Logistics Viewpoints
MARCH 3, 2025
Instead of relying solely on a single, monolithic AI model (based on a massive large language model), a company can orchestrate a team of specialized agents, each leveraging the best AI or mathematical technique for its specific task. We needed to model the data in a way that we can do simple searching. Al Syed elaborated.
ToolsGroup
AUGUST 1, 2022
Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 83% of consumers with a household income of over $100,000 report that returns are important.
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Logistics Viewpoints
FEBRUARY 2, 2024
Teradyne, which reports earnings on Tuesday, warned investors in its 2022 annual report about the potential impact of the October regulations, and in October 2023 said the restrictions hit both Teradyne’s sales to certain companies in China and its manufacturing and development operations. Retailers estimate 13.7
GlobalTranz
SEPTEMBER 22, 2016
The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. So, why do supply chain managers not take advantage of this data with respect to procurement?
Logistics Viewpoints
MARCH 20, 2023
In January of 2022, Dallas-based o9 Solutions was valued at $2.7 This January the company reported that its annual recurring revenue grew at over 84% year-over-year. Meanwhile decisions like how much production capacity needs to be added, or what raw materials need to be purchased, don’t change on a daily basis.
Talking Logistics
AUGUST 23, 2013
I went to Home Depot earlier this week to return a purchase, and the customer in front of me wanted to exchange a defective power tool with the same model, but he couldn’t find any on the shelf even though the store’s inventory system said 5 units were in stock. However, not all insights and intelligence reside in a database.
SCM Research
JUNE 29, 2019
Claviate Analytics have recently published their newest InCites Journal Citation Reports. and Journal of Purchasing & Supply Management (3.089; ?0.6). Two journals have an impact factor larger than 7: Journal of Operations Managemen t (7.776; +2.9) and Journal of Supply Chain Management (7.125; +1.0).
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