Explore supply chain strategies, trends, and insights to optimize operations and enhance efficiency.
Transportation
Uber Freight has introduced "Broker Access," a program granting freight brokers direct entry to its carrier network and digital platform. Building upon the 2021 "Market Access" initiative, Broker Access enables brokers to automate load execution without significant technology investments, leveraging Uber Freight's extensive carrier
Supply Chain
China is on the verge of achieving a record-breaking $1 trillion trade surplus, a development that has intensified global trade tensions. This substantial surplus is primarily due to China's robust export growth, particularly in sectors like technology and manufacturing. The United States and the European Union have expressed
Taxes
The re-election of Donald Trump has reignited discussions about tariffs and their potential impact on U.S. businesses. During his campaign, Trump proposed imposing a 60% tariff on Chinese goods and a 10% to 20% tariff on all other imports. These measures aim to protect domestic industries and reduce trade
Food
In a surprising heist targeting one of Britain’s beloved cheesemongers, fraudsters posing as a legitimate French wholesaler managed to steal nearly £300,000 ($390,000) worth of cheddar cheese from Neal's Yard Dairy. This London-based dairy, famous for its commitment to supporting small-scale British cheesemakers, fell victim
Artificial Intelligence (AI)
OpenAI CEO Sam Altman has highlighted a significant challenge facing the company: a lack of sufficient computing power is delaying the rollout of new products. During a recent event, Altman noted that as demand for AI capabilities continues to grow, the constraints in compute resources have hindered the company’s
Supply Chain
Many companies grapple with the issue of excess stock, regardless of their industry. This surplus inventory problem extends beyond just tying up financial resources; it also inflates storage expenses and risks product obsolescence. Efficiently managing stock levels is thus crucial for trimming excess and streamlining business operations. This piece explores
E-commerce
Efficient shipping operations are the backbone of a successful business. As customer expectations continue to rise, streamlining order fulfillment processes has become paramount. With the right shipping software, businesses can automate tasks, reduce costs, and provide exceptional customer experiences that foster loyalty and drive growth. From seamless carrier integrations and
![Cosmico - What is [Gen AI] and the Future of Work?](/content/images/size/w600/2024/01/gen_ai_generation_ai_future_of_work_2024_cosmico_business_tech_insights.jpg)
Artificial Intelligence (AI)
Gen AI, or Generative Artificial Intelligence, is a term used to describe the growing population of artificially intelligent beings. These beings are not human, but rather digital entities that can perform a variety of tasks and functions. Gen AI is becoming increasingly prevalent in our society, and its impact on
Supply Chain
Effective inventory management is a crucial component of running a successful business, whether it's a small retail shop or a large multinational corporation. It involves overseeing the ordering, storing, and usage of a company's goods, materials, and products. Proper inventory management is essential for maintaining the
Business
In today's fast-paced and interconnected business world, the old saying, "It's not what you know, but who you know," has never been more relevant. This adage underscores the importance of strategic partnerships in driving growth and success. Strategic partnerships, when established and nurtured effectively,
E-commerce
Finding the right supplier is a critical step in the success of any business that involves the sale of physical products. Whether you're a budding entrepreneur or an established company looking to expand your product line, a reliable supplier is essential to ensure quality, consistency, and competitiveness. In
Supply Chain
In today's fast-paced global economy, the efficient movement of goods and services has become a cornerstone of success for businesses of all sizes and industries. This critical aspect of operations is known as logistics. Logistics management encompasses a complex set of processes that involves the planning, implementation, and