Life Sciences

New Supply Chain and Warehousing Solutions​

The use of artificial intelligence (AI) in supply chain management is already revolutionizing the way businesses approach logistics and warehouse management. Adoption of technologies such as driverless trucks, robotics, drones, and self-driving vehicles can streamline logistics and save millions in operating costs. AI can also be used for predictive analysis in demand forecasting, allowing managers to better understand what to stock and when. The use of chat bots in procurement can also reduce waiting times for customers. Overall, a varied combination of AI and other technologies is needed to solve global supply chain issues and optimize warehouse efficiency.

Gold ends 2022 near 6-month high

Gold futures hovered near a six-month high Friday, ending the year little changed. Price action Market drivers Gold rose this week as a softer U.S.