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The Machine Learning Trap or How to Tell if You’ve Got the Right Waiter

The Logistics & Supply Chain Management Society

A friend recently told me a fitting example of this: A few years ago, he worked for an AI startup that was invited by a large pharmaceutical company to give a board presentation. He has a strong interest in the topics of Artificial Intelligence, Supply Chain Planning and Inventory Management. The way is not the goal.

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3 Reasons Why the Pharma Supply Chain is Ripe for Digital Transformation

Aera Technology

3 Reasons Why the Pharma Supply Chain is Ripe for Digital Transformation Digital transformation is a harbinger of active and integral business growth By Kaushal Dave The global pharmaceutical market has long passed the $1 trillion mark and is projected to grow at 6.3 percent CAGR through 2022.

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This Week in Logistics News (August 6 – 12)

Logistics Viewpoints

In a recent report, IEA indicated that global battery and mineral supply chains need to expand ten-fold to meet projected critical minerals needs by 2030. Japan farm exports in 2022 1st half hit record high as more dine out. The value of Japan’s agricultural and seafood exports in the first six months of 2022 expanded 13.1

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10 Ways IoT Can Improve Supply Chains

IQMS

The majority of enterprises are prioritizing their blockchain pilots that concentrate on supply chains improvements (53%) and the Internet of Things (51%) according to Deloitte’s latest blockchain survey. The Supply Chain Management enterprise software market is growing from $12.2B in 2022, achieving a 10.7%

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What You Need To Know About The State Of The Retail Worker Shortage

ToolsGroup

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” in 2022, with Finance Minister Bruno Le Maire calling the shortage the country’s “second biggest emergency.”.

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Medical Device Manufacturing in 2021 – The 3 Key Challenges

Unleashed

per year in the US, from IbisWorld again), depends partly on global conditions – vaccine rollouts, and supply chain stability, for example. Historically regulation of medical devices has lagged the more tightly controlled pharmaceuticals industry. decline in US market size expected for 2020, according to IbisWorld data.

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Jumpstarting Your Journey Toward Digital Transformation in MRO for Manufacturers

RFgen

94% of companies view MRO as an important part of their overall operations, according to a 2018 survey by Peerless Research Group (PRG). There are maintenance technicians to direct, labor to allocate, assets to keep track of, spare parts inventory to worry about and supplier networks to maintain. Technology may be changing that.