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Interos surveyed 750 companies with annual revenues above $500M from industries including energy, financial services, oil and gas, healthcare, government and aerospace.
The news comes just a couple of days after reports surfaced about Amazon offering sellers an AI tool to help them write product descriptions.
With the grand opening of the new 650,000-square-foot central distribution center, Cooper was able to triple the Learning Lab training area.
The 2.25-million-square-foot warehouse is scheduled to open in 2025.
The change is part of Allied's strategy to 'transform from a products-based business in motion control to a solutions-oriented company.'
As a result of the consolidation, about 500 Republic Steel employees will be furloughed indefinitely.
Amazon is already using AI to sort damaged goods, while Walmart uses ChatGPT to negotiate contracts with some suppliers.
New orders of manufacturing technology totaled $411.3M in June, according to the latest U.S. Manufacturing Technology Orders Report.
The company says the acquisition expands its beverage packaging capabilities and strengthens its position in North America.
The distributor also announced a new leader for its Industrial Parts and Engineered Repair Services segments.
