IBM Watson: how AI is transforming the supply chain
New technology such as AI, Big Data and machine learning is making life easie...
The supply chain industry is in a state of transition and transformation.
New technology such as AI, Big Data and machine learning is making life easier for industry executives as an ever-increasing number of companies begin to digitise their offerings. In order to stay ahead in a dynamic and continuously evolving industry, businesses must trial technology to increase efficiency.
The technology giants, IBM Watson, understands the challenge that supply chains face. The company has announced Watson Supply Chain Insights, an AI-based solution that enables supply chain professionals to get through a data overload for enhanced visibility throughout the entire supply chain.
Watson Supply Chain Insights includes advanced AI capabilities designed to provide supply chain professionals with greater visibility and insights. IBM Watson believes in the power of AI-driven insights. It can improve all of the core processes required to run a modern supply chain. This improves not only the end-to-end visibility of data, but also insights on that data to enhance decision-making and efficiency across every aspect of the supply chain and offer a single source of truth.
Through the IBM Watson Supply Chain Insights, companies can use it to predict, quickly assess and more effectively mitigate disruptions and risks with more complete information. This enables supply chain professionals to reach the source and achieve the visibility and insights they need to act faster and with confidence.
AI can ultimately help companies to create a more agile, intelligent and customer-centric supply chain. There is a lot of value to be harnessed through AI, it’s important that businesses across the world continue to see it as an enabler.
For more information on all topics for Procurement, Supply Chain & Logistics - please take a look at the latest edition of Supply Chain Digital magazine.
New speakers announced for Procurement & Supply Chain Live
Two leading executives in supply chain transformation have been confirmed for this year's Procurement & Supply Chain Live event.
Procurement & Supply Chain Live is the perfect opportunity to hear from prominent executives at the world’s leading procurement and supply chain businesses. The event will be streamed live from Tobacco Dock, London via the leading networking platform Brella.
The three-day show, running 28-30 September 2021, is an essential deep dive into the industry, with influential speakers sharing insights and strategies from their organisations, group roundtable discussions, and fireside chats.
We take a look at the latest additions to the already amazing lineup of speakers announced so far, and what they will bring to the flagship event.
VP Global Supply Chain at Macmillan Education Ltd
Shaun Plunkett has over 30 years of supply chain leadership experience in FMCG, entertainment and media sectors, supporting multi-billion euro businesses including Universal Music, EMI, Sony Music, Harper Collins and Associated British Foods. He has a track record of successfully delivering transformational change coupled with award winning operating models and developing and coaching global teams. Plunkett says that challenging the status quo is at the heart of what drives him on a daily basis - and encouraging others to continuously push the boundaries.
Read more about Plunkett’s involvement in Macmillan Education’s supply chain transformation HERE
Digital Transformation Lead, Oracle UK and Board Member, CILT at Macmillan Education Ltd
Vikram Singla is digital transformation director at Oracle, UK. He helps supply chain and finance business leaders leverage technology to deliver meaningful business outcomes for their organisations. He also serves on the board if CILT (Chartered Institute of Logistics and Transport) – UK and is an Honorary Visiting Fellow at Anglian Ruskin University. Singla has more than 25 years’ experience in the technology sector, and in global supply chain transformation, including deploying business transformation programmes for Fortune 500 firms. In his spare time, Singla is a passionate brand ambassador for Cancer Research.
Plunkett and Singla join a growing line-up of speakers, including: Sheri R. Hinish, IBM; Robert Copeland, G4S; Daniel Weise, BCG; Mark Bromley, Mastercard; David Loseby, Rolls Royce; and Ninian Wilson, Vodafone Procurement Company.