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

ThroughPut

billion in 2024. 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.

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ToolsGroup and Scarpe&Scarpe to Present at eP Summit, April 9-10, Florence, Italy

ToolsGroup

Pace first saw the value of the ToolsGroup solutions at the time when he was CEO of PittaRosso, another large Italian retailer of shoes, an experience which has eventually been published as a Harvard Business School case study. increase in sell-through, alongside improved inventory efficiency, contributing to a €4.2

Italy 156
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Pushing the Supply Chain Reset Button

The Logistics & Supply Chain Management Society

In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements? Focus on right-sizing inventories.

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Rivian: Navigating Supply Chain and Operational Challenges and Embracing Growth

SCMDOJO

This case study delves into Rivian’s journey, from its early struggles to its ambitious growth plans, highlighting the challenges faced, lessons learned, and the symbiotic relationship between Rivian and the town of Normal. Rivian aims to achieve a gross profit in 2024, a significant improvement from the $3.3

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The IoT Reality Check

C3 Solutions

We hear of solutions in R&D labs but we do not see the case studies of success stories implemented at scale. In a recent report, RSR Research claims that IoT for retailers is not at its heart about saving costs, although that is a side benefit of the inventory accuracy and information IoT delivers.

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How To Start Your Brewery On The Path To Success

Unleashed

billion by 2024, according to Business Wire. Case study 1: Epic Brewing Company. Case study 2: Zeffer Cider. Craft brewing is projected to be a US$107 billion industry by 2024. How many stock-outs, an event that caused inventory to be exhausted? Stock & Inventory Control. Customer service.

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Seasonal Inventory and 7 Ways to Manage It Effectively

ToolsGroup

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.