve seen many shiny new tools generate excitement – and confusion – around the potential of AI. Technologies are being designed from the ground up to use AI capabilities to improve forecasts and reveal insights faster than any human could. And even ChatGPT is making it easy for anyone to create content – even complete articles and white papers – t ..read more

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. This blog cuts through the complexity, presenting how supply chain AI strategy and machine learning, especially through the power of generative AI and InventoryAI+, are essential in crafting a smarter, more responsive retail supply chain. We’ll explore how these technologies transform forecasting from guesswork to science, enabling retailers to stay agile amidst fluctuating trends, seasonal shifts, and unforeseen market ..read more

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning. Staying competitive in this intense landscape demands finely tuned operations that are highly efficient and effective – from product concept to customer consumption. The time is ripe to move forward with supply chain transformation. With the combination of advanced inventory management, modern demand planning ..read more