In a groundbreaking shift, half of the leaders in the supply chain industry are gearing up to embrace Generative Artificial Intelligence (GenAI) within the next year, with an additional 14% already in the implementation phase, as indicated by a recent survey conducted by Gartner. The survey, part of Gartner’s Supply Chain Practice report published on…
DetailsIn a comprehensive review, the International Centre for Trade Transparency and Monitoring investigates the pivotal role of two recent legislative acts in reshaping the landscape of critical raw materials within the global supply chain. Louise Woods and Elena Guillet from Vinson & Elkins LLP, an esteemed international law firm, analyze the far-reaching impact of the…
DetailsIn the realm of international trade dynamics, heightened demand during the festive season propelled December air cargo rates to a noteworthy upswing. Despite the unexpected surge in activity, Xeneta’s Clive Data Services maintains a steadfast 2024 outlook, projecting a modest 1-2% surge in demand. The surge in demand orchestrated a commendable 6% month-over-month escalation in…
DetailsIn a significant development aimed at bolstering the operational capabilities of the Canadian Armed Forces (CAF), the Canadian government has announced that General Dynamics Land Systems-Canada has been selected as the preferred bidder for the highly anticipated Logistics Vehicle Modernization (LVM) program. This crucial initiative seeks to upgrade the CAF’s existing fleet of logistics vehicles…
DetailsIn the wake of the global pandemic, the logistics sector has undergone a remarkable transformation, marked by accelerated innovation and growth. Fueled by the imperative need for resilient supply chains, the industry has embraced changes driven by the expansion of e-commerce, rising demand for contactless delivery, and the widespread adoption of advanced technologies like AI…
DetailsIn a recent discussion at the Surface Navy Association’s 36th National Symposium, Alexandra Landsberg, Division Director of Mathematics, Computers, and Information Science at the Office of Naval Research, shed light on the administrative applications of artificial intelligence (AI) within the Navy. While AI’s capabilities in unmanned systems are well-known, Landsberg emphasized its potential in areas…
DetailsIn the dynamic landscape of the energy sector, supply chain managers, having successfully navigated challenges posed by the pandemic, are now steering towards a new objective—forging partnerships aligned with lower carbon strategies. A key player in the energy industry emphasizes the crucial role of a resilient and adaptable supply chain to meet evolving goals in…
DetailsIn a groundbreaking shift, half of the top supply chain companies are set to incorporate generative AI into their operations within the next year, according to recent research by Gartner. The survey, conducted in November 2023 with insights from 127 major supply chain companies, revealed that 14% are actively implementing or have already integrated generative…
DetailsIn a significant development, the Ohio Department of Agriculture has successfully secured over $12 million through the federal Resilient Food System Infrastructure Program. This funding is earmarked for various projects aimed at enhancing supply chain coordination, establishing advanced processing centers, and improving the accessibility, affordability, and efficiency of distributing Ohio products. The initiative may also…
DetailsIn the upcoming events in Taiwan, the global microchip industry is closely monitoring developments as the island nation holds crucial discussions impacting its legislature and presidency. Over the past decade, Taiwan has become a linchpin in the global supply chain for microchips, particularly in the manufacturing of advanced chips, commanding over 90% of the global…
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