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Supply Chain Risk Management with Barry Conlon

The Logistics of Logistics

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Data-Driven Approaches in Supply Chain Management

This chapter explores the advantages of using data-driven methods in supply chain management, comparing traditional manual techniques with real-time data utilization to enhance operational efficiency and address challenges proactively. Emphasis is placed on establishing a 'single source of truth' through reliable data, leveraging IoT for accuracy, creating digital twins for planning, and ensuring seamless sensor implementation for enhanced visibility.

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