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LLMs, Optimization and Automation: Supply Chain’s Defenses Against Market Swings

Blue Grace Logistics

Three technologies have emerged as game-changers for third-party logistics (3PL) and supply chain experts: large language models (LLMs), freight optimization platforms and no-code automation. This enables 3PLs to optimize inventory levels, reducing the risk of overstocking or understocking, even in uncertain economic times.

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Hurricane Milton Poses ‘Big Ripple Effect’ for Supply Chains

Blue Grace Logistics

A major general merchandise retailer we work with has delayed all non-perishable inbound freight into Tampa for a week,” Byrne told Sourcing Journal. You have a hurricane in Florida, and freight rates in Seattle are affected three or four days later,” Williford told Sourcing Journal. It stayed, and it’s helping.

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Embracing the Chill: How the Consumer Shift from Fresh to Frozen Effects Cold Chain Transportation

Blue Grace Logistics

a How to Navigate Your Supply Chain During Market Swings Show Submenu Resources The Logistics Blog® Newsroom Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - November 21, 2023 In the realm of ever-fluctuating food prices, a pragmatic revolution is quietly taking place in the shopping carts of budget-conscious consumers.

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3 Compelling Reasons to Start Using Prescriptive Analytics

AIMMS

Unlike Descriptive (focused on reporting with basic trend or pattern recognition) or Predictive Analytics (focused on predicting the future with forecasting techniques), Prescriptive Analytics uses techniques like machine learning and mathematical modeling to help you improve decision making. billion in value by 2019. Additional resources.

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What Inventory, Order Volumes Could Mean for Holiday Freight

Blue Grace Logistics

Glenn Taylor | Sourcing Journal November 02, 2023 In an improving sign for the retail supply chain, the majority of shippers surveyed by third-party logistics (3PL) provider BlueGrace Logistics—64.4 More than 45 percent of respondents said they have a positive sentiment related to their inventory levels, an improvement on the 33.3

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Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

GlobalTranz

What makes Ethereum different is that it actively encourages software development teams to use its open-source protocol to design tokens that run on top of the Ethereum blockchain. Provenance ensures transparency in supply chains, with the aim of encouraging brands to source materials and labor in an ethical and fair trade manner.

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Insider Series Provides Insights on Trends, Technologies and Strategies

Logistics Business Magazine

MHS, a single-source provider of material handling automation and software solutions, announces a new multi-part online experience scheduled to run October through November. Following each event, attendees receive exclusive access to supplementary resources like white papers, case studies and infographics to continue their experience.