Newsmakers - Jul 25th, 2023
 
 
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Jul
25

Newsmakers

 
In The Spotlight
Companies already using AI-powered solutions have achieved a 65% increase in service levels, 35% increase in inventory levels and15% savings in logistics costs.
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The goal is to find the root causes of worker injuries, and "align their business practices with the goal to ensure worker health and safety.,”says Doug Parker.
However, the slowdown is expected to be short-lived and is predicted to pick up again by 2025.
Sales will continue as back-to-school and college spending is expected to set new records, says NRF.
"Collaborating with academia’s best and brightest will fuel the exploration of new technology and innovative approaches, which will inspire the supply chain of the future,” said Michael Field, CEO, The Raymond Corp.
While 89% of suppliers said customers trust their supply chain operations, only 68% of customers felt the same.
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We may see them take to the air by 2025 in central Florida.
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Download this resource and uncover what metrics your peers are using to drive improvement at their distribution centers, as reported by the 2023 Warehousing Education and Research Council (WERC) DC Measures Report.