The algorithm allowed Amazon to improve its profit on items across numerous shopping categories, which caused competitors mimicking the retail giant to raise their prices.

With the omnichannel becoming the standard for fulfillment, decisions on allocation and replenishment become far more complicated than just meeting demand at the store level. 

As technology continues to reshape industries, the role of artificial intelligence in blue-collar recruiting is a question on everyone’s minds.

Companies are wise to proceed cautiously as they integrate sustainability, resilience and commercial objectives.

The new tool allows procurement teams to create and manage requests for proposals (RFPs) while connecting suppliers with customers.

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.

In order fulfillment and many other supply chain functions, artificial intelligence is now an indispensable asset in improving the quality and efficiency of returns for high-volume direct-to-consumer operations.

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.  

Utilities should set their procurement technology strategy to implement a fully integrated global I.T. system infrastructure that incorporates procure-to-pay operations with fully automated workflows.

At a time when procurement is having trouble attracting and retaining top talent, there’s an opportunity to invest in people, by adopting AI-powered tools.