Wintrust Business Minute: Medline announces partnership with Microsoft for new artificial intelligence tool

Wintrust Business Lunch

Steve Grzanich has the business news of the day with the Wintrust Business Minute.

Northfield-based Medline will use artificial intelligence to improve the resiliency of the health care supply chain. The company has announced a partnership with Microsoft and will use a new tool called Mpower. According to Crain’s, it’ll analyze customer and supplier data to make complicated inventory management more manageable and predictive. The partnership comes at a time when the medical supply chain has been stressed by recent hurricanes and resulting shortages. Medline says Mpower will smooth out bumps in supply chain and inventory management while lowering costs for customers.

Also, Deere & Co. has announced a new round of layoffs as demand for farm equipment slows. Listen for more below:

https://serve.castfire.com/audio/6994409/6994409_2024-10-17-173509.64kmono.mp3

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