Schneider Electric has joined a World Economic Forum advisory board backing a new open-source manufacturing blueprint aimed at helping factories modernise more systematically and at a lower cost. The framework, known as Lighthouse Operating System, or Lighthouse OS, is intended to distil the methods used…
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AI is rapidly reshaping supply chain and logistics management, moving these functions from reactive coordination towards more predictive, automated decision-making. Across enterprise planning, procurement, warehouse execution and shipment visibility, the most advanced platforms are increasingly using machine learning and generative AI to forecast demand, flag risk, optimise inventory and reduce…
Industrial businesses are increasingly discovering that logistics is no longer a support function sitting quietly in the background. It has become part of the operating model itself. As supply chains have grown more intricate, more global and more time-critical, manufacturers, distributors and other industrial operators…
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End-to-end traceability is moving out of the operations department and into the boardroom. As OpenText argues in its blog on supply chain visibility, the pressure now comes from several directions at once: tougher regulation, rising customer demands, sustainability reporting that must be evidenced, and the need to spot disruption before…
JAGGAER has added HSBC procurement chief Craig Cuffie to its board as the enterprise software group looks to sharpen its focus on AI-led sourcing and supplier collaboration. The appointment brings in an executive with experience across banking, cloud software and industrial supply chains. Cuffie is…
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View AllRetailers facing higher freight costs and more volatile shipping conditions need to lean more heavily on supplier relationships and operational discipline, according to speakers on a Drapers Talks podcast recorded at the Drapers Supply Chain Summit in London last month. The episode featured Tom Palombella, director of logistics operations…
The United States has indicted seven Chinese executives and four of the world’s biggest shipping container manufacturers, accusing them of running a years-long cartel that restricted supply and pushed up prices during the COVID-19 era, according to the Department of Justice. Prosecutors say the alleged…
