New RELEX Study Reveals AI’s Untapped Potential: Retail and CPGs Yet to Fully Embrace Technology that Drives Demand Forecasting Accuracy

A new global study by RELEX Solutions, a leading provider of unified supply chain and retail planning solutions, reveals that while 57% of retailers and CPG companies plan to invest in predictive and generative AI in the next 3-5 years, AI and machine learning (ML) ranked just fifth in importance for overall technology spend behind enhancing e-commerce capabilities, improving inventory management, demand forecasting, and leveraging data analytics. This suggests that companies may be underestimating AI's role in tackling consumer demand volatility. 

It’s sweet-sarap smiles for the Arellanos as the newest Jolly Spaghetti Ambassadors

Jollibee has brought happiness to Filipinos across the world, and one treat that always makes kids smile is the irreplaceable sweet-sarap goodness of Jolly Spaghetti. It gets even more exciting, as Iya and Drew Arellano, along with their kids - Primo, Leon, and Alana, have been announced as the newest Jolly Spaghetti Ambassadors.

Empowering Communities for Sustainable Land Management

While global awareness of forests' significance has grown, Southeast Asia grapples with ongoing forest loss. The region has lost approximately 80 million hectares of forest between 2005 and 2015, with projections indicating further shrinkage or growth. In the Philippines, the Food and Agricultural Organization estimated that the country has the second fastest deforestation rate in Southeast Asia and seventh globally between 2000 and 2005, losing roughly 2.1% of its forest cover annually. The cause for the loss is human activities like converting forests to farms, using trees for fuel, illegal logging, and clearing land for mining all contribute to this rapid decline.