SAP Introduces Machine Learning and Predictive Analytics to Cloud-Based Integrated Business Planning Suite

WALLDORF  — SAP SE (NYSE: SAP) announced increased automation capabilities for SAP Integrated Business Planning, its cloud-based solution for sales and operations planning, demand sensing and forecasting, inventory and supply optimization, and exception-driven response management. The introduction of machine learning intelligence is part of a series of new enhancements that also include more accurate omnichannel replenishment and product…

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Chip Sales Jump 14% in January

SAN FRANCISCO—January chip sales showed the largest year-to-year increase in more than six years as the semiconductor industry continued a run that started in the second half of last year and drove the industry to surprising growth in 2016. Chip sales for January totaled about $30.43 billion, 13.9 percent higher than January 2016, according to…

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AmazonBusiness Adds Price, Volume & API Features

AmazonBusiness did not set out to disrupt the electronics supply chain. But that’s exactly what it did. The most visible indicator of this disruption was highlighted last week at the ERA Executive Conference in Austin, TX, where AmazonBusiness was a featured speaker. An electronic component manufacturer found its devices were selling on AmazonBusiness for below…

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Avnet, Arrow Drive into IoT

SAN JOSE, Calif. — The industry’s two largest distributors are gearing up initiatives for the Internet of Things. Targeting somewhat different kinds of customers, they face similar challenges and paint a picture of the diversity and rapid evolution of IoT. The $26.2 billion Avnet Inc. generally pursues an emerging class of makers and IoT hardware…

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