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AI-Tuned Pricing and Inventory Strategies are the Way Forward for Retailers

Supply Chain Brain

Now, retailers can simulate “what-if” scenarios that reveal how different hypothetical tariff-driven cost increases could impact shoppers’ willingness to purchase upcoming SKUs at various price points, and which products’ margins will suffer most as costs fluctuate. He adds that it’s no wonder that only 15% of U.K.

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Selling Into the EU? Time to Start Preparing for the Digital Product Passport

Supply Chain Brain

Bowman, SupplyChainBrain The European Union is on the verge of rolling out a reporting regulation that promises to have a huge impact on businesses selling into the region. The DPP “represents a significant advance in product transparency and sustainability,” according to an EU report published in September of 2024. “As

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Identifying the Source of Products Through Chemical ‘Fingerprinting’

Supply Chain Brain

Jones says consumers are indeed becoming more aware of product origin today, even if the information provided to them at point of purchase remains extremely limited. Made in China” is as far as most apparel manufacturers are willing to go in labeling right now.) And is that changing? NEXT: Can China get around cotton origin testing?

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AI-Powered Supply Chains: Building Resilience in a Complicated World

Supply Chain Brain

The large language models that make up search engines will no longer need keyword searches, instead delivering well-articulated answers by using the semantic context of a query. For example, a dispatcher is responsible for purchasing components for pre-production and stocking of two new products.

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Sweating Your Assets With ASRS

Supply Chain Brain

Board execs are strained by the conversation around, ‘How do we purchase more, get a bigger footprint?’ Build Up, Not Out Expanding your footprint isn’t just expensive — it’s disruptive. Real estate is at an absolute premium today,” Senn says.

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Using AI Collaboration to Empower the Supply Chain Workforce

Supply Chain Brain

According to our 2024 report, Generative AI in the B2B Marketplace , 81% of B2B businesses are already investing in AI, with 79% anticipating increasing their AI budgets within the next year. Sometimes The B2B buyer report revealed that 65% of buyers found AI-powered chatbots to be moderately or extremely helpful when it came to purchases.

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Understanding the Bullwhip Effect: Causes, Examples, and Strategies for Prevention

RFgen

RFgens inventory management solutionssuch as real-time data collection, automated workflows, and barcode scanninghelp businesses reduce forecasting errors, improve order accuracy to 99.99%, and reduce carrying costs by 3%-5% by preventing excess inventory buildup. Both can contribute to supply chain instability.