Covid-19 and the Rapid Acceleration of Online Commerce

Covid-19 and the Rapid Acceleration of Online Commerce

Over the last ten years, online shopping has experienced slow and steady growth from a relatively small group of consumers who frequently shopped online. As a percent of total retail sales, online shopping has increased about 1% per year to 16% of total retail sales in 2019. It’s been a clear trend that was widely expected to continue sustained, albeit somewhat slow growth.

Fast forward to 2020, and to see how Covid-19 is reshaping purchasing habits…

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Ways to think about the Supply Chain of the Future: Artificial Intelligence

Ways to think about the Supply Chain of the Future: Artificial Intelligence

The fact that supply chains and logistics companies already have a vast amount of data and processes that could be turned into actionable insights rather quickly, just means that there is potential for AI to take supply chains on a journey from very good to perfect.

Artificial intelligence techniques allow for vast amounts of data to be analyzed, categorized, and then turned into actionable insights with reduced or no human input. As an example,

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