Logistics providers have been relatively slow in embracing artificial intelligence and machine learning. Now, the technology is finally beginning to have an impact on key business decisions throughout the industry.
Imagine being able to know not only where everything is exactly, but its condition, and what has happened to it along the way. The implications are enormous — temperature can be monitored and adjusted en route, unexpected delays can be determined and corrected, and deliveries to the wrong location can be found and quickly corrected. A much more efficient supply chain is on the way.
Sealed Air Corp. is among the big shippers to partner with Kenco Logistics Services and Smart Gladiator on an app that can manage the huge volume of photos taken to prove compliance with customer requirements.
With consumer spending surging, retailers are hoping for something they haven’t seen since the last recession began a decade ago: a truly great Christmas.
More than half of the European Union’s 619 coal-fired power stations are losing money, according to a new report. As a result, the industry’s slow plans for shutdowns will lead to €22bn ($26.04bn) in losses by 2030 if the EU fulfils its pledge to tackle climate change, the report warns.
Gartner, Inc. forecasts worldwide enterprise security spending to total $96.3bn in 2018, an increase of 8 percent from 2017. Organizations are spending more on security as a result of regulations, shifting buyer mindset, awareness of emerging threats and the evolution to a digital business strategy.
China’s two largest technology companies are locked in a payment war — and it isn’t just about getting more Chinese consumers to use their digital wallet services.