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Artificial intelligence (AI) is rapidly growing as a vital tool for making business processes more accurate and efficient. Although, only 23% of respondents in a recent study have reported incorporating AI into their processes and service offerings. Slow adaptation of AI may hinder companies from remaining competitive, and has actually shown lower rates of production… The post How AI Technology Can Impact Your Business for the Better?
Greek philosopher Heraclitus once said, “The only constant in life is change.” This is certainly true for the retail warehouse environment of 2019, where expectations have been to keep up with shoppers’ shifting purchasing habits, continually tweak fulfillment strategies and invest in innovative technologies such as robotics and AI. It’s been a decade of great evolution for the supply chain, and that evolution shows no sign of slowing down in the ‘20s.
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From the Amazons and Alibabas of the world, to B2B suppliers like Grainger and Readerlink, to other niche and specialty suppliers and retailers, delivery is a crucial component of any ecommerce company’s success. On Black Friday alone, retailers chalked up a record $7.4 billion in ecommerce sales this year, eclipsing last year’s number. And as we begin a new decade, ecommerce companies that hope to stay ahead of the competition need to be up to the challenge of ever-intensifying customer demands
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About ten years ago, I bought a struggling toy business that, on the surface, looked like it had a lot of potential. But only two years later, I was forced to sell it at a fraction of what I invested. I lost over a million dollars in the process, which nearly ruined me.
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Arne Mielken, Senior Global Trade and Customs Manager of E2open, discusses the current status of Brexit and how supply chain leaders should respond to the ongoing risks and uncertainties. Podcast version (click to play): The post [Video] Preparing For Brexit: What Supply Chain Leaders Need To Know appeared first on Talking Logistics with Adrian Gonzalez.
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The holiday shopping season actually ends with the holiday returns season. Matt Guasco ( @mattpguasco ), President of INF Marketing and Logistics, explains, “With the rise in e-commerce has come an annual torrent of post-holiday returns. Millions of packages that flowed one-way through the supply chain to the consumer must now be turned and move back through the supply chain to the appropriate destination.
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As 2019 comes to a close, we reflect on a wonderful year of learning from women in all avenues of the tech space. There is a lot of wisdom, experience and wealth of knowledge in the women we interviewed around the company and world this year, so we’re looking back on some of the best advice shared. Here are some of our favorites – and we toss it over to you, our readers – what is the best advice you’ve ever received?
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