AI is emerging as a powerful tool for businesses to reduce waste in their supply chains. It can help optimize processes, predict demand more accurately, minimize waste and improve efficiency.
Implementing a mature ESG supply chain program has been proven to unlock a multitude of benefits, from reducing costs and improving brand image to increasing resilience and ensuring supply continuity.
Financial losses from a cyberattack in the logistics industry include possible legal liabilities, disrupted operations, revenue loss and regulatory fines, but the costs don't stop there.
While some retail supply chain leaders may initially feel hesitant about investing in achieving RAIN-tagging compliance, doing so can deliver significant upside potential.
Risk-management initiatives are so important that the C-suite must reassess and rebuild agile, resilient supply chains, says Lisa Morales-Hellebo, founder and managing general partner of Refashiond Ventures.
Technology, including AI, offers help with almost all challenges in today's supply chains. But it's important to separate hype from reality, says Amin Sikander, president of Synkrato.
Samuel Parker, director of shipper segment with DAT, describes the company's iQ platform, which hosts the new and improved DAT iQ Benchmark, an AI-powered business tool for shippers.
What started as a shared frustration at the lack of tracking information on general cargo shipments resulted in a much-needed advancement in tracking technology and shipping analytics.
The latest news, analysis, trends and solutions for big data, blockchain and the internet of things (IoT) and their impact on supply chain management. Big data describes the large volume of data that inundates a business on a day-to-day basis and can be analyzed for strategic business insights. IoT is the means that collects and sends data from a range of “things” — anything from watches to fridges to cars — that are connected to the internet with sensors or computer chips. Learn how companies around the world are using big data, blockchain and IoT for supply chain optimization and competitive advantage.
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