Machine Learning

How Artificial Intelligence Can Be Used in Your Supply Chain

Posted: 02/12/2020 - 04:33
Using Artificial Intelligence in Supply Chain

Artificial Intelligence (AI) has now invaded how industries operate in more ways than we can count and know. It has developed into a welcome (and now necessary) addition to boost efficiency, sharpen forecasts and speed up certain processes. Any company that sells a product has a supply chain, which is the network of all the stakeholders involved in the creation and distribution of a certain product, and any supply chain can benefit from AI.

Machine Learning 101 – How Machine Learning is Impacting Businesses

Posted: 08/02/2019 - 08:47
How machine learning can impact, excel and innovate your business.
Artificial intelligence (AI) and Robotic Process Automation (RPA) are popular buzzwords today, yet the practical applications for and approaches to these concepts are often less understood and (in many cases) may still be on the horizon.  However, there is a technology-driven differentiator within this overarching category that has been in use across a number of industries for some time.  Machine learning is the means by which a program analyzes a number of data sources and, by using algorithms, “learns” from that analysis to predict likely scenarios or future end-state resul

10 Ways to Find Savings Through Analytics

Posted: 07/09/2019 - 06:48
Businesses need faster and more comprehensive spend management solutions, without the need for additional subject matter experts. To this end, our clients have benefited from improvements in insight and service delivery using 4C’s analytics platform 4Spend. Here are ten ways in which new savings can be found using analytics. 
 
1.) Categorisation and Benchmarking 
 

When the Future You Anticipate Never Arrives: Ensuring Your Expected Outcomes Are Accurate

Posted: 05/10/2019 - 01:33
Today, where machines make decisions, the notion of the “right set of data” becomes a lot harder to understand. This is because machines learn differently than we do. In addition, the rationale for the output that they produce is more difficult to reconstruct. Machines do not have the intuition or the critical reasoning that can help to elevate or discount one data point over another. Input data must be free from bias, representative and as accurate as possible. 
 

What’s Ahead for 2019: Doing More With Intelligent Technology

Posted: 02/19/2019 - 00:27
Intelligent technologies are changing the supply chain game everywhere. The simple fact is that intelligent technology is what often separates the leaders from the followers in today’s digital economy. Technologies like the Internet of Things (IoT), machine learning and predictive analytics help organizations derive greater value from their most valuable corporate asset: their data. Here are some specific thoughts.  
 
IoT, Machine Learning and Data Analytics Will Deliver Competitive Advantage   
 

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