Articles
IT Matters: Logistics & Supply Chain Technology
How to Navigate Your Supply Chain During Market Swings
Market conditions play a crucial role in shaping challenges professionals face when managing their organization’s supply chains. While bear markets are known for their economic uncertainty and declining stock prices, bull markets are characterized by investor optimism and rising asset values. Both markets present unique hurdles that supply chain professionals must adeptly navigate.
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How AI Will Revolutionize Shipping
New technology solutions are making waves in logistics, especially around artificial intelligence (AI) and machine learning (ML). With huge potential for growth and supply chain improvement, logistics companies are using AI to build upon existing digital solutions and make them even more efficient.
Read More10 Tips for Preparing for Supply Chain Ransomware Attacks
Cyberattacks in the manufacturing industry and supply chain have increased — here’s how leaders can reduce risk and prepare for responding to an attack today.
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How Artificial Intelligence Is Improving Supply Chain Operations
AI may better describe augmented intelligence rather than artificial intelligence. While AI systems can help alleviate labor shortages, they often perform best while working alongside people and augmenting human intelligence.
Read More3 Ways Predictive Analytics Improves Fulfillment
Organizations need the technical tools to provide operational insights that lead to smarter decisions about automating inventory management, warehousing, and distribution processes. With improved operational visibility, businesses can strengthen their order fulfillment and supply chain processes while keeping pace with customer expectations.
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Artificial Intelligence in Fleet Management: The Advantages and Disadvantages of Using AI Resources in Fleet Operations
Today’s highly sophisticated and evolving artificial intelligence (AI)-driven tools and resources, including ones that leverage natural language processing like ChatGPT and Google’s new AI product Bard, are creating many new opportunities for organizations. However, the actual impact AI will have on transportation fleets in the areas of improved equipment asset management strategies, and operations such […]
Read MoreSteps to AI Success in Your Warehouse
As global ecommerce expands, fulfillment operations need to look to artificial intelligence (AI) to keep pace with the demands of today’s digital supply chain. More and more organizations are considering digital technologies such as AI to improve supply chain performance.
Read MoreDigitalization Unlocks Resiliency
Brands and retailers are navigating a seemingly endless cavalcade of new supply chain threats ranging from inflationary pressures to trade wars. Conditions seem unlikely to improve soon. As businesses work to build more resilient supplier networks, they must start by investing in a comprehensive digital transformation.
Read MoreStabilizing the Chemical Supply Chain
The chemicals industry may be stable, but the risks companies frequently face are volatile. Multi-stage shipping routes for hazardous or delicate materials incur risk at every step. Shifting to just-in-time inventories, with more frequent, smaller shipments, is a catalyst for procurement and logistics problems.
Read MoreLeveraging NFTs to Elevate Shipment Security
Non-fungible tokens (NFTs) have the potential to revolutionize shipping. By digitizing the shipment process and providing a secure, tamper-proof way to track shipments, NFTs can help shippers protect their valuable cargo from theft and fraud.
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Is Your Business Ready for Intelligent Document Processing?
The world has seen the damage a slow supply chain can do—it stunts economic growth, negatively impacts revenue, and leads to customer frustration, or worse, customer loss. Technology has been touted as the end-all to supply chain woes, but it can be difficult to determine the most beneficial solutions. Yet, one AI solution can lay the foundational groundwork for implementing future technologies: Intelligent Document Processing (IDP).
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Four Ways ERP Is Changing to Keep Up with Manufacturers’ Evolving Needs
Enterprise resource planning (ERP) has become a pivotal solution for withstanding today’s challenges. Here’s how the technology is evolving to ensure businesses can keep up with the current climate.
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Why a Supply Chain Management Ecosystem Is the Future of Enterprise Planning
Visibility providers are integrating with supply chain applications to give users multiple capabilities within a single ecosystem. Just like within our smartphone, these integrations are giving users the power to tailor their own ecosystem according to their needs.
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How to Unlock Opportunity With a Procurement Control Tower
With market volatility and sky-high inflation driving shifts in the price of oil and other commodities, it’s not surprising to see businesses adjust sourcing and inventory strategies in anticipation of future roadblocks. Plus, with consumer demand softening, many companies that largely over-indexed on orders last year are now sitting on a surplus of supply.
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Combatting the Chip Shortage with Cloud Adoption
As the economy grapples with the new normal of post-pandemic buyer behavior and businesses move forward, many industries continue to experience a demand surge that has overwhelmed the supply chain. Shortages of critical components such as semiconductor chips are at an all-time high for manufacturing, transportation, and logistics.
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Why IoT is Not the Answer
Global supply chain disruption is not caused by a lack of data—more than 10 billion Internet of Things (IoT) devices deployed worldwide add more data every second to already overflowing data stores, yet disruption persists. More IoT is not the answer. The real challenge is creating effective connections between numerous stakeholders performing a range of functions, across multiple enterprise platforms and in different jurisdictions.
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Real-time Data Isn’t the Only Thing Supply Chains Are Missing
Before the polar vortex in Texas, the biggest logjams at the Port of LA, and the start of the Great Resignation, McKinsey found that major production disruptions were estimated to occur every 3.7 years. In the months since, it has become clear these incidents are far too common to be referred to as black swan […]
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How Strong Trading Relationships Help Win and Retain Customers
The most effective supply chains are built on a firm foundation of cooperation between suppliers and distributors. Strong trading relationships have a significant impact on just about every measure of performance: customer service, transportation and storage costs, risk, forecasting, lead times, and even product development. The best way to ensure that your supply chain is […]
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5 Phases of Disruption Response
While supply chain problems appeared at first to be temporary ramifications of the pandemic, research now suggests that restoring previous supply chain functioning will take more than time. New solutions will have to be developed, and innovation in the tech space will have to be part of these solutions. In a recent presentation, Palash Barandwaj, […]
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Designing a Soft Goods Supply Chain
Forecasting demand for soft goods can be difficult because demand changes due to fashion trends, weather patterns, and other factors. But artificial intelligence (AI) and machine learning (ML) technologies are changing the way soft goods manufacturers and retailers manage their supply chains.
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