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by | Nov 19, 2024

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Trendwatch #022: November 19th, 2024
Welcome to this week’s edition of TMX Trendwatch, your go-to resource for staying ahead in the ever-evolving supply chain and logistics landscape.

This week, we explore topics ranging from tariffs and workforce innovation to the transformative role of generative AI in supply chain management.

Let’s dive into the key stories shaping the future of the industry.

This Week’s Top Stories

 

Generative AI Reimagines Supply Chain Operations

Generative AI is revolutionizing supply chain management by optimizing demand forecasting, automating processes, and enhancing decision-making. Discover how companies are leveraging this technology to reimagine their operations and achieve unprecedented efficiencies.

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Trump-Era Tariffs: Preparing Supply Chains for Potential Changes

Manufacturers are bracing for the potential reinstatement of tariffs on Chinese imports, which could disrupt global supply chains yet again. This article outlines strategies businesses are deploying to adapt, such as diversifying sourcing options and improving resilience to geopolitical shifts.

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What Supply Chain Term Will Be Top of Mind in 2025?

What’s the buzzword of the future? This article dives into predictions for the most discussed supply chain term of 2025, reflecting trends in sustainability, technology, and global connectivity that will shape industry priorities, and features our Chief Executive Officer, Mark McEntire.

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Harnessing AI for Sustainable Supply Chains

Artificial intelligence is emerging as a powerful tool for driving sustainability in supply chains. This article explores how AI is helping organizations reduce waste, lower carbon emissions, and improve overall environmental impact while maintaining profitability.

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Shippers Brace for Impact as Freight Rates Climb

Freight rates are on the rise, driven by heightened demand, supply chain disruptions, and geopolitical tensions. This increase is placing significant cost pressures on shippers, who are now exploring strategies to mitigate the impact. From optimizing shipping routes to renegotiating contracts, the industry is seeking ways to maintain efficiency and profitability in a challenging market.

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