Explore supply chain strategies, trends, and insights to optimize operations and enhance efficiency.
Supply Chain
Apple Inc. plans to invest $1 billion in a manufacturing plant in Indonesia to produce components for smartphones and other products. This decision follows Indonesia's ban on iPhone 16 sales in October due to non-compliance with local content regulations, which require at least 40% of parts in domestically
Supply Chain
In a recent policy shift, former President Donald Trump announced plans to reintroduce tariffs on steel and aluminum imports, aiming to bolster domestic manufacturing and protect American jobs. However, this move includes specific exemptions for certain countries, reflecting a strategic approach to international trade relations. Background on Tariffs During his
Robotics
Pickle Robot Co., a Massachusetts-based automation provider specializing in truck unloading, has secured $50 million in Series B funding. This investment, led by an undisclosed strategic customer and supported by Teradyne Robotics Ventures, Toyota Ventures, Ranpak, and others, aims to accelerate the development of new features and expand the company&
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