The value of predictive analytics allows companies to view the history of a seasonal product’s raw materials, for example, and predict how procurement needs to source the upcoming season’s inventory. Procurement gets a win for reducing costs, but the company doesn’t necessarily benefit if the product has overall lower margins
At a recent industry conference event, frenemy vendors of Supply Chain solutions lamented how the ongoing battle against the Giants (usually SAP) is real. Many of these vendors started their ventures based on first-hand frustrations. They repeatedly watched multi-million-dollar IT projects fail to deliver, following years of implementation, only to
