January 27, 2022
“Businesses that have been ordering goods earlier and in larger volumes to guard against shortages are on a knife’s edge, balancing between the possibility of lost sales and the risk of getting stuck with excess or outdated inventory.”
At least optimizing routes can create a marginal benefit at the competitive edge.
“Amitruck runs an online service, which connects the sellers of goods with the continent's fragmented trucking firms. The start-up currently works with more than 6,000 truck drivers.”
Digitalization and optimization always help.
“Only a year ago, startups developing robotaxis were pulling in eight times more funding than firms working on autonomous trucks, buses, and logistics vehicles, but the gap has narrowed dramatically in 2021.”
Autonomous vehicles are embodied examples of digitalization and optimization.
“Today’s supply-chain bottlenecks are creating shortages, propping up inflation, and preoccupying policymakers around the world.”
Optimization can lead to decreasing costs to fight inflation and increase stability.
“U.S. companies with contracts to buy only renewable power are still relying heavily on fossil fuels because of a lack of clean-energy supplies, a Columbia University study has shown.”
The green transition may start with reducing the consumption of fossil fuels.
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