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Colin heads up ARC’s research into Industrial AI. This analogy is not just a matter of abstract concepts; it is about real-world investments, strategic partnerships, and the tangible products being developed that are shaping the future of industrial AI. Collin Masson, Director of Research at ARC Advisory Group.
As the pressure mounts yearly for the chemicalindustry to become more sustainable, more companies are defining net-zero objectives and clear decarbonization plans. Major chemical companies have set clear plans to heavily reduce their carbon footprint by 2030 and reach net-zero by 2050.
Subscribe Circular Economy in Chemicals: Collaborative Supply Chain Solutions! You might think it’s magic, but it’s actually the hard work of chemical import and export companies working behind the scenes to keep global supply chains ticking. What Do Chemical Import and Export Companies Do?
Final Thought Quick and easy access to live and historical data is critical for supply chain practitioners, data analysts, stewards, and engineers in any industry. Third-Party Logistics (3PL) : In the 3PL sector, a data gateway can significantly enhance decision making by providing a unified and harmonized view of data.
Kendra is the VP of Global Transportation Management leading the managed transportation and brokerage divisions of Ryder System, Inc , a fortune 500 transportation and logistics company. Kendra is an accomplished and results-driven senior logistics & tech executive. NYSE: R) is a leading logistics and transportation company.
tariffs on imports from Canada, Mexico, and China is impacting global trade networks, affecting industries ranging from automotive and electronics to agriculture and energy. Fast-tracking partnerships with alternative logistics providers to bypass Chinese ports and avoid tariffed shipping routes. Today’s escalation of U.S.
However, the 5G protocol is slowly evolving to add more features for industrial applications. Like many other large industrial manufacturers, Covestro has been very interested in 5G as a key enabler of the Smart Factory. For industry, 5G is a developing technology. Pietro Valsecchi, Covestro’s Expert on 5G.
While the industrial sector is undergoing a transformation driven by AI and the Internet of Things (IoT), simultaneously the workforce is shifting as traditional domain experts are replaced with tech savvy workers who bring a new level of operational expertise. The Current State of Industrial AI in the Process Industries.
This July 2024, we published a report that tracks the progress that has been made in implementing the key features of Industrie 4.0, both in the process and discrete industries. Development, Implementation, and Vertical Integration of Flexible and Reconfigurable Manufacturing Systems The vision of Industrie 4.0
According to a survey by ARC Advisory Group, only 10% of industrial companies are ready to apply artificial intelligence/machine learning. The percentage of industrial companies broadly applying agentic AI and generative AI would be a small fraction of that number. ARC has been actively studying industrial AI for over two years.
Although the full text of the Agreement has not been released, the Indian industry has welcomed the development, even as concerns remain over potential impacts on agriculture and MSMEs. These measures have contributed to adjustments in cross-border trade flows and affected planning in industries reliant on bilateral supply chains.
And now on to this week’s logistics news. Ongoing attacks on vessels in the Red Sea by Yemen’s Houthis continue to disrupt shipping lanes in the chemicalindustry’s supply chain, according to Al Greenwood, chemicals expert and deputy editor at ICIS. It’s having an impact mainly in Europe and Asia.
The chemicalindustry faces a unique set of challenges regarding safety in their logistics operations. The transportation of chemicals requires next-level care and expertise as it deals with sensitive and potentially dangerous materials. Errors in shipping chemicals that are hazardous can have serious consequences.
Final Thought Quick and easy access to live and historical data is critical for supply chain practitioners, data analysts, stewards, and engineers in any industry. Third-Party Logistics (3PL) : In the 3PL sector, a data gateway can significantly enhance decision making by providing a unified and harmonized view of data.
Every major industry now faces a unique supply chain challenge. Luiz Solia, Vice President, Industry Principal Chemicals: Can supply chains continue to deliver maximum scale while preserving margins? to “Can we trust any trade rule will hold?” Automotive: Can JIT manufacturing survive legal disruptions to tariff policy?
Over the past three decades, three technological shifts have transformed the fashion industry. As of 2023, the fashion industry produced a staggering 97 million tons of waste annually, including 18 million tons of leftover textiles, 2.5 million tons of chemical waste, and 3 million tons of packaging materials.
The authorities need to carry out special chemical tests to prove they are illegal drugs, according to the report by protection and indemnity club West’s correspondent in the country. And now on to this week’s logistics news. Alibaba has officially introduced its Logistics Marketplace, providing U.S.
Although the full text of the Agreement has not been released, the Indian industry has welcomed the development, even as concerns remain over potential impacts on agriculture and MSMEs. The post India and the UK ink a Historic Free Trade Agreement appeared first on Logistics Viewpoints.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. Ready to Transform Your Freight Operations?
The GCC chemicalindustry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemicalindustry accounts for 3.1 percent of the GCC’s GDP. The answer – supply chain integration.
And now on this week’s logistics news. The dairy industry says USTR should be ready to continue with additional actions to hold Canada accountable to its USMCA obligations if the consultations fail. Robots are continuing to become key components in the logistics space. US challenges Canada’s dairy policies. Senator Edward J.
Jake Hoffman and Joe Lynch discuss the Gnosis Freight Container Lifecycle Management® Platform and how Gnosis streamlines international logistics. We then speak with Jake Hoffman, CTO of Gnosis Freight, a logistics tech company focused on the lifecycle of a shipping container as it moves around the world.
Logistics equipment plays a vital role in the efficient operation of warehouses and distribution centers. This guide explores a range of logistics equipment, from storage solutions and transportation tools to facility equipment, packing solutions, technology systems, and safety gear. They can handle loads ranging from 1.5
In an era of increasing environmental consciousness, the automotive industry is undergoing a transformative shift towards more sustainable practices. Infrastructure Needs : Effective remanufacturing and recycling require specialized facilities and logistics networks.
The exhibit featured a number of companies that are creatively utilizing sustainable manufacturing of textiles and building materials to reduce emissions and promote a circular fashion industry. These yarns allow designers and manufacturers to promote a circular fashion industry while lowering their carbon footprint.
The Green Corridor – Logistics’ Role In Preventing The Next Pandemic. What does the transportation industry have to do with a global pandemic? The United for Wildlife’s Transport Task Force includes 121 logistics company signators; while the Financial Task Force has 44 financial institution members.
I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logistics predictions. So, here is my invented future for 2015, starting with my most audacious prediction: Google will acquire a logistics service provider (3PL) and/or a logistics software vendor. The Google TMS?
And now on to this week’s logistics news. As a first of its kind agreement in the US, FedEx Express will develop plans to test Elroy Air’s Chaparral autonomous air cargo system within the company’s middle-mile logistics operations, moving shipments between sortation locations. Amazon workers in Staten Island vote to unionize.
In light of the global pandemic, resiliency and business continuity come to the fore for the C-suite across many businesses and industries. Corporations across industry verticals are looking to diversify sources of supply beyond China. The automotive industry is increasingly coalescing towards a regional hub and spoke model.
And now on to this week’s logistics news. The high stock levels are the result of retailers, wholesalers and manufacturers stockpiling everything from beer to DIY tools, chemicals and clothes as COVID-19 lockdowns snarled supply chains and shut factories. Active’ jobs denote positions open for application. That’s all for this week.
is a global chemical company that makes performance chemicals used by the oil refinery, agricultural, automotive, energy, and consumer electronics industries. the manufacturer’s logistics operation includes 63 global warehouses and 47 contract manufacturing locations. Based in Wilmington, Del., Based in Wilmington, Del.,
That is because it is expected that industries will be constantly improving on how to make more products using less energy. Digitizing logistics technology is innovating fast. After spending years at large MNC 3PLs, he wanted to get behind some tech that would innovate the industry. Mixmove provided that for him.
However, such pivots will take several years and will be extremely capital intensive in some industries such as semiconductors or pharmaceuticals. As demand for last mile logistics intensifies, warehouses become the prime candidates for automation. He received his Ph.D. He received his Ph.D.
Andy is the Founder and CEO of Bahr Transportation , a FTL brokerage, focused primarily on serving the food & beverage industry, in the USA & Canada. Andy Bahr is the Founder and President of Bahr Transportation , a FTL brokerage focused primarily on serving the food & beverage industry, in refrigerated freight.
Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. Ready to Transform Your Freight Operations?
The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. We can no longer assume that government policy is rational, variability is low or logistics are available. I am the most worried about the chemical sector. Reflection.
We take pride at Cerasis, as a third party logistics company who has developed a proprietary web-based transportation management system , to offer technology solutions to our shippers so they may remain as efficient as possible and have access to information at their fingertips. History of EDI and EDI In Transportation and Logistics.
His expertise is in general management, sales, marketing, supply chain economics, logistics, startup/turnaround initiatives, and partnership management. DHL ensures that pharmaceutical, medical devices, and clinical trials logistics and supply chains are treated with care. Tusk save Shippers 40% or more on small parcel shipping.
For transportation and logistics – the revolution to decarbonize is likewise well underway. As a sustainable logistics consultant I’m often reading up on how technology is evolving in the energy sector. What is left for the research team and their partners is to move the tech up to industrial scale storage prototypes.
While logistics and manufacturing have grown exponentially, problems have become more complicated. Regardless of where you sit to view the logisticsindustry, problems are becoming more evident. Regardless of where you sit to view the logisticsindustry, problems are becoming more evident.
With more than 20 years in the supply chain industry, Dr. Durbha has broad experience in strategy & process consulting, supply chain software, program management, software application development & deployment, machine learning and data science. The post 5 Supply Chain Predictions for 2023 appeared first on Logistics Viewpoints.
Kendra is the VP of Global Transportation Management leading the managed transportation and brokerage divisions of Ryder System, Inc , a Fortune 500 Transportation and Logistics company. Kendra is an accomplished and results-driven senior logistics & tech executive. and develop software for real-time data and optimization.
Such sourcing events can be in the context of direct materials or logistics capacity. Madhav Durbha is the Group Vice President of Industry Strategy at LLamasoft, a Coupa Company , where his team helps customers and prospects solve various supply chain challenges. He received his Ph.D.
Krenar is the CEO and founder of Tive , a leading provider of real-time supply chain visibility insights that help logistics professionals actively manage their in-transit shipments’ location and condition. Krenar Komoni has developed breakthrough ideas in data analytics, logistics, and electronics design for nearly 20 years.
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