Sometime in 2017, Paccurate made the leap from bin packing algorithm to artificial intelligence. No, it didn’t become self aware and start plotting to overthrow its human masters (we’re pretty sure). Rather, it gained the ability to make real-time decisions based on a data set far too complex for a human to consider.
Recent hot takes on the “new normal” of supply chain have become a subgenre of punditry, and you may be tired of seeing them. Macro trend analysis is all well and good, but the moment we’re in is replete with more pressing practical concerns that need action. Let’s walk through a couple of examples.
As of January 1, 2024 both FedEx and UPS have implemented an average of a 5.9% increase across a range of their services which is 1% lower than the 6.9% increase we saw in 2023.