Thu.Jan 18, 2024

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6 Ways AI Empowers End-to-End Decision Automation in Supply Chain

Logistics Viewpoints

As a child, I was mesmerized by beauty pageants, especially Miss World, where women from all around the world strutted in gorgeous fashion. I vividly remember the moments when the top winners declared their lofty goals for humanity: solving world hunger! Since the emergence of AI as the shiny object of our times, we see similar grandiosity: that AI will solve world hunger.

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How AI and Automation Are Poised to Revolutionize the Supply Chain Industry

Supply Chain Brain

In the last few years, the growing sophistication of artificial intelligence has brought unprecedented levels of precision, efficiency and innovation to supply chain management.

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What is inventory postponement in the supply chain?

West Coast and California Logistics

We all know that speed is a key part of supply chain efficiency. It may seem counterintuitive that a service with “postponement” in its name could increase speed and efficiency, but it can. We’re talking about inventory postponement and, in this article, we’ll explain what it is, what its benefits are, and how to find a provider that can handle it for your supply chain.

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AI Is Helping Protect Healthcare Supply Chains, Study Shows

Supply Chain Brain

Forty-four percent of healthcare organizations are using AI to improve customer experiences while another 35% use this technology to forecast consumer demands.

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Artificial Intelligence and the Transportation Industry

Artificial intelligence has quickly become a feature of everyday life: Using face ID to unlock a phone, communicating with online chatbots, and letting “smart” appliances help manage our homes are just a few of the ways that we interact with AI regularly. Forward-looking businesses are also using AI to transform their operations and gain a competitive edge.

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[Editor’s Pick] Global Trade Trends: A Year in Review and a Look Ahead

Talking Logistics

Note: Today’s post is part of our “Editor’s Pick” series where we highlight posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post by Sandy Bhat from e2open’s blog highlights several key trends in global trade “that will have broader implications for businesses.

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Tackling 6 Common Challenges Produce Shippers Face

Trinity Logistics

Consumers want more fruits and vegetables in their diets but produce shippers must face these common logistics challenges to keep up with their demand. It’s hard to deny the nutritional value fruits and vegetables bring to our diets. It’s likely why there’s been substantial growth in consumer demand for produce over the past decade. While that’s great for businesses based in produce, there’s also greater pressure for produce shippers to deliver.

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How Generative AI Will Shape Contracting

Supply Chain Brain

Generative AI (GenAI) has the potential to transform the contracting practices of companies by significantly reducing the contract authoring, review times, and making negotiations of commercial agreements more effective.

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January 2024 Freight Market Update

Trinity Logistics

Stay up to date on the latest information on conditions impacting the freight market, curated by Trinity Logistics through our Freightwaves Sonar subscription. LIKE TRACKING A HURRICANE I’m sure we’ve all felt like we were in a bad storm over the past few years when it comes to the freight market, and particularly, shipping rates. As we’re now into a new year, shippers and brokers are looking at their 12-month rate forecasts and wondering how things will look come December ‘24.

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Deep Freeze Forces U.S. LNG Exporters to Cancel, Delay Cargoes

Supply Chain Brain

The Cameron LNG export plant in Louisiana canceled at least one scheduled shipment while other deliveries from Cameron and Cheniere Energy’s Corpus Christi facility in Texas were also delayed

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Choosing the right engine oil for performance & protection

Commercial Carrier Journal

Cold weather poses significant challenges to engine oils, potentially affecting their performance and ultimately impacting the overall health of the engine.

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Congressional Committee Updated on Alaska Airlines Blowout Investigation

Supply Chain Brain

National Transportation Safety Board chair Jennifer Homendy and FAA administrator Mike Whitaker briefed members of the Senate Commerce Committee on their findings for about two hours January 17.

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Lean on a Bulk Freight 3PL during Rail Service Disruptions

Bulk Connection

We’re not even through with the first month of the 2023/2024 winter and we’ve already seen snow and rain wreak havoc on the supply chain across the US. It’s not a question of ‘if’ but ‘when’ these storms will lead to rail service disruptions. In this article, we’ll give you important information that will help you meet rail emergencies head on and keep your bulk freight in motion.

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U.K. Government Launches New Supply Chain Resilience Strategy

Supply Chain Brain

The strategy was launched by the Minister for Industry and Economic Security, Nusrat Ghani, during a visit to Heathrow Airport in London, the U.K.’s largest import hub.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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Passion is the Secret to Success

Women in Trucking

Women In Trucking Association Founder Ellen Voie shares how the secret to success in building and leading is in sharing your passion.

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Podcast | Who’s Really Paying for Tariffs on Imports of Chinese Goods?

Supply Chain Brain

Tariffs on Chinese-made imports are a response to that nation’s unfair trade practices. But who’s footing the bill?

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CUSMA review must consider trucking input

Truck News

Simply put, the trucking industry is a demand-derived service sector.

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Drive Systems at LogiMAT

Logistics Business Magazine

At the LogiMAT trade show in Stuttgart the drive specialist Nord will present its reliable and energy-efficient drive systems units for the industry. In intralogistics, parcels of different weights must be transported continuously – often over relatively long distances. Special requirements are placed on performance, reliability and energy efficiency of the drive technology used.

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

This white paper provides a comprehensive overview of global workplace incident trends, focusing on the top three biases leading to such incidents. It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

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Next Round of EnergIIZE EV Fast Track Funding Nears

NGT News

The third round of the California Energy Commission (CEC) Energy Infrastructure Incentives for Zero-Emission Commercial Vehicles (EnergIIZE) Electric Vehicle Fast Track funding lane will open at 9 a.m. Pacific time on February 7, 2024. It is expected to be fully subscribed in minutes, as was the case with the first two rounds, demonstrating the high […] The post Next Round of EnergIIZE EV Fast Track Funding Nears appeared first on NGT News.

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Demand for Logistics Space over Next 5 Years

Logistics Business Magazine

The UK could need more than 112 million sq ft of new industrial and logistics floorspace, the area of more than 1,700 football pitches, over the next five years, according to the latest calculations from global property adviser Knight Frank based on current capacity utilisation rates. The additional demand is linked to the UK’s growing population and our increasing dependence on distribution and manufacturing hubs, though the long-term trend in manufacturing toward high-value sectors, as well as

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Experts Believe Cheap Generic Drugs Are Hurting the U.S. Supply Chain

Supply Chain Brain

Erin Fox, the associate chief pharmacy officer at the University of Utah, claimed that the most recent drug shortages in the U.S. are the “worst” in a decade.

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Electric Semi-trailers and Trucks in Chile

Logistics Business Magazine

The first fully electric sets of semi-trailers and trucks are in operation in Chile for transporting cargo in the Americas. The historic milestone is the result of a partnership formed by Randon, the largest semi-trailers manufacturer in Latin America, and the Chilean mining company SQM. The company completes the delivery of units from the exclusive Hybrid R line, equipped with pioneering e-Sys auxiliary traction technology, from Suspensys, for application in the transport of the ore extraction

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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Everything You Need to Know About Logistics Flow in Warehouse

3PL Links

Everything You Need to Know About Logistics Flow in Warehouse These days, businesses must make every effort to turn the intricacy of the supply chain into a competitive advantage. This necessitates the implementation of solutions that streamline the logistics of production and warehousing, cut down on expenses and delivery times, and support the company’s competitive growth.

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Port Congestion Review

Logistics Business Magazine

Beacon, a supply chain visibility and collaboration platform, has released its 2023 Port Congestion Review. While average global vessel anchor and berth times hovered at a combined 1.5 days throughout the year, Asia outperformed while North American ports struggled. In a sign of further recovery for global supply chains, container dwell times at port improved between January and December at 71% of analysed ports with Colombo leading the way with average dwell times of 1.8 days in 2023.

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Vehicle Spotlight: The 22 to 26 Foot Box Truck - CDL

Penske Move Ahead

A reliable and efficient solution for hauling cargo, this medium-duty box truck is ready to elevate your business operations. Want to know more about this versatile vehicle? Watch the 22 to 26 foot CDL box truck in action or browse additional highlights below. Key Features Include: Spacious Cargo Capacity: Up to 17,000 lbs. of payload capacity offers ample cargo space to accommodate a wide range of larger loads, making these box trucks ideal for a variety of industries.