The retail sector is under increasing pressure to enhance social and environmental responsibility, with 90% of organizations planning to boost ESG investments. Consumer preferences are shifting, as over 80% are willing to pay more for sustainably produced goods, highlighting a significant market trend. Companies are turning to AI to improve data management and compliance processes, with 58% planning to enhance ESG data collection using this technology.
AI is set to revolutionize supply chain operations by enabling autonomous decision-making and real-time adjustments. However, many brands lack the necessary digital infrastructure to fully leverage AI's potential, primarily due to disorganized data. Establishing a centralized data repository is crucial for unlocking AI's capabilities, allowing businesses to create dynamic, predictive supply chains that can adapt to market demands and regulatory changes.
• 90% of organizations plan to increase ESG investments in the next three years.
• AI is becoming essential for improving supply chain sustainability and compliance.
AI is being integrated into supply chains to enhance data management and automate compliance processes.
Companies are increasingly focusing on ESG to meet regulatory pressures and consumer demands for sustainable practices.
This is crucial for AI systems to make informed decisions in supply chain management.
TradeBeyond is highlighted for its role in enhancing supply chain visibility and compliance through AI technologies.
Manufacturing & Logistics IT Magazine 13month
Textile World 10month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.