Data-driven decision-making is helping chief supply chain officers (CSCOs) identify and prioritize their next steps through AI and machine learning. This is a key takeaway from a survey conducted by IBM’s Institute for Business Value in partnership with consulting firm Oxford Economics.
Business efficiency with AI is the new focus of CEOs. This concept has spurred the development of investment strategies that maximize benefits through AI. According to a survey by Ernst & Young, 65% of CEOs agree that AI is a positive force for both businesses and society.
Frantisek Stora is Managing Director of IKEA Components Slovakia, an IKEA subsidiary responsible for delivering furniture components and accessories. Stora explains how automating the facility with trilateral stacker cranes and Easy WMS software has helped the team fill increasing numbers of orders.
Logistics process automation helps companies enhance connectivity and efficiency in their warehouses. A Zebra study reveals that 69% of managers and executives have already invested or plan to invest in automation by 2024.
The market for AI-driven computer vision applied to logistics is on the rise, and more and more suppliers are able to meet this demand. A report by DHL contends that this tool will become widespread in most logistics-sector companies over the next five years.
Pavol Masarovič is Operations Manager at IKEA Components Slovakia, an IKEA subsidiary responsible for delivering furniture components and accessories. Masarovič explains how automating the facility with trilateral stacker cranes and Easy WMS software has made it possible to fill more and more orders.
3PL providers have become key partners for companies outsourcing their warehouse and distribution processes. Carl Marcus Wallenburg and Michael Knemeyer analyze trends such as AI and the Internet of Things, which are set to mark the future of 3PLs.
René de Koster explores the latest trends, experiences, and technological advancements in his publication Warehousing 2030. Companies will invest in automation to drive operations like order fulfillment and speed up deliveries.
Interview with Matthias Winkenbach, Principal Research Scientist at the Massachusetts Institute of Technology, on the incorporation of AI in e-commerce. According to Winkenbach, AI will contribute to the decarbonization of freight transportation and promote sustainable logistics.
Thomas H. Davenport and Nittin Mittal explain how organisations that have integrated AI into their processes have a competitive advantage. The authors provide insights for enterprises that have started to incorporate AI or have been using it for some time.
Generative AI is a branch of artificial intelligence centered on creating realistic content such as images, videos, music, and text. In the supply chain, it has the potential to assist in decision-making related to logistics process optimization.
Interview with Michael Burton, Customer Supply Lead at the Wissington Factory of British Sugar, the main sugar manufacturer for Great Britain and Ireland. Burton explains the advantages of automating internal material transport and storage processes and digitally managing all operations with Easy WMS.
Interview with Angelo Conti, Warehouse Manager at College of DuPage, the second-largest higher education institution in Illinois. Conti explains how the Interlake Mecalux solution has optimized the storage of paper and supplies for the school’s students, professors, and staff.
The adoption of new supply chain technologies will accelerate in the near term, according to a report by Material Handling Industry (MHI) and Deloitte. Eighty-seven percent of companies plan to increase their investment in innovation over the next two years to respond to logistics challenges.
In logistics facilities, automation and digital technologies enhance efficiency and reduce the time it takes to serve customers. Hokey Min, a professor and expert in global logistics strategy, elaborates on these advancements in a recent research paper from the Schmidthorst College of Business (Ohio).
Dr. Mustafa Çağrı Gürbüz, a Professor of Supply Chain Management at MIT-Zaragoza, emphasizes how predictive analytics enables supply chain optimization. Data capture enables data-driven descriptive, predictive, and prescriptive analytics for a more efficient, adaptable WMS.
Interview with Yannick Taton, Head of Procurement, Logistics, and Transportation at FIC Pro, a company specializing in products for construction professionals. Taton explains how digitalization has shortened customer lead times and enabled the company to monitor its stock comprehensively.
Interview with Yeming Gong, a Professor at Emlyon Business School, on the potential and applications of artificial intelligence (AI) in logistics. According to Gong, companies can incorporate AI in their logistics processes to improve customer satisfaction.
Planning, procurement, innovation, and logistics will be executives’ main supply chain challenges over the course of this year. This is revealed in the 2023 Supply chain priorities and challenges report by the American Productivity & Quality Center (APQC).
Yossi Sheffi, Director of the MIT Center for Transportation and Logistics, highlights how robotics and AI are changing and augmenting jobs. The author also delves into the tools that will help professionals be more productive in supply chain management.
