Digital Supply Chain

The live event in Nashville, Tenn., featured 60-plus leaders, and also honored several companies with awards for supply chain excellence.

The article discusses the rapid evolution of digital supply chains, highlighting how technological advancements and AI are transforming supply chain performance by enabling real-time data utilization, connected networks, and optimized decision-making.

With excess capacity and lower rates, the digital freight matching (DFM) market is keeping its eye on the ball as the segment ramps up to leverage AI to gain visibility and improve real-time monitoring capabilities.

A survey recently published by global management consultancy McKinsey, entitled the “Supply Chain Pulse,” highlighted the ongoing changes in the ways companies are managing goods flow processes, including sourcing new materials, manufacturing, and distribution, as it relates to global trade and commerce, which tallies $32 billion annually across goods and services.

Various media reports are indicating that Seattle-based digital freight broker Convoy is taking steps to wind down its business operations.

As more companies look to leverage big data and analytics, they are finding a digital supply chain is a must.

Several trends are redefining the warehouse as we know it.