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Machine Learning Solves Four Major Challenges Facing Supply Chains in 2018

Morai Logistics

For example, media service provider, Netflix, creates positive customer experience by predicting the shows viewers may be interested in based on past searches. This article identifies how machine learning can address four challenges facing supply chains in 2018. Demand Forecasting.

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Industry Outlook: Manufacturing Trends

Trinity Logistics

It’s difficult for manufacturers to fill open positions, with respondents claiming it is 36 percent more difficult to recruit than in 2018. With tools like artificial intelligence (AI) and the Internet of Things (IoT) becoming more accessible, companies should be able to become more efficient and able to produce more with fewer people.

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World’s Top Green Businesses Revealed

Material Handling and Logistics

per annum from December 2011 to July 2018, demonstrates that the leadership on environmental issues shown by the A List goes hand in hand with being a successful and profitable business.”. “That the STOXX Global Climate Change Leaders Index – which is based on the CDP A List – outperformed the STOXX Global 1800 by 5.4%

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Supply Chain: Like Riding a Bike

Logistics Bureau

What we do is understand and model a business’ current supply chain, including procurement, purchasing, inventory and network and operations. For example, we could change a planning process or a depot operating practice and see major improvements in availability, cost or service. Activity driven replenishment is a good example of that.

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Launching the Freightos Baltic Index (FBX) for Daily Rates

Freightos

For example, combining FBX and trucking data, FreightWaves have shown that as prices fluctuate, the cheapest way to ship from Asia to Chicago can flip from US West Coast to East Coast, or vice versa – an insight impossible to take advantage of without real-time price information. Freight is somewhat notorious for price opacity.

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How to Improve Sustainability for Your Small Business

GoShip Blog

Customers Want to Purchase from Sustainable Companies. million tons of municipal solid waste (MSW) reaching US landfills in 2018. Examples are cellulose packaging, corrugated bubble wrap, mushroom packaging, glassine, corn starch packaging, craft paper, organic fabrics, etc.

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Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification

Freightos

The US-China trade war is another troubling example of how unexpected disruption can impact global trade and SMBs’ ability to compete. . Tariffs of course have impacted enterprise US businesses in tangible ways including higher costs to purchase imported goods and reductions in US manufacturing. The Trade War Impact.