The new system — launched as collaboration with beverage company Diageo — expands Asda's selection of liquor from up to 26 products to 50.

With AutoPilot and AutoPilot Central, the company says, supply chain managers can reduce planning time by 97%, reduce inventory waste by 13%, and optimize labor planning, among other benefits.

Discrepancies between inventory records and what’s actually available on store shelves and in warehouses are all too common. Retailers end up with “phantom inventory.”

As we’ve seen over the last few years, planning and forecasting alone haven’t been enough to deal with the delays and shortages rippling through global supply chains.

Growing uncertainties in global supply chains necessitate a fresh approach to inventory strategy, says Warren Owen, vice president solutions consultants with Netstock.

A case study about the application of drones employing artificial intelligence to the warehouse operations of Romark Logistics.

Retailers have an opportunity to prioritize a more sustainable supply chain. But how can they do this while continuing to grow the business?

The two insulin drugs will be temporarily out of stock through the beginning of April, according to Eli Lilly. 

With proper human oversight, NLP can reduce supply chain challenges even before they occur, thus potentially saving companies substantial time and money.