Integrating AI and ML, particularly generative AI and LLMs, into supply chain operations is no longer a choice but a necessity for businesses to remain competitive in the future.
Tealbook founder Stephany LaPierre explains why a ‘data brain’ is needed to collect and analyze the necessary data for efficient procurement operations.
Wednesday, June 19, 2024 · Richard A. Elmquist and Luis Dávila
The preservation of food characteristics and quality within a temperature-controlled environment presents a complex challenge in the food supply chain. Developing a dynamic S&OP process is one way to address this.
Commerce reported that May retail sales, at $703.1 billion, were up 0.1% compared to April and up 2.3% annually. And total retail sales, from March through May, rose 2.9% compared to the same period a year ago. NRF reported that May’s core retail sales, which it bases on…
The influential 35th annual State of Logistics Report shows how logisticians are adapting to “permanent volatility” in their supply chains as they ride out the wave of uncertainty.
AI is a piece of software that is not just one thing: it is a technology tool to do a job. Selecting the right software, and at the right point of the business process, is the key to getting software projects done and done correctly.
May imports, at 2.70 million TEU (Twenty-Foot Equivalent Units), rose 11% annually, following April’s 8% annual gain, with growth intact for the ninth consecutive month, following a 14-month stretch of annual declines. Total first quarter imports were up 11% annually.
Using AI, Dell has created a tool that allows deaf or hard-of-hearing employees to engage with company services without the need for a sign language interpreter.
Wednesday, June 12, 2024 · Bishwajit Kumar and Pablo Barros Gomez
Implementing a procurement control tower provides advanced insights to the sponsor company, bringing end-to-end visibility, enhanced exception management, improved decision-making, improved risk management, cost savings, and more, an MIT CTL capstone research project found.
Supply Chain Management Review is offering this listing of available supply chain certification programs for professionals seeking to continue their education.
Changing customer demands are putting more pressure on supply chains. In response, more companies are putting the customer at the center of supply chain design.
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