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

Supply Chain Brain

By harnessing the growing power of AI to not only sense demand at a very fine-grain, real-time level, but also to govern decisions about pricing and inventory. In terms of inventory strategy, First Insight assigns each SKU a unique “Value Score” based on a range of factors, including pricing, likeability and consumers’ likelihood of purchase.

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How Do Companies Manage Their Freight?

Supply Chain Game Changer

In this article, we’ll take a look at the main methods companies manage their freight and trucking operations. Route planning and optimization One of the main aspects of cargo transportation management is route planning and optimization. It can be a car, truck, train, boat or plane.

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What’s Holding Back Customer-Centric Air Cargo?

Freightos

What’s Holding Back Customer-Centric Air Cargo? . As the cream of air cargo’s innovators held turns on the floor, this question came up time and again. The industry’s mindset is holding customer-centric air cargo back. That was my big take from Elevate , presented by Air Cargo World earlier this month.

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Editor’s Choice: Fortifying Warehouse and Distribution Centers Against Cyberattacks

Logistics Viewpoints

This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at fortifying warehouse and distribution centers against cybersecurity attacks. In another case, CMA CGM, one of the global leaders in cargo shipping, ultimately disabled its entire core IT systems in response to a cyberattack.

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How Shipping Containers Revolutionized the Supply Chain Industry!

Supply Chain Game Changer

A trucking entrepreneur, Malcolm McLean recognized the inefficiencies of traditional cargo handling methods and saw an opportunity for innovation. By standardizing container sizes, typically 20 or 40 feet in length, he introduced a level of uniformity that revolutionized cargo handling. Cover image by Alex Bennett from Pixabay.

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Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster?

Kinaxis

of east coast and Gulf of Mexico imports in September, according to an article from the Business Information Industry Association. Starting with Miami, this port primarily handles containerized cargo with small amounts of breakbulk, vehicles and industrial equipment. Up to date inventory status. These ports accounted for 18.3%

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This Week in Logistics News (January 14 – 20)

Logistics Viewpoints

I will cover this in an article next week. This new system of inventory management will go into effect on March 1, and will replace weekly restock limits that Amazon used for calculating FBA storage. Directors at Amazon agencies and accelerators said that these new changes will help sellers forecast inventory better.