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Spend Matters Future 5 2024 – Introducing COVALYZE

Spend Matters

The next step in our plan is an even higher automation in data interpretation and visualization. More than just target price calculation, we want to automate the steps after a data set is uploaded, all the steps in analyzing what we call develop or demand management. What is the road ahead for COVALYZE?

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Networks unchained: the shift toward intent-based autonomous operations

IBM Supply Chain Blog

To succeed in the modern era, CSPs need versatile teams, including data scientists for data interpretation and operations, software developers for automation through vendor application programming interfaces (API) and service assurance engineers for designing closed loops to ensure service reliability.

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Real-time artificial intelligence and event processing  

IBM Supply Chain Blog

Unstructured data interpretation: Unstructured data can often contain untapped insights. AI excels at making sense of plain, natural language and interpreting other kinds of unstructured data that are contained within your incoming events.

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How MTSS Platforms Can Prepare the Next Generation of Supply Chain Professionals

SCMDOJO

For example, after completing a module on supply chain analytics, a student might receive detailed feedback on their data interpretation and decision-making processes. This iterative process of evaluation and refinement encourages a growth mindset, where students are motivated to continuously enhance their skills and knowledge.

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391: Gain Supreme Power Over Your Supply Chain, With SDI

Let's Talk Supply Chain

In our workforce, more and more people are being asked to work with large amounts of data, interpret it, and act upon it – but they’re not necessarily trained to.” 25.38] Why the ZEUS Supply Chain Analytics Guidebook is for all supply chainers, not just data analysts.

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Unleashing the Power of Spend Analysis in Procurement

Empowering CPO

Data Normalization: Data normalization involves adjusting data values to a common scale or format. This enables fair comparisons and accurate analysis by accounting for variations in units of measurement, currencies, or other factors that may impact data interpretation.

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How Does an RFID Asset Tracking System Operate?

Finale Inventory

Data Interpretation: The RFID reader sends the collected data to backend software, which processes and interprets the information, including asset location, maintenance history, and other relevant details. Scanning Assets: Use RFID readers to scan the tagged assets.