The supply chain is about much more than simply getting products from point A to point B. In many cases, it’s a company’s lifeblood of success — something that can make or break a corporate image. When a supply chain is customer-focused, well-leveraged, and cost-effective, the financial benefits can move from simply good to extraordinary.
When it comes to determining the optimal price of a product, component or raw material, artificial intelligence can do more than come up with the answer. It can help you to understand the questions you ought to be asking.
Amazon.com Inc’s 20-percent hike in the cost of Prime membership should deliver more than $1bn in extra revenue this year and cover any “rational” hike in United States Postal Service delivery fees, Wall Street analysts said on Friday.
United Parcel Service Inc. is ramping up a “transformation” plan to cut costs across the organization as the delivery firm responds to changes in how people shop and nontraditional competitors such as Amazon.com Inc.
Truck maker AB Volvo beat first-quarter expectations thanks to strong demand for trucks and construction equipment across most markets but cautioned that its supply chain was coming under pressure.