2020 HAS been one of the strangest years in our lives. A small virus originating in China has become a massive Black Swan, whose ominous wings have spread across the world, and temporarily or even permanently paralysed many business operations, supply chain processes and even strained sociopolitical relationships across the globe – especially between China and the USA. The relatively calm global economic seas have experienced unsettling churn and uneasiness prevails.
Old habits die hard, but good Samaritans still help communities recover while others chance a sneaky profit – for the shareholders you understand!
A study conducted at the University of Pretoria investigated the reasons behind South African clothing and textile retailers’ decisions to source globally, what risks these firms are exposed to and how these risks are identified and managed.
Mobile app usage increased by 40 percent year-on-year in the second quarter of 2020 and in-app spending hit a record high of $27bn.
Some thoughts on the difference between ordinary demand planning and AI/ML-enabled demand understanding.
Complex supply chains have struggled to keep pace with the demands placed on them in 2020.
For as long as we know, SMEs have always been the lifeline in SA’s economy, a strong contributor to GDP and employment. In fact, according to a 2019 report by Small Enterprise Development Agency (Seda), employment provided by SMMEs increased to 10.8 million in 2019 Q1, accounting for 66 percent of economy-wide employment.
With the right use and research, artificial intelligence and the Internet of Things could create a safer world for us all.
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