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SupplyChain
Artificial Intelligence
AI in Supply Chain Management: Boosting Efficiency & Accuracy
Businesses are increasingly leveraging AI to optimize the flow of goods—from sourcing raw materials to manufacturing and final delivery—helping them enhance efficiency and reduce operational complexities. Supply chain management (SCM) involves multiple teams, including procurement, quality assurance, and production, all working together to ensure smooth operations. However, traditional SCM methods often struggle to keep pace […]
Technology
Spot Pricing Platforms in Logistics: Enhancing Efficiency and Savings
Spot pricing platforms in logistics have disrupted the traditional flow of logistics operations, which are subjected to continuous and extreme changes in the market due to demand and supply as well as interruptions in the supply chain activities. These platforms make real-time pricing feasible and also allow manipulation of prices based on the surrounding circumstances. […]