article thumbnail

Can Supply Chains Adjust to a Circular Economy Over the Next Decade? Part 1

Enterra Insights

Circular economic business models encourage continuous reuse of materials to minimize waste and the demand for additional natural resource consumption.”[2]. Kadir van Lohuizen ( @mediakadir ) reports, “The world generates at least 3.5 It is important not to confuse those metrics with the circular economy. ”[2].

article thumbnail

[INFOGRAPHIC] AI Technologies: The Role of Humans & The Application in Logistics

GlobalTranz

Google’s 2014 purchase of the British firm Deep Mind for something more than $ 400 million produced a bonanza of publicity earlier this year, when its game playing program whipped a human master of the ancient strategy game Go. Mr. Ray Kruzwell: Futurist and Director of Engineering at Google: AI will be achieved by 2029.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CO₂ Subway Map

Supply Chain Movement

According to news agency Bloomberg, smartphone apps that track individual CO emissions from purchases are very much on the rise. For example, users of the Commons app earn points towards gift vouchers when they purchase products labelled as sustainable. billion in 2029. billion in 2023 to $7.7

article thumbnail

Circular Supply Chain: the Politics of Pollution

DynaSys

The most recent KPMG Survey of Corporate Responsibility Report[iii] found that 93% of the world’s largest global 250 companies are publicly declaring sustainability and corporate responsibility standards. Companies can no longer exclude sustainability from their annual reporting. Corporate Responsibility. Regulatory Controls.

article thumbnail

RS Group releases report on its activities and strategy for Environmental, Social and Governance

Synovos

It has also reduced its Scope 3 transportation emissions intensity by 28% since 2019/20, thereby achieving its 2029/30 goal seven years early. For example, RS has reduced its Scope 1 and 2 carbon emissions by 58% since 2019/20 with progress made in the year through distribution center energy efficiencies and renewable electricity.

article thumbnail

The Insider’s Guide to Choosing the Best Inventory Management Software for Your Business

RFgen

After all, if products are not properly traced, accounted for, and utilized, there are far-reaching effects across the product life cycle, from procurement to delivery. Proper inventory management involves a holistic view of all products with the goal of ensuring a smooth supply chain operation and minimizing costs. billion by 2029.

article thumbnail

AI in the Food Industry: Case Studies, Challenges & Future Trends

ThroughPut

billion by 2029. As per a recent study, AI can help reduce production costs by almost 20% in the agriculture sector! Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions. billion in 2024. That’s definitely good news. All for the good.