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The Evolving Role of Analytics in Supply Chain Security

Smart Data Collective

For example, more companies than ever are using analytics to bolster their security. They are also using data analytics tools to help streamline many logistical processes and make sure supply chains operate more efficiently. The market for security analytics will be worth over $25 billion by 2026.

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Data Analytics Will Power a Transformation of Supply Chains in the Post-Pandemic Environment

Dataversity

COVID-19 exerted a disruptive impact on virtually every aspect of business across every sector — and supply chains were no exception. The post Data Analytics Will Power a Transformation of Supply Chains in the Post-Pandemic Environment appeared first on DATAVERSITY.

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Big Data Proves Invaluable to Retail Supply Chain Management

Smart Data Collective

As such, retailers have an even tougher job of keeping on top of supply and demand. Using big data and analytics, retailers can more easily optimize their supply chains. Big data helps with this by enabling you to manage deliveries in real time, which is key to supply chain management.

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How Does AI Help Secure The Supply Chain?

Smart Data Collective

The supply chain is the source of every part of production. Sometimes, though, the supply chain can come with various risks that affect these stages. Technology affects all parts of society, and the supply chain is no exception. This integration is much needed within the supply chain.

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Building a Data Analytics Strategy to Understand Your Supply Chain

Dataversity

The real problem, though, is that even if you can afford that increase, the product and capacity might not be available. […] The post Building a Data Analytics Strategy to Understand Your Supply Chain appeared first on DATAVERSITY.

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Data Analytics Solves Manufacturing Marketing Agency Challenges

Smart Data Collective

Data analytics is unquestionably one of the most disruptive technologies impacting the manufacturing sector. Manufacturers are projected to spend nearly $10 billion on analytics by the end of the year. Data analytics can solve many of the biggest challenges that manufacturers face.

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AI Helps Mitigate These 5 Major Supplier Risks

Smart Data Collective

Many suppliers are finding ways to use AI and data analytics more effectively. For example, poor management might cause their business to collapse, eliminating their products from the supply chain. There are a few ways that a company’s brand can be negatively impacted by a member of its supply chain.