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ToolsGroup Acquires Evo for Industry Leading Responsive AI

ToolsGroup

In August 2023, ToolsGroup was listed among the Gartner® Magic Quadrant™ for Supply Chain Planning Solutions (Midmarket Context). ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty.

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Supply Chains and the Chinese Economy

Enterra Insights

in the second quarter [2023] compared with a year earlier. ”[2] Posen traces the origins of China’s weakening economy back to 2015, when the government began to tighten its control over the economy. However, the pandemic highlighted the danger of relying too heavily on China’s manufacturing sector.

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Circular Economy and Information Sharing – The Role of Logistics

The Logistics & Supply Chain Management Society

The Circular Economy aims to change the way products are manufactured and used. Presently, raw materials are mined or farmed and subsequently manufactured into products. of globally extracted and used materials are cycled back into the economy (Circle Economy 2023).

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Performance in Electric Vehicle Production- BMW

Supply Chain Matters

The approach is one of flexible manufacturing, practiced by other global manufacturers including Toyota Motor. What impressed us was that the auto maker reportedly sold 376,000 EV ’s in 2023, a 75 percent increase from the previous year. million vehicles in 2023. As a comparison, Tesla sold 1.8

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Manufacturing Day 2023

Enterra Insights

One of the clearest lessons learned during the pandemic was the importance of domestic manufacturing. As global supply chains snarled and essential products became hard to find, many domestic manufacturers pivoted to make up shortages. The importance of manufacturing has often been overlooked as the U.S.

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When Old Technology is Cutting Edge: The One-Year Anniversary of ChatGPT and the Benefits of AI in the Supply Chain Industry

Enterra Insights

ChatGPT Turns One This month, ChatGPT (Chat Generative Pre-Trained Transformer) turns one on November 30 th , 2023. Microsoft invested over $10 billion in the company in 2023 and Bain has forged a partnership with OpenAI. It’s a noteworthy date for the AI chatbot. What is a Supply Chain and How Does AI Affect it?

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

Supply Chain Matters provides a further global supply chain assessment in the highlighting and added insights on reported October 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. it’s lowest level for three months.