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AI in the Food Industry: Case Studies, Challenges & Future Trends

ThroughPut

As per a recent study, AI can help reduce production costs by almost 20% in the agriculture sector! Detection of nutritional constituents and allergens in food, optimizing routes and schedules of food delivery, and inventory management are some of the other ways AI is helping the food production industry. billion in 2024.

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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth?

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Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

My first focus was on China sourcing. No doubt about it, we are characters in a supply chain case study searching to define a new normal. Today, we find ourselves in the middle of a risk management case study. Time to Know. Time to Act. For me, it is a heightened respect for time. The reason?

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A Case Study in Reverse Logistics Optimization!

Supply Chain Game Changer

The application of advanced forecasting and planning methodologies improve inventory management in a critical, high-volume repair business, dramatically reducing costs and fulfillment cycles while improving customer satisfaction. Difficulties forecasting demand in a high-volume repair environment caused inventory costs to skyrocket.

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources.

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The Franke Story: Three Points to Learn about Supply Chain Complexity

ToolsGroup

According to Inbound Logistics , there are three main sources of supply chain complexity: meeting the needs of customers, globalization, and internal pressures. Point to remember #1: Average forecasting just isn’t good enough for today’s complex supply chains. . Franke was facing all three. million SKU-Markets). million SKU-Markets).

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Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

GlobalTranz

Otherwise known as a distributed ledger, the automatic recording of data into the blockchain allows for cryptocurrencies such as Ethereum or Bitcoin to serve as way more than just a store of value. Supply chains are messy. Blockchain in Supply Chain Can Help. A manufacturer in China doesn’t read the specs on an order. Download white paper.