Monthly Archives: May 2024

Multimillion-Dollar Investment Pledged for Uzbekistan’s Tourism and Logistics Sectors

A significant development unfolded at the Tashkent International Investment Forum as a delegation from an international organization pledged a substantial investment in Uzbekistan’s key sectors. Led by President Abdulhamid Alkhalifa, the delegation from the Organization of the Petroleum Exporting Countries (OPEC) International Development Fund announced commitments totaling $500 million. The agreements signed between the OPEC…

Growing Investment in Supply Chain AI Sparks Call for Better Understanding and Training

The landscape of supply chain management is witnessing a surge in investment towards generative AI, reflecting a significant shift in businesses’ approach to technology adoption. In a recent survey conducted by Accenture, a substantial majority of C-suite executives responsible for supply chain and production expressed intentions to increase their investment in generative AI, with optimistic…

Transportation Collaboration: A Key Driver for Efficient Deliveries in Supply Chain

In response to the increasing demand for faster and more cost-effective shipping, businesses across industries are redefining their delivery strategies. One notable trend is the shift towards utilizing independent contractors for transporting goods to consumers, a move that reflects a broader revolution in delivery logistics. To address inefficiencies and optimize operations, transportation collaboration is emerging…

Advancing Supply Chain Ethics through Innovative Technology

In today’s interconnected world of manufacturing, ethical practices in the supply chain are gaining paramount importance. With the complexities of modern production, the demand for transparency and accountability has surged to unprecedented levels. Researchers at the Institute for Manufacturing (IfM), University of Cambridge, supported by InterAct funding, delve into the potential of the industrial metaverse…