Leveraging data for autonomous procurement
Information is the cornerstone of any system’s improvement. A data-driven procurement approach is centered around this principle, utilising big data and analytics to enhance processes at every stage of the supply chain. Various technologies contribute to this effort, including interconnected IoT sensors and warehouse robots. For instance, a data-driven warehouse employs actual performance data to determine the optimal way to integrate a robot into its operations. Such data-driven solutions are precisely what the supply chain requires in today’s world.