AI and data are helping McDonald's bring together supply and demand. By tying personalized recommendations to its entire supply chain network, the fast-food chain has created a new way of managing its inventory and promoting key products.
GlaxoSmithKline has been working with IBM and other big brands to develop a new blockchain supplier network.
The act of facilitating supply and demand is no mean feat. Things used to be slightly easier back in the day as companies would tend to favor geographically proximate suppliers from which to source goods and services.
Environmental issues have been hitting the headlines a great deal in recent years. As the effects of man-made climate change begin to be keenly felt across the globe - through more extreme weather, for example - there is a great need and desire for companies to find more environmentally-friendly ways of carrying out their business.