Order management ought to be the first candidate for streamlining and automation of business processes. So why is that task still stuck in another century?
Factories across the globe warned they are finding it increasingly hard to keep up with demand, potentially forcing them to raise prices as the world economy looks set to enjoy its strongest year since 2011.
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.
The latest news, analysis, trends and solutions regarding supply chain finance and revenue management. New technologies in finance and revenue management are transforming the way companies operate - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using finance and revenue management solutions for supply chain optimization.
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