Remove Biotech Remove Procurement Analytics Remove Sourcing
article thumbnail

Identifying the Source of Products Through Chemical ‘Fingerprinting’

Supply Chain Brain

Bowman, SupplyChainBrain The science of forensic chemistry, familiar to millions of viewers of crime dramas on TV and film, is playing a key role today in tracing the source of products all the way back to their origin. Ethical sourcing science can be applied in so many different ways,” she adds.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

article thumbnail

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.

article thumbnail

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.

article thumbnail

Survey: Consumers Are Reviewing Food Labels More Closely as Grocery Prices Rise

Supply Chain Brain

adults expect to pay more for food this summer compared to last summer due to inflation, and nearly half (47%) expect to pay the same, suggesting 80% report feeling no relief from high grocery prices. consumers, conducted for QR code company, GS1 US , found that 33% of U.S. The survey, released June 23, also found that U.S.

article thumbnail

How AI Is Turning Inventory Data Into a Strategic Advantage

Supply Chain Brain

This delay creates a dangerous blind spot for operators — higher landed costs, longer lead times and shifting sourcing patterns will start to accumulate in warehouses over the next two to 12 months. Inventory is capital sitting on the floor. A WMS is only as good as the data you feed it.