As inflation lingers, the tough times for the freight industry are likely to continue. But shippers and carriers have the power to combat rising costs.
Leveraging analytics software with supply chain data helps shippers predict freight market trends, lower operating costs, negotiate rates more effectively and respond to disruption quickly.
Procurement leaders are still struggling with inefficient and costly processes when it comes to indirect spend. AI-powered autonomous sourcing can address this issue.
Achieving an intelligent, composable supply chain is all about embracing heterogeneity in technology and data sources, says Rohit Tripathi, principal chief technology officer at Grid Dynamics.
Until recently, most companies simply haven’t been interested in offering deep supply chain transparency. Now, they are beginning to realize the urgent need to do so.
The last mile of the supply chain has become a defining aspect of modern retail. Businesses can transform their supply chain operations by harnessing the power of AI.
The latest news, analysis, trends and solutions for big data, blockchain and the internet of things (IoT) and their impact on supply chain management. Big data describes the large volume of data that inundates a business on a day-to-day basis and can be analyzed for strategic business insights. IoT is the means that collects and sends data from a range of “things” — anything from watches to fridges to cars — that are connected to the internet with sensors or computer chips. Learn how companies around the world are using big data, blockchain and IoT for supply chain optimization and competitive advantage.
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