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Antti Suorsa

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October 20, 2020

Benefits and Drawbacks of AI in the Transportation Industry

Technology is advancing quickly and we all get to experience quick changes in innovation devices. It has become almost impossible today to do any job without using technology. Our lives are greatly influenced by technology, to an extent that from our daily chores at home to our professional jobs and interactions, everything is being affected by technology. What is AI? Artificial Intelligence refers to the ability of an advanced computer to perform operations normally executed by humans. To lay it out plainly, AI has human-like capacities regarding programming, however, it runs on significantly more impressive equipment. In contrast to people, smart machines can deal with huge amounts of information in real-time. AI Spring in Action The last few decades have witnessed the spring of AI. The dramatic surge in AI resulted from its progress in advanced neural networks NNs and genetic algorithms GAs from the ‘60s and ‘70s. For any organization planning to move ahead and succeed, integration of technology in its operation is a must. AI Incorporation Artificial Intelligence is now being incorporated by organizations all across the globe in a variety of ways, from robotizing a part of interacting with customers to deciding upon the products best suited…
sustainable supply chain
August 29, 2024

Eco-Friendly Innovations: How Sustainable Practices Are Reshaping Supply Chains

Scope 3 emissions reportedly account for more than 70% of businesses’ carbon footprints. That huge percentage gives an indication of just how critical supply chain sustainability efforts are to the planet. Thankfully, a growing number of eco-friendly innovations are helping reshape global supply chains. Supply Chain Sustainability: An Industry Imperative in a Changing World It is becoming increasingly important for companies to accurately calculate their supply chain emissions and create an information-sharing ecosystem, according to Matthew Gardner, co-founder and managing partner of Sustainserv, a consulting firm that helps businesses implement sustainability strategies. Gardner said accounting for supply chain-related greenhouse gas emissions includes such challenges as: Data gathering of “materials, manufacturing processes, activities of second- and third-tier suppliers, and overall data governance and quality.” Calculation methodology that “reflects the realities of raw material sourcing, product manufacturing, transportation and distribution, and other life-cycle impacts that may affect reported greenhouse gas totals.” Supplier relationships, which can be strained as a result of emissions assessments. Businesses also need to keep in mind their relationships with consumers. PDI Technologies said 80% of U.S. consumers it surveyed were willing to pay more for sustainable products. “Between these statistics and the regulatory conversations that are happening in…