Over the past two years, a series of unexpected events has scrambled global supply chains. COVID-19, the war in Ukraine, Brexit and a container ship wedged in the Suez Canal have combined to delay deliveries of everything from bicycles to pet food.
In response, a growing group of start-ups and established logistics firms has created a multibillion-dollar industry applying the latest technology to help businesses minimize the disruption.
Interos Inc, Fero Labs, KlearNow Corp and others are using artificial intelligence and other cutting-edge tools so that manufacturers and their customers can react more swiftly to supplier snarl-ups, monitor raw material availability and
LONDON: Over the last two years a series of unexpected events has scrambled global supply chains. Coronavirus, war in Ukraine, Brexit and a container ship wedged in the Suez Canal have combined to delay deliveries of everything from bicycles to pet food.
Over the last two years a series of unexpected events has scrambled global supply chains. Coronavirus, war in Ukraine, Brexit and a container ship wedged in the Suez Canal have combined to delay.
Future supply chain interruptions are inevitable, say industry analysts. In response, a growing group of startups and logistics firms is using artificial intelligence to make sure no shampoo bottle or bicycle gets left behind.