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PwC: data is the core ingredient for new business initiatives
The top three corporate development priorities in consulting firm PwC’s current strategy are climate, artificial intelligence (AI), and business model reinvention (BMR), the company said in remarks today at an Orlando user conference for…
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IFS: “Industrial AI” works best for industry-specific tasks
While many companies are launching artificial intelligence (AI) products for use as generic “co-pilots” or consumer-focused gadgets, the Swedish enterprise resource planning (ERP) software vendor IFS says its “Industrial AI” version…
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Kinaxis to build supply chain planning tools for ExxonMobil
Supply chain orchestration software provider Kinaxis today announced a co-development deal with ExxonMobil to create supply chain technology solutions designed specifically for the energy sector.“ExxonMobil is uniquely placed to…
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Descartes acquires e-commerce software firm Sellercloud
The Canadian logistics network platform provider provider Descartes today added another acquisition to the dozens of deals it has made in recent years, announcing that it has bought Sellercloud, a provider of omnichannel e-commerce…
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CJ Logistics America to build 1.1-million square foot DC in Illinois
The supply chain and technology provider CJ Logistics America says it broke ground last week on a new logistics center in Elwood, Illinois, marking the latest step in its broader agreement with the Korea Ocean Business Corporation…
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Amazon’s newest DC uses 10 times more robots
Mega-retailer Amazon says its newest fulfillment center, located in Shreveport, Louisiana, uses 10 times more robots than previous warehouse designs, and relies on artificial intelligence (AI) to direct the eight different models…
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Global economy continues to slow, GEP index shows
The level of global supply chain spare capacity in September rose to its highest level since July 2023, revealing a trend of economic weakness, according to a monthly report from market data provider S&P Global and New Jersey-based…
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Business optimism is up as inflation fades
Global business leaders are feeling optimistic, according to a report from business data analytics firm Dun & Bradstreet showing a 7% increase in business optimism quarter-over-quarter, driven by gradual easing of inflation rates and…
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Total Distribution acquires REO Processing for latest expansion
Is the pharmaceutical industry ready for all this? To find out, we spoke with Elizabeth Gallenagh, general counsel and senior vice president, supply chain integrity at the Healthcare Distribution Alliance(HDA), a national organization…
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Florida measures the damage of Hurricane Milton
Weather conditions in central Florida are forecasted to rapidly improve throughout the day as Hurricane Milton spins out into the Atlantic, leaving behind a trail of wind and flood damage.Nurtured by historically hot waters in the Gulf…
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