Supply Chain Matters

MARCH 6, 2024

In February of 2021, Supply Chain Matters highlighted a memorandum of understanding with global contract manufacturing provider Foxconn Technology for volume production. Reportedly, only 4,900 vehicles have been delivered to customers, the remaining in finished vehicle inventory and valued at half a billion dollars in tied-up capital.

Sourcing Strategies 52

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Unleashed

JUNE 23, 2021

2021 has been a tumultuous year, marking a transition period from the chaos of 2020 through to the beginning of the post-Covid-19 recovery. Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. 10 inventory management for 2022: 1.

Inventory Management Software 80

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Supply Chain Matters

JANUARY 19, 2024

retailers are already experiencing notifications of extended arrival times of ordered inventory. This comes as many retailers have taken aggressive strides to reduce their prior inventory surpluses, some of which date back to effects of the global pandemic. Some European and U.S. All rights reserved.

Shipping 52

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ToolsGroup

FEBRUARY 7, 2022

As 2021’s holiday shopping statistics proved, pandemic or not, consumers are willing to spend. (My When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. Data source: eMarketer. in 2021, compared to 42,000 sq.

Supply Chain Planning Software 177

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The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

As we finish 2021, the supply chain is front and center with challenges reported across the globe; across multiple industries from consumer products through to automotive. By 2024, 40% of APeJ-based supply chain forecasts will be automated through the use of artificial intelligence, improving accuracy by 5 percentage points.

Predictive Analytics Software 246

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ToolsGroup

OCTOBER 3, 2022

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” Source: Bloomberg.com. Leaked internal research reveals Amazon is at risk to run out of workers for its US warehouses by 2024.

Optimal Sourcing 156

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Logistics Viewpoints

MAY 19, 2023

That assessment comes as a result of 10 months of subdued demand, inventory de-stocking, and high interest rates, the New Jersey-based company said in its “The GEP Global Supply Chain Volatility Index.” But a key focus right now for Amazon is using AI to figure out where to place its inventory. billion between 2022 and 2024.

Logistics Network Optimization Software 213

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ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Department of Commerce International Trade Commission , the percentage of retail sales sourced from ecommerce is predicted to increase into 2024–well beyond the lockdowns that caused the initial rise in ecommerce spend.

Retail 296

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SCMDOJO

APRIL 15, 2024

With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems. Source Amazon Product Range One of the key drivers of Amazon’s success in logistics is the sheer breadth of its product range. Billion US Dollars), followed by Europe and potentially Asia.

Logistics Network Optimization Software 81

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Logistics Viewpoints

FEBRUARY 3, 2023

In 2021, the company eliminated a prior offer of free delivery for Whole Foods Market shoppers, tacking on a $9.95 The partnership will kick off by first sourcing Walmart’s California stores with Plenty’s leafy greens from its Compton farm. Members can still get free delivery if their carts are more than $150. service fee.

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Supply Chain Matters

NOVEMBER 6, 2023

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. percent in 2024. The October PMI reported value fell to a three-month low of 48.8, down from the 49.2

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Resilinc

JULY 26, 2022

more units than it did in Q2 2021, according to Gartner’s estimates. In guidance released ahead of its quarterly report, Samsung estimated a 21% bump in revenues and 11% increase in profits over Q2 2021. Foxconn will follow the Lordstown deal by building Fisker’s Pear model at an “Ohio factory starting in 2024.

Manufacturing Procurement 62

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QAD

MAY 23, 2023

This sounds simple enough, but we all know it’s a very complex issue and that’s partially because ESG concerns touch every part of the value chain, from the field or mine where raw materials are sourced to the packaging and transport modes used to bring your finished product to market. The International Labor Organization reports that 27.6

Procurement Solutions 92

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Supply Chain Matters

APRIL 4, 2024

The software and managed services of this provider were augmented with the acquisition of New South Wales based Pegasus in 2021. Gather AI Raises $17 Million in Series A Funding Computer vision and AI-powered warehouse inventory monitoring technology start-up Gather AI has announced $17 Million Series A-1 funding led by Bain Capital Ventures.

Supply Chain Design Software 40

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Supply Chain Matters

SEPTEMBER 6, 2023

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The inventories index decreased 2.1 manufacturers are continuing to draw down inventory levels. Further reported was the fastest uptick in new orders since January 2021. Manufacturers Two indices of U.S.

Manufacturing Procurement 52

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Enterra Insights

JANUARY 7, 2020

Supply chains will be able to procure, source, manufacture and handle logistics across a broad array of players including small to medium businesses. Intelligent order management: Supply chains will orchestrate the perfect order and master inventory visibility. ” 5. . They offer up ten such predictions. Prediction 1.

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Stord

MAY 2, 2022

While the rest of the world adopts cloud technologies to help them break down silos and integrate communication, companies continue to use disparate applications and tools for managing orders, evaluating inventory, and shipping goods. Q1 2021 saw 39% year-over-year growth in US e-commerce sales. If your inventory is in St.

Supply Chain Planning Software 78

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Synovos

JULY 24, 2023

In November 2021, RS launched its 2030 ESG action plan, entitled ‘For a Better World’, which has four global goals and 15 ambitious actions for 2030. This has been made possible through modal shifts from air to sea or air to road and optimizing its supply chain to source, store and ship more products locally.

Inventory Reduction 52

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Resilinc

AUGUST 30, 2023

The impact of the bottleneck goes beyond the canal itself, causing delays in container shipping and inventory replenishment along various shipping routes. Another lever that supply chain managers need to consider is how, when, and where they deploy inventory. Are there alternatives to the Panama Canal?

Panama 62

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C3 Solutions

JULY 28, 2020

What's interesting is how the use of IoT technologies to track inventory throughout the supply chain can dovetail with the kind of visibility you gain when you implement a best-of-breed dock scheduling system from C3 Solutions. billion connected items, growing to 25 billion by 2021. billion by 2021. IoT Evolution.

Internet of things 78

Internet of things Retail Real-time Visibility Optimal Sourcing 78

Supply Chain Game Changer

OCTOBER 8, 2020

Prediction 1: By the end of 2021, half of all manufacturing supply chains will have invested in supply chain resiliency and artificial intelligence, resulting in productivity improvements of 15%; Prediction 2 : By 2022, firms will dedicate 35% of their logistics business process outsourcing services budget to process automation, focusing on order, (..)

Predictive Analytics Software 74

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Supply Chain Matters

MARCH 27, 2024

There are two other harbor crossings but the prospects for high levels of traffic congestion loom large, especially for just-in-time inventory replenishment movements. Bob Ferrari © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. East Coast port presence helps in this determination.

Baltimore 52

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Supply Chain Matters

APRIL 14, 2023

Judging from this column’s updates since the start of this year, supply chain management technology is still garnering investment interest in Series A and Series B levels but our sources indicate that investment cycles are far more lengthy and rigorous, with an added focus toward time to profitability. while securing a $5.4

Supply Chain Design Software 52

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Supply Chain Matters

MARCH 13, 2023

billion in 2021. Included in the results were noted inventory charges and losses on firm purchase commitments of $920 million as of December 31, 2022 compared to $95 million as of December 31, 2021. billion in 2023, and reaching positive gross profit by 2024. Reported net operating loss for the fiscal year was $6.8

Supply Chain Planning Software 52

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Unleashed

MARCH 22, 2022

The growing popularity of NoLo drinks as compared with regular alcohol is reflected in the growth of NoLo’s global market share, which increased 6% in 2021. NoLo growth is forecast at 8% CAGR for 2021–2025 – and in the same period, regular alcohol is expected to grow at 0.7% CAGR (IWSR). taps as Heineken Original ones in pubs.

Procurement Analytics 98

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Supply Chain Matters

NOVEMBER 10, 2023

It was initially believed that the engine recall will affect upwards of 1,200 engines produced between 2015 and 2021. The next batch of 600-700 engines will reportedly require unscheduled inspections and/or removals in the 2023 through 2026 period, with reportedly two-thirds weighted toward this year and into early 2024.

Supply Chain Planning Software 52

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ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Carriers Will Lower Rates But Keep Many Others.

Agile and Lean Supply Chain 78

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Intelligent Audit

NOVEMBER 22, 2022

Recent inventory corrections have caused carrier volumes to stagnate, frustrating carriers and highlighting hopes for volume normaliza t ion in 2023. consumers a whopping 23% more than in 2021. Despite carrier hopes, peak season 2023 is starting to look like a bust. YoY Volume Lapses Worry Air Cargo Companies. Roughly 2.5%

Turkey 52

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Supply Chain Matters

MARCH 17, 2023

In its reporting TechCrunch observed that in its first year as a public company, Qualtrics stock value mostly traded above its $30 IPO price but over the last twelve months, the tech provider’s market value has plummeted from $28 billion in 2021 to around $5 billion towards the end of 2022. Dr. Plattner’s term expires in May 2024.

Supply Chain Design Software 52

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Unleashed

JANUARY 28, 2021

Sources: IBIS World Coffee Bean Distributors in Australia July 2020. Sources: IBIS World Coffee Processing in the UK June 2020. Sources: IBIS World Coffee Production in the US October 2020. Source: IBIS World Tea, Coffee and Other Food Manufacturing in New Zealand November 2020. Consumption: 1.91 kg per person.

Manufacturing Procurement 59

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Unleashed

OCTOBER 25, 2021

And we’re seeing much more interest in whether food and drink is ethically sourced and sustainably produced: 69% of UK consumers now say this is important to them. Data from five weeks of outdoor trading in 2021 shows world lager and premium 4% lager – the categories craft beers usually fall into – accounted for 34.6%

Beverage 98

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Vinculum

NOVEMBER 10, 2021

As per the e-market report, digital sales around 6 trillion dollars USD by 2024. They want everything on hand and at their doorstep, and they are in contact with the source to get the desired products. By 2021 it was estimated to have $ 21.15 There is a change in the shopping pattern to attract customers. D2C and its benefit.

Inventory Reduction 52

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