AI PROVES ITS WORTH - ARGOSUS
AI PROVES ITS WORTH - ARGOSUS

AI PROVES ITS WORTH

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AI PROVES ITS WORTH

 

As AI adoption increases, a recent survey conducted by McKinsey shows that a majority of companies that has adopted AI has seen an increase in revenues in the business areas it is used, and 44% say AI has reduced costs.

 

 

 

For Supply-chain management, the functions that have shown more returns are logistics-network optimization, sales and parts forecasting, warehouse optimization, inventory and parts optimization, spend analytics, and sales and demand forecasting.

 

In addition, the survey also reports that more companies are beginning to scale AI and the pace of adoption will likely continue in the near term, with 74% of respondents whose companies have adopted or plan to adopt AI saying their companies will increase their AI investment in the next three years. More than half of these respondents expect an increase of 10% or more. When we look into high performance companies, they plan to increase investment in AI by 50% or more in the next three years.

 

Source: McKinsey

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COVID-19 GUIDANCE

 Subject: To all visitors, drivers and transportation companies 

The purpose of the communication below is to align with our associates, to practice safe social distancing, and to comply with the COVID-19 guidelines within ARGOSUS. 

As an action to prevent dissemination of the COVID-19, ARGOSUS has decided to work in reduced hours as informed in one of our previous notifications; please read carefully the information below according to your location guidelines: 

Headquarter (Key Biscayne, FL): 

• To maintain 6’ social distancing, employees are not allowed to use the common living areas and work scales will be implemented. Visitors are not allowed. 

Distribution Center (Frankfort, KY): 

• If you need to proceed with a shipment or pick up, please get in touch with your customer service contact to schedule a time. 

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When ARGOSUS returns to full production the below safety precautions will be put into place for our associates, drivers and suppliers’ safety. 

Thank you for your support in keeping everybody safe during these unfortunate times. Our goal is always to keep everyone safe and healthy.