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Think Tank
Technology: Page 140
Gartner: Top Supply Chain Orgs Use AI at Twice the Rate of Lower-Performing Peers
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.
IoT in the Supply Chain: Why Do We Need It?
Manufacturers looking to deploy IoT in that time should partner with specialists to help them deliver their vision.
EU Approves $7.4B in Funding for Hydrogen Supply Chain
The money will support 32 companies working on 33 projects along the EU’s hydrogen value chain and likely unlock over $5.81 billion in private investments.
Naval Escort Helps CMA CGM Ship Pass Through Red Sea Despite Recent Attacks
The EU announced February 19 that it plans to begin its own naval missions to protect shippers passing through the Red Sea.
Volkswagen Plans to Supply EV Parts, Cells to India’s Mahindra
Mahindra will equip some of its five planned electric sport utility vehicles with components from Volkswagen’s MEB platform and unified cells, the carmaker said in an exchange filing February 16.
Arizona Company Planning $344M Solar Panel Recycling Factory in Georgia
Solarcycle said that it would hire over 600 employees to work at the Cedartown, Georgia-based facility, which is set to open in 2026.
Connecting the Dots: The Role of the Modern-Day Warehouse Execution System
While new technologies can often take time to reach full adoption, the warehouse execution system has seen a quicker acceptance curve than its predecessors.
Port of LA Kicks Off 2024 with Near-Record January Volume
January also marked the sixth straight month of year-over-year gains for the Port of Los Angeles, surpassing January 2023’s totals by 18%.
Airbus Aims to Complete 800 Aircraft Deliveries in 2024
The company said in an annual earnings report February 15 that it wants to deliver 800 commercial planes in 2024, up from 735 in 2023.
General Motors, Panasonic Sign Investment Deals with Canadian Graphite Producer
GM and Panasonic have each committed to purchase 18,000 metric tons of active anode material annually over a period of six to seven years, Nouveau Monde Graphite said.
Oil Demand Growth Slowing as Non-OPEC Supply Increases
The IEA said that it anticipates oil demand will peak by 2030 as the world attempts to transition to cleaner energy sources. OPEC says it will peak after 2044.
Three Critical Steps Toward Mastering Total Inventory Optimization in 2024
Just months after snarled supply chains led to widespread inventory shortages, the proverbial pendulum has decidedly shifted to the other side.
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