Wednesday, January 22, 2025 · Massachusetts Institute of Technology
By leveraging a data-driven approach and machine learning algorithms, an oil & gas company was able to more accurately predict semiconductor availability, reducing safety stock inventory and more effectively predicting lead-time forecasting.
Labor shortages and rising e-commerce demand will continue to drive automation investment over the long term even as mobile robot growth slows in the near term, says research from Interact Analysis.
The 2025 State of Procurement Report by Amazon Business demonstrates how procurement can help innovation, resilience, and sustainability, even as just 46% of leaders believe procurement is included in top-level discussions.
This year’s Supply Chain Outlook Virtual Summit gives attendees the strategies, technologies, and automation tools required for ongoing success in modern logistics, transportation, and supply chain management environments.
Wednesday, January 8, 2025 · Massachusetts Institute of Technology
A pick-to-zero strategy is an order-picking method where shipments are received, put away, picked, and shipped out on the same day. When adding in network design changes, the benefits result in increased product freshness and lower daily shipment costs.
The December Services PMI, at 54.1 (a reading of 50 or higher signals growth) rose 2.0% over November’s 52.1 reading, growing, at a faster rate, for the sixth consecutive month, and for the 52nd time in the last 55 months, going back to the initial recovery from the…
Raw material shortage issues differ across manufacturing industries and while they have eased in some sectors, they remain elevated above pre-COVID levels for a number of sectors.
The report’s benchmark reading, the PMI, at 49.3 (a reading of 50 or higher indicates growth), rose 0.9% over November, with the PMI contracting for the ninth consecutive month and the 25th time in the last 26 months.
A new year brings the same concerns for procurement teams. Managing through disruption continues to be a top challenge requiring new partnerships and improved resiliency.
Gartner has identified Agentic reasoning, multimodality and AI agents as three AI advancements that will shape the future procurement, and the steps organizations should take to benefit from these advancements.
Exotec’s Andy Williams says that automation and robotics should rebound in 2025 as verticals such as CPG and automotive ramp up their warehouse technology investments.
Procurement professionals are still concerned about disruptions, with 42% citing things like disasters and transportation issues among their top worries in a recent Gartner survey.
Supply chains are evolving rapidly in 2025 as businesses prioritize resilience, sustainability, and AI-driven innovation to navigate ongoing global disruptions and customer demands. Diversification of sourcing, AI adoption for predictive insights, and the integration of…
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