Congratulations to Schneider Electric, winner of the 2022 Supply Chain Award for Process or Technology Innovation.
Schneider deployed a “self-healing” supply chain platform that saved 100+ million EUR. The platform is driven by adaptive machine learning (ML) to optimize performance-related parameters, such as safety stock quantity, minimum order quantities and lead times on a real-time basis.
Fill out the download form to read Schneider’s best practice:
- Overcome inaccurate lead times, high non-quality costs and low factory yield.
- Integrate data lake, AI/deep learning, robotics and other digital tech.
- Drive sustainability, customer satisfaction, productivity and other key business outcomes.
What’s your Process or Technology Innovation? The submission window for the 2023 program is open now through November 18. Learn how to submit your entry.