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The Promise and Peril of Generative AI for Supply Chains

Logistics Viewpoints

For knowledge management, imagine generative AI primed to intelligently search all of a company’s internal documentation to solve all kinds of problems from “how did we do this before” to “how do I do this now.” Perhaps the most useful way to think of generative AI is as the future of how we interface with computers.

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This Week in Logistics News (June 25 – July 1)

Logistics Viewpoints

Retail’s inventory glut means big business for liquidators. Cardinal Health started air delivery of pharmaceutical products and medical supplies via Zipline drone in North Carolina. While some companies are suffering losses from excess inventory, others are making huge profits from it. a unit of Berkshire Hathaway Inc.

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Why 3PL outsourcing for warehousing operations makes sense

Kanban Logistics

This can lead to reduced order fulfillment times, improved accuracy, and lower inventory costs. For example, 3PL providers are typically insured against damage or loss of inventory. Continuous improvement For most companies, it is important that their 3PL partner has a documented continuous improvement program (CIP) in place.

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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

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Top 10 Supply Chain Innovations of 2018

Material Handling & Logistics

Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. Customs and Border Protection (CBP) has implemented a new process to allow shippers to submit original vehicle export documentation electronically in lieu of delivering physical copies to their local CBP trade office.

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Getting Started with AI in Supply Chain

Logistics Viewpoints

Instead of searching for and reading multiple help documents, the planner can simply ask for help in natural language and receive an answer that is a single, synthesized explanation of those sources in Portuguese (even if the documentation is in English).

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Logistics Warehousing in the Pharmaceutical Supply Chain

Kanban Logistics

It also enables the 3PL to perform inventory management protocols like FIFO (first in first out; the oldest lots of items will be distributed first) and FEFO (first expired first out; the products closest to their expiration dates will be distributed first). Items that have common characteristics important to the manufacturer (e.g.,