Guest: Stephen Dyke of FourKites on how shippers are adjusting after the Key Bridge collapse; New stats show the health of logistics; Applying Gen AI to business practices

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April 5, 2024 • 19 mins

Our guest on this week's episode is Stephen Dyke, principal solution advisor at FourKites. It has been more than a week since the cargo ship Dalia struck and brought down Baltimore’s Francis Scott Key Bridge. Supply chain managers are working hard to adjust to limited operations at the Port of Baltimore, and shippers are shifting cargo to other ports and road networks. Our guest shares the latest from Baltimore and the current impacts to supply chains.

Economic activity in the logistics industry grew for the fourth straight month in March and marked a continued return to more “healthy and normal” growth levels. That’s according to the latest Logistics Managers’ Index (or LMI) report, which was released this week.

Ever since ChatGPT came out a little more than a year ago, people have been playing around with these chatbots that are powered by generative artificial intelligence, better known as GenAI. But while these tools can definitely do some impressive things in terms of holding natural language text conversations with humans and instantly researching the internet to provide unique answers, how that can actually help us get our work done better and faster is a harder question to answer . We got a little more information this week with the news that KPMG is expanding its relationship with Google Cloud, with the goal to apply GenAI in practical ways in business.

Supply Chain Xchange also offers a podcast series called Supply Chain in the Fast Lane. It is co-produced with the Council of Supply Chain Management Professionals. Go to your favorite podcast platform to subscribe and to listen to past and future episodes.

Articles and resources mentioned in this episode: