Professor Missy Cummings explained the limitations of artificial intelligence, warning, “There’s so much hype out there; it’s your job as supply chain executives to understand what’s real and what’s not.”
In automated cold-storage warehouses, WMS, automated receiving technologies, computer vision systems, algorithms, visibility platforms and machine learning capabilities all work in tandem to create end-to-end process automation.
The program, which was given a $317 million budget by the transportation ministry for 2023, received almost 33,000 applications in the 24 hours after it was launched.
The reason Mexico didn’t rise as a great near-shore market before was that supply chain resiliency just wasn’t top of mind in the last few decades, when landed cost was king.
It’s time to dispel the notion that data science is purely abstract and theoretical: In fact, it can and should be applied to make a practical difference in evolving warehouse performance.