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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…
Supply Chain Disruptions
July 1, 2024
Supply Chain Now’s Guide to Supply Chain Disruptions
The modern supply chain landscape is defined by constant disruption, demanding a proactive approach to challenges. In our guide to supply chain disruptions, we delve into the critical sources of disruption reshaping the industry: climate change, global conflict, and labor disputes. Through data-driven insights and expert analysis, we offer strategies for building resilient supply chains, emphasizing the importance of leveraging technology, supplier management, and collaboration. Read on to learn how to navigate the complexities of supply chain disruptions and thrive in this era of uncertainty. Working in an Era of Supply Chain Disruption At the onset of the supply chain crisis spurred by the COVID-19 pandemic, many in the industry thought that the time of constant disruptions and delays would resolve with the pandemic. This, however, has proven far from true. Instead, our increasingly global supply chain — ever more reliant on a complex network of international transportation partners — is more vulnerable than ever to disruptions. In this section, we’ll look at three sources of disruption transforming the industry. 1. Climate Change Takes its Toll on Normal Operations Climate change is leading to new supply chain vulnerabilities. One significant example is the Panama Canal, a critical artery in global…