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Continuing the Integrated Supply Chain Management Concept

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Core Principles of Integrated Supply Chain Management Integrated Supply Chain Management (ISCM) is built on a foundation of core principles that guide its implementation and ensure the attainment of sustainable value. One of these principles is the concept of the remote cause, which emphasizes the importance of conducting a thorough review of all established norms, processes, and procedures before initiating any activity. This ensures a comprehensive understanding of the environment in which decisions and actions are made. The ultimate goal is to achieve efficiency and optimization, resulting in what is known as Absolute Value. Understanding Absolute Value Absolute Value refers to the actual gain derived from an activity, decision, or action. It represents the life-cycle composite gain, which is directly correlated with three key aspects: Predictive Results : The maximum returns achievable through strategic planning and execution. Progressive Results : The accelerated rate of ret...

AI "Deckhand" Could Revolutionize Crab Fishing, Reducing Labor Demands

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Crab fishing is an arduous task that requires measuring and categorizing crabs along with documenting information. SeafoodAI's CrabScan360 is developed to mechanize jobs typically performed manually, enhancing productivity. This piece is part of " How Artificial Intelligence Is Transforming Every Aspect: The Supply Chain a program about advancements in logistics. Crabbing is grueling work. First, fishers get their crab traps ready. Next, they set sail and deploy these traps into the sea. While aboard their vessels, they utilize equipment to log the exact locations of where the traps settle at the bottom of the ocean. Afterward, they return to shore and await their catch. Subsequently, within 12 to 24 hours—or sometimes as long as a week—fishermen come back to those exact spots, haul up their traps, and check what they've caught. Here is where the actual labor starts. Each region follows specific guidelines for the dimensions and mass of ...

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