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The grocery landscape has changed enormously from the days of the general store, when a clerk behind a counter would fetch goods for customers from scantily stocked shelves. Francesco Fazio , a partner at Treacy & Company, and Xiao Liu , his former Treacy & Company colleague, write, “The way that consumers shop for groceries, and how supply chains get goods from beginning to end, has changed radically since the first ‘modern’ supermarket, a store named Piggly Wiggly, fi
Gartner Supply Chain Symposium/Xpo EU 2023 has wrapped up its 3-day event in Barcelona, Spain. Featuring over 35 Gartner experts and more than 100 research-driven sessions, this year’s conference gathered over 2,000 supply chain professionals from across Europe and beyond. Our team was energized by the insightful conversations we had and sessions we attended, and we’re excited to share what we’ve learned!
Global organizations want more automation within their supply chain to tackle issues like cost escalation and demand volatility. Generative AI has emerged as a transformative force with the potential to revolutionize the global supply chain, including the power to serve as a co-pilot to help operations and customer service organizations do their job better, faster.
You’ve probably already encountered it in a retail setting. You call a support center and a chatbot answers the call, understanding your natural language and providing information on shipment status. This is called ChatGPT, a natural language processing (NLP) tool that runs on artificial intelligence (AI) to conduct human-like discussions in order to assist you with various requests.
The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.
A Global Quality System Standard As globalization of medical device supply chains has continued to increase, regulatory bodies have grappled with how to bridge the gap between domestic and foreign regulation. Without a unified approach to both, the daily practice of ensuring that regulatory processes are followed and properly documented is even more challenging.
A Global Quality System Standard As globalization of medical device supply chains has continued to increase, regulatory bodies have grappled with how to bridge the gap between domestic and foreign regulation. Without a unified approach to both, the daily practice of ensuring that regulatory processes are followed and properly documented is even more challenging.
The new policy aims to address issues plaguing the tuna supply chain like the accidental catching of non-targeted species, illegal fishing and the abandonment of fishing gear.
“Transformation” is the buzzword of the moment. “Digital” transformation, “Supply Chain” transformation, “Demand Driven” transformation, “Demand Driven Digital Supply Chain” transformation – let’s go for it!… ASCM is even announcing a new APICS CTSC training and certification course: Certified in Transformation for Supply Chain CTSC Exam Content Manual (ascm.org).
Innovation on Functionality to Help Optimize our Customers’ Supply Chain Performance is Our Ongoing Directions Nucleus Research (Nucleus) recently published its inaugural Transportation Technology Value Matrix 2023 report , which provides an overview of the current market for transportation management solutions and assesses the software providers in this space.
By By Erik Kaminski (pictured) Feature Article Writer The post Drone Technology: How First Responders Are Empowered by it appeared first on IT Supply Chain.
As manufacturers deal with inflation and figure how to maintain profits, collaborating and sharing information with suppliers can produce better results than demanding lower prices from them, writes Costas Xyloyiannas, CEO of HICX, a supplier experience management platform. With inflation hampering product sales and price rises, manufacturers have profits to protect.
The current state of artificial intelligence in supply chain management is that it’s mostly just a box to check, says Jeff Alpern, vice president of product at Noodle.ai.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
Athletic and leisure footwear manufacturer New Balance has advanced plans to build the company’s sixth footwear manufacturing facility within the United States. Once more, the footwear provider has plans to double an existing U.S. facility. According to a published report from New Hampshire’s Manchester Union Leader via Yahoo News , plans for the sixth facility call for the construction of a 102,418 square foot combination office and manufacturing facility within Londonderry, New Hampshire ,
The Cost of Goods Sold formula is: Opening Inventory + Purchases + Production Costs – Closing Inventory = Cost of Goods Sold Below, we explain what the cost of goods sold (COGS) is, why it’s important for product businesses, and how to calculate COGS using the cost of goods sold formula. The cost of goods sold formula is used in product businesses to assess the profitability of specific SKUs and the business as a whole.
Global EV producer Tesla indicated this week that volume production of its previously announced semi-truck will be postponed until the end of 2024. This announcement was made by Founder and CEO Elon Musk at an energy conference and was attributed to battery supply constraints. According to a report from The Wall Street Journal , Musk did not elaborate on what was defined as high volume production, but reiterated that such a vehicle ‘ is crucial to accelerating the company’s transition to more su
By Paddy Srinivasan (pictured) Chief Executive Officer, GoTo The post EU Parliament is right to regulate AI to ease anxiety appeared first on IT Supply Chain.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Explore how AI is revolutionizing supply chain management by enhancing decision-making, improving efficiency, and driving growth. Learn about the power of predictive analytics, machine learning, NLP, and more.
As supply chains move past the uncertainties of 2020, they are met with new challenges while continuing to meet demands for greater efficiency, reduced operational costs and memorable consumer experiences. Locus attended the Gartner Supply Chain Symposium that took place in Orlando, Florida in May. If you were unable to attend the symposium, Our Chief Revenue Officer, Mehul Kapadia summed up the key themes from the symposium for SCM leaders, focusing on the top challenges they must surmount in 2
For online retailers looking to grow, the agility and scalability of their order fulfillment software is key. Whether the order fulfillment system is custom or off the shelf determines how agile and scalable it can be.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
After a long and arduous 13-month negotiation process, the JOC reports that a tentative deal has been reached between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA). It is a 6-year deal covering all 29 ports on the US West Coast. With the deal reached, there is optimism that discretionary cargo shippers had diverted away from the West Coast will soon return.
The International Longshore and Warehouse Union agreed to a new, six-year collective bargaining contract with the Pacific Maritime Association on June 14, 2023.
As the old adage says, “work smarter, not harder.” Technological advances have made “working smarter” easier with each passing year. Some people in the trucking and freight industry even see load boards as a prime example of modern technology that helps people work more efficiently and intelligently. However, from where we sit as a bulk freight broker with 35+ years of experience, we fail to see much intelligence in working with load boards in the bulk freight world.
HMM's FIL port rotation now includes Busan, Shanghai, Ningbo, Shekou, Jakarta, Singapore, Kattupalli, Santos, Paranaguá, Itapoá, Navegantes, Buenos Aires, Montevideo and Hong Kong.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
As fleet size keep growing, it's important to keep track of fleet operations. With LogiNext's Fleet Tracking 2.0, get the best benefits to optimize your fleet's lifecycle. The post [Infographic] 5 Reasons You Need LogiNext’s Fleet Tracking System appeared first on loginextsolutions.com.
Integrating your EDI with your ERP (or other systems) realizes many long-term benefits: saving time and money, increasing accuracy, and improving client relationships. Once an EDI integration is set up, our solution will do most of the heavy lifting, eliminating many of the burdens from your in-house team. But to reap the benefits, we first need to build the correct integration; for that, we need detailed information that only our clients can provide.
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