In a transformative development, the International Centre for Trade Transparency and Monitoring brings attention to the escalating investments in Supply Chain Control Towers (SCCTs), set to exceed a significant $10 billion by 2025, according to ABI Research. The surge in adoption is evident across diverse industries, with manufacturers, logistics service providers (LSPs), and retailers taking…
In a recent exploration of the evolving landscape of supply chain applications, the International Centre for Trade Transparency and Monitoring sheds light on the pivotal role played by Artificial Intelligence (AI) and Machine Learning (ML) in boosting business resilience. The story unfolds during a chance encounter with a local kite manufacturer, unveiling the potential of…
In a significant development, recent data unveils a notable shift in China’s export destinations, with Southeast Asia surpassing the United States as the primary recipient of Chinese exports for the first time last year. These figures, released on Friday, underscore the ongoing recalibration of global trade dynamics amid the evolving economic relationship between Washington and…
In a significant development, the latest analysis of the Logistics Managers Index indicates remarkable stability in the global supply chain, nearly four years after the COVID-19 pandemic disrupted it. The logistics industry is displaying signs of robustness, as highlighted by Arizona State University W.P. Carey professor Dale Rogers during a recent discussion on PBS’ “Arizona…