AI Articles and Analysis about Supply chain management
In commerce, supply chain management (SCM), the management of the flow of goods and services, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.
Accurately projecting and communicating shipment details in freight and logistics is paramount for successful, safe delivery across the vast supply chain.
DHL is a German logistics company that offers parcel delivery, express mail, freight forwarding, and third-party logistics. Its parent company is Deutsche Post (‘DPDHL’), the world’s largest logistics enterprise, operating in over 220 countries and employing more than 510,000 people worldwide.
A paradigm shift is happening in the manufacturing industry. Advancement in big data and machine learning is changing traditional manufacturing processes into the era of intelligent manufacturing. The concept of what gets called "industry 4.0" encourages the use of smart sensors, devices, and machines – going beyond the motives of collecting data about production.
The manufacturing industry has changed in recent years. Humans on the shop floor have always used their senses and experience to anticipate machine failure before it occurs. Now, AI can be used in conjunction with human expertise.