A recent study conducted by Future Market Insights, Inc. predicts a staggering 15.6% surge in the cognitive supply chain market, reaching a whopping US$ 40.4 billion by 2034. This groundbreaking research highlights the increasing demand for advanced technology in supply chain management, with a focus on cognitive solutions that utilize artificial intelligence and machine learning. The study also delves into the potential impact of this growth on various industries and the global economy as a whole.

In today's competitive business landscape, companies are constantly looking for ways to increase profits and decrease costs. According to Forbes, supply chain leaders are under pressure to achieve both of these goals while also scaling up production. This can be a daunting task, especially when faced with challenges such as geopolitical uncertainty and fluctuating raw material prices. However, there are a few strategies that can help reduce supply chain costs and improve efficiency. One of these is implementing engineering changes automation, which can significantly improve cycle times and reduce costs.

The U.S. Partnership for Assured Electronics has chosen Exiger as its strategic technology partner to promote access to resilient and trusted electronics supply chains for the U.S. government. This partnership aims to ensure the security and reliability of electronic components used in critical government systems and infrastructure. With Exiger's advanced technology and expertise, the U.S. government can have confidence in the integrity of its electronics supply chain.