Nordstrom is actively transforming its operational framework by integrating artificial intelligence (AI) into its core procurement functions. The retailer is developing its sourcing strategy and signi
by AI’s Influence Reshapes Online Retail Logistics
Online shoppers increasingly prioritize speed and convenience, a growing consumer demand that highlights the critical importance of strategic inventory positioning for businesses. This shift in expect
by AI Offers New Avenues for Ocean Carrier Cost Savings
Ocean carriers are currently navigating a challenging financial landscape. Limited opportunities for large-scale consolidation exist within the industry. Consequently, freight rates face significant p
by Happy Returns Deploys AI to Combat Product Return Fraud
UPS’s Happy Returns division is piloting a new artificial intelligence (AI) tool designed to combat “decoy returns fraud.” This specific type of fraud involves customers returning a different, often c
by AI Transforms Rail Merger Oversight
Artificial intelligence is poised to fundamentally transform how US regulators evaluate rail mergers, beginning with the proposed UP-NS combination. This marks an unprecedented shift for the industry,