Product development insights: AI-based Supply Chain Risk Indicator In the complex world of supply chain management, unexpected challenges can often arise, leading to costly delays and logistical nightmares. To provide insights into this complex world, Tradecloud will focus on AI tools for Risk analysis & Purchase automation, as mentioned in the previous blog post. [...]
As described in our previous blog posts, the potential of AI is enormous. To fully harness the potential of AI, it is crucial that the right algorithm is applied to the right use case, based on the right data. For this reason, we started our AI journey by looking at the most limiting factor; [...]
Interview with Tonnis de Boer (CEO Tradecloud) about AI in supply chain management How has Tradecloud used artificial intelligence to optimize the supply chain process? Tonnis de Boer: We have integrated AI algorithms into our platform to help automate certain tasks and provide more accurate risk prediction. This helps our [...]
Artificial intelligence (AI) is a rapidly growing field with many potential applications across a wide range of industries and domains. In the world of supply chain management, AI has the potential to revolutionize the way that businesses source, produce, and distribute goods and services. Here are five ways in which AI can be applied in [...]
The Business Problem In this business case, AI workflow automation will be exemplified using the example of a TradeCloud client. The client is a manufacturer of machines for the sorting of eggs and is based in the Netherlands. The company has more than 200 suppliers for its components, which means putting a lot [...]
The Business Problem The manufacturing process of memory chips involves around 1,500 steps that need to be performed in sterile conditions to avoid specks of dust from damaging the wafers. However, damages occur nonetheless. The quality issues that arise, scratches, holes etc., are often microscopic and near-invisible to the human eye! The manufacturing [...]
The Business Problem In the world of logistics, empty fleet management cannot be overlooked. For container shipping, the Boston Consulting Group estimates that up to 8% of a shipping line's operating costs relate to the repositioning of empty containers - without the associated costs of empty container storage and maintenance (BCG, 2015). The [...]
The Business Problem A major challenge for manufacturing companies is to know what, when, where and how much stock should be ordered and kept. SME’s traditionally calculate this manually using Excel, Google Sheets or other software solutions. These solutions can be automated to an extent and are fairly adequate in most cases. However, [...]
The Business Problem One of the biggest challenges for business executives today is demand volatility in relation to demand forecasting. Whereas data availability continues to increase, customer purchase patterns are becoming increasingly complex, and therefore harder to detect or predict (Symphony Retail, n.d.). There are too many factors influencing demand, ranging from weather fluctuations [...]
AI & Machine Learning Since the release of ChatGPT in Nov 2022, we jumped out from our “AI Winter”. This AI hype is bringing us dozens of new tools that make it easier to generate content and automate “dumb” work. At the same time, legislators scramble to regulate AI to keep its consumers [...]
