Forty percent of the high performers surveyed said that they are using AI/ML for demand forecasting, while that figure came in at just 19% for the lower performers.

The company said that these updates to Oracle Transportation Management and Oracle Global Trade Management will help customers increase visibility, reduce costs and automate regulatory compliances.

For all its unpredictable ups and downs, the supply chain technology sector remains an attractive target for investors.

Maersk said that the Santiago-based facility will be the organization’s first semi-automated omnichannel fulfillment distribution center, providing PUMA with better end-to-end supply chain visibility.

C.H. Robinson said that touchless appointments allow some users to save up to 7.4 hours on average in terms of being able to deliver products to market.

BCA executive Ihssane Mounir asked suppliers during the Pacific Northwest Aerospace Alliance conference February 7 to bear with the planemaker while it’s being audited by the FAA.

The New York Federal Reserve Bank’s Global Supply Chain Pressure Index rose from -0.15 in December 2023 to -0.11 in January 2024.

The healthcare industry's digital transformation will have a profound impact on the supply chain in 2024. Adoption of modern technologies will lead to increased automation and efficiency.

By embracing technology, implementing pandemic-learned strategies, and fostering collaboration, retailers can ensure their shelves remain stocked, their customers are satisfied, and their businesses remain resilient.