While two years may seem like ample time to prepare, the reality is that it takes careful planning and multiple steps to implement advanced track and trace technology.
Walmart says that using the software to optimize driving routes, pack trailers efficiently and minimize miles traveled has allowed it to avoid generating 94 million pounds of CO2.
A post-Covid-19 supply chain model is emerging to cope with a dual ‘new normal’ in global commerce — a need for resilience amid volatility, and heightened concerns around climate and, more broadly, sustainability of products and processes.
Thanks to advancements in generative artificial intelligence, procurement professionals may now leverage their system of commercial agreements to increase their company’s return on investment.
Contracts have long been uncelebrated essentials in the business environment. If your company is like most others, procurement professionals view commercial agreements as irritating interruptions to business procedures. They can’t wait to sign the bottom line of the documents, file them in a cabinet and forget them.
Warehouse management systems have long produced a wealth of data relating to picking, packing, slotting and inventory management, but the visualization capabilities provided by digital twins go a long way toward making that information actionable.
Slotting has a significant impact on all the warehouse key performance indicators – productivity, shipping accuracy, inventory accuracy, warehouse order cycle time, and storage density. Yet, typical warehouses have less than a third of items located in optimal locations.
The latest news, analysis, trends and solutions for artificial intelligence (AI) and its impact on supply chain management. New AI technologies are transforming the way companies do business — and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving operations through their strategic use of AI and machine learning technologies for supply chain management.
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