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Procise helps a logistics company to increase speed-to-market by 80 percent by digitizing its processes. By introducing a transport management system (TMS), a warehouse management system (WMS) and automating order processing, delivery times were significantly reduced and efficiency increased. These measures led to reduced operating costs, higher customer satisfaction and improved working conditions for employees.
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Excerpt: Strategies to Bridge Supply Chain Planning and Execution In the dynamic world of supply chain management, effectively bridging the gap between planning and execution is crucial for operational efficiency and agility. Integrated technology platforms, such as ERP systems and IoT devices, form the foundation by enabling real-time data sharing and communication across all supply chain functions. Promoting cross-functional collaboration ensures alignment and reduces silos, while agile planning methodologies like Sales and Operations Planning (S&OP) allow for quick adjustments to market fluctuations. Data-driven decision-making, powered by advanced analytics and artificial intelligence, enhances both planning accuracy and execution efficiency. Continuous improvement through feedback loops helps refine processes, and achieving end-to-end supply chain visibility with technologies like blockchain and RFID provides real-time insights into inventory and shipments. By implementing these strategies, supply chain professionals can create a synchronized and resilient supply chain, capable of responding swiftly to changing conditions and driving business success.
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Accenture generates 600 million dollars in Generative AI, while AI budgets will increase in 2024. Opportunities for start-ups lie in business solutions and services. Hugging Face and Llama set standards, OpenAI dominates. Important competencies: Innovation, excellence, customer focus. ChatGPT remains the versatile all-rounder.
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When dealing with ChatGPT, you should ask precise and clear questions and provide sufficient context. Patience is important if a question needs to be rephrased. Do not share personal or sensitive information and follow the usage guidelines. Check important facts and keep a critical eye. Provide feedback to improve answers and do not use ChatGPT for specialized advice. Understand the limitations of AI and recognize that ChatGPT has no human feelings or opinions, but is based on learned patterns.
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