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The top 10 ways to improve your supply chain strategy

10 advanced techniques to improve your supply chain strategy

By Marvo

A robust supply chain strategy is crucial in today’s interconnected and rapidly evolving global economy. Problems that businesses face include shifting consumer preferences, interruptions in supply, and an increasing focus on sustainability. This article delves into ten cutting-edge methods, in order to keep supply chain tactics robust, efficient, and competitive.

7 min read November 22, 2024
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Technology is advancing rapidly, transforming industry in unprecedented ways. Professionals need a place for concise analysis and valuable resources. That’s The Smart Part.

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The best uses of artificial intelligence to reduce industrial downtime

Companies that are drastically reducing industrial downtime

Marvo

In the realm of industrial automation, downtime is a major challenge. This has the potential to result in large losses in both revenue and productivity. However, with the integration of Artificial Intelligence (AI) into industrial processes, several companies have successfully reduced industrial downtime. They are now reaping the benefits of enhanced efficiency and cost savings.

3 min read April 12, 2024
Are you using artificial intelligence in your obsolescence management strategy?

Obsolescence management: Forecasting the handling of obsolete parts

Marvo

In the ever-evolving landscape of industrial automation, one of the most pressing challenges is obsolescence management for machinery parts. As technology rapidly advances, keeping pace with the latest advancements while efficiently handling outdated parts becomes crucial. Here, we’ll explore how Artificial Intelligence (AI) is transforming the approach to forecasting obsolescence. Also covered will be the ways AI can plan for component replacement and repair.

3 min read April 4, 2024
Is artificial intelligence a trend or is AI-driven supply chain management here to stay?

Hidden trends in AI-driven supply chain management

Marvo

The integration of Artificial Intelligence (AI) in supply chain management has become increasingly prominent. It offers visible benefits such as improved efficiency and reduced operational costs. However, there are less obvious but equally notable trends shaping the future of AI-driven supply chain management. Here, we’ll delve into these hidden trends, focusing on emerging applications and subtle shifts in AI adoption. Additionally, we take into account how they might provide businesses with a competitive edge.

4 min read March 18, 2024
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