When supply chains run smoothly, the economies they support do too. But when even the smallest disruption occurs, supply chains can quickly turn into the equivalent of a daisy chain — where one event sets off a cascading impact down the entire logistics value chain....
In business, as in life, uncertainty can result in unexpected disruptions that have an outsized ripple effects. That’s why agility in business operations, paired with a focus on strategic planning, is not just a competitive advantage; it’s a necessity. The tragic collapse of the Francis...
The global trade sector may have an answer to supply chain hiccups: AI. As Bloomberg News reported Sunday (Sept. 3), generative artificial intelligence (AI) and large-language models have emerged to help governments and businesses identify both problems and opportunities in a trading system worth $32...
In this second article in PYMNTS industrial metaverse series about the fledgling use of private enterprise virtual realities, we’ll look at how companies are building “digital twins” up and down their supply chains to create a complete, real-time picture of what’s happening in their business...
April 07, 2021
At first, the claim seems to be a bit outlandish. How could every company eventually become a FinTech? But unpack the statement a bit, and it goes from exaggeration to a sense of reality. After all, FinTechs understand consumer trends and are able to pivot quickly to meet end users’ demands. They manage money in […]
October 23, 2020
Post-pandemic, digital dollars will make their way across supply chains drastically reconfigured, and China will be out of the picture as the dominant U.S. trading partner. Maybe only a little...
October 21, 2020
At the start of this year, online commerce trends were following a similar trajectory to 2019: eCommerce sales were steadily growing, but they were still a fraction of those at...
August 04, 2020
Although the 2008 financial crisis jolted the world economy, the financial conditions leading up to the disruption had been a long time coming. It’s perhaps the biggest economic difference between...
April 03, 2024
FourKites and BuyCo partnered to offer a container shipping management solution that provides Fortune 500 shippers with visibility across inland and ocean shipments. With the integrated offering created by this collaboration, shippers can manage initial planning and booking, documentation and tendering and gain real-time transportation visibility, the companies said in a Wednesday (April 3) press release. “Ocean shipping is […]
September 03, 2023
The global trade sector may have an answer to supply chain hiccups: AI. As Bloomberg News reported Sunday (Sept. 3), generative artificial intelligence (AI) and large-language models have emerged to...
April 30, 2020
A revised forecast of smartphone production predicts volume will shrink to a record low in the second quarter as the spread of the coronavirus continues to hurt sales, according to...
March 25, 2020
JPMorgan analysts are predicting the new iPhone from Apple is going to be delayed, according to a report by CNBC. The analysts think the launch could be delayed for at...
