Impacts of Artificial Intelligence in Supply Chain

What is Artificial Intelligence? Artificial intelligence (AI) is an area of computer science that emphasizes the creation of intelligent machines that work and react like humans. Some of the activities computers with artificial intelligence are designed for include: Speech recognition. Artificial intelligence is already powerful and continuing to grow. Everything from self-driving cars to social media is being defined by…

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What is Retained Earnings and the steps to create Retained Earning?

What is mean by Retained Earnings?  Retained earnings are the portion of a company’s profit that is held or retained and saved for future use. Retained earnings could be used for funding an expansion or paying dividends to shareholders at a later date.   Retained Earnings (RE) are the portion of a business’s profits that are not distributed as dividends to shareholders but instead are reserved…

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5 Technologies for freight industry

The logistics industry is at the forefront of embracing new technologies to improve efficiencies and transparency. According to the Logistics, Supply Chain and Transportation 2023 report by Forbes Insights, nearly two-thirds of logistics executives say they expect technology to deliver significant productivity gains. Here is our rundown of the five technologies that will have the…

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