Digital transformation is a term that is thrown around a lot, and people have different ways to interpret what it means. Essentially, digital transformation is the integration of digital technology into all areas of a business. ARC Advisory Group, where I work, publishes an analysis of the 25 manufacturers with ...
Recently, the White House announced its landmark executive order on emerging AI technologies, with legislation promising to guide the safety and security of the U.S. government and its workers. The executive order was wide-ranging in scope, spotlighting government guidance for private industry, AI security, workers' support, AI innovation and competition, ...
A few technology companies have claimed they’re going to disrupt trucking and transportation. They want to “Uberize” the industry, believe autonomous and electric trucks are the future, or even promise that the right software will flip freight on its head.Of course, in this age of supply chain uncertainty, manufacturers are ...
Herculean efforts to keep cargo moving over the past few years have left a big imprint on U.S. cargo flows, port and real estate data show.Shippers, seeking reliability in their supply chains since the onset of the COVID-19 pandemic, have taken major steps to reconfigure their logistics networks. Many diverted ...
Over the last few years, we have seen a drumroll of supply chain crises—from rising and falling shipping prices to volatile demand and disruption of supply—caused by Covid-related closings in China and the war in Ukraine. Today many retailers are dealing with another type of inventory crisis: overwhelming amounts of ...
Manufacturers are increasingly turning to digital twin technology to beef up operations and improve their supply chains. Digital twins technically date back to at least the 1960s — when NASA was experimenting with virtual models during the Apollo program. Thanks to increasingly powerful sensors and software packages in recent years, manufacturers ...
The obligation to comply with supply chain regulations from the EU Supply Chain Act to a draft of US supply chain due diligence laws is spurring firms to rethink sourcing, supply chain, manufacturing policies, and supporting applications. In addition, the US and the EU alone are currently spending $1.4 trillion on environmental ...
Can artificial intelligence cure our supply chain woes? It may help, but only to an extent. With the holiday shipping season upon us, we may start putting nascent AI-driven processes to the test. But ultimately, it takes skilled people — supported by intelligent robotics, planning, and analytics — to make ...
Most of the clothing and gadgets you buy in stores today were once in shipping containers, sailing across the ocean. Ships carry over 80% of the world’s traded goods. But they have a problem – the majority of them burn heavy sulfur fuel oil, which is a driver of climate ...
Get in touch to get a free personalized curation.