Price Route optimization Supply Chain Optimization 
SCMDOJO
JULY 16, 2024
Dynamic pricing: Implementing dynamic pricing structures can incentivize customers to schedule deliveries outside peak times, therefore helping to balance demand fluctuations. Solutions: Route optimization: Using technology to optimize delivery routes reduces travel time and fuel consumption. Chen et al.,
Supply Chain Collaborator
FEBRUARY 20, 2015
The Wall Street Journal reported recently on UPS’s project Orion, a ten year, $300 million technology build intended to optimize delivery routes for the tens of thousands of trucks the parcel giant has on roads across the globe daily. 190 possible alternate routes.
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SCMDOJO
NOVEMBER 18, 2023
Dynamic Pricing. Airlines and hotel chains employ machine learning to modify rates according to your browsing history, occupancy rates, and demand. This dynamic pricing approach optimizes profits. Applications include predictive maintenance, self-driving automobiles, and route optimization.
Una
APRIL 23, 2024
How Machine Learning is Transforming Supply Chain Management Machine learning applied to supply chain management allows businesses to enhance decision-making and streamline operations. Machine learning, a subset of AI, has emerged as a game-changer in the world of supply chain management.
Supply Chain Game Changer
FEBRUARY 18, 2021
Subscribe to Supply Chain Game Changer. This is the time online retail businesses need to optimize and improve their supply chain and logistics processes. They need to bring in advanced routing capabilities, improve visibility of end-to-end logistics operations, boost productivity, etc. Subscribe Here!
Finale Inventory
AUGUST 14, 2024
Hospital supply chain management plays a key role in the efficient operation of healthcare organizations. In an industry where patient care is paramount, having a well-managed supply chain is important for ensuring timely delivery of medical equipment, medications, and other necessary supplies.
Supply Chain Collaborator
AUGUST 20, 2015
The Collaborator has been reviewing respected sources of industry analysis to gain perspective on the trends being predicted to materialize in supply chain logistics for 2016. Gartner suggests the growing emphasis on wringing efficiencies from the supply chain will drive the adoption of more complete, single-source solutions.
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