Remove 2024 Remove Inventory Remove Manufacturing Remove Sourcing
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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

However, it’s only early February 2024, and we already have several major disruptions impacting supply chains. As Alan Amling at the University of Tennessee put it, “2024 is riddled with uncertainty.” Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent.

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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month.

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Why Sustainability is Becoming Critical for Manufacturers in 2024

OptiProERP

In an era where environmental concerns are taking center stage, sustainability has emerged as a critical driver of success for manufacturers, big and small. Governments, consumers, and stakeholders increasingly prioritize sustainable practices, urging manufacturers to reevaluate their operations.

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The Backorder, March 27 2024

Unleashed

million new jobs last year, while the use of AI in restaurants shot up by 31.61% according to data from the 2024 StartUs Food & Beverage Report. Over 1/3 of manufacturers struggling with data. A recent Hexagon report found that although manufacturers are increasingly data-focused, many are facing challenges with decision-making.

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The Backorder, March 20 2024

Unleashed

In this issue: The latest in global supply chain news 5 secrets you can steal for better cash flow Growth advice from the founder of a healthy soda brand Job opportunities from Fujitsu, Tesla, and more In the supply chain headlines Manufacturing profit margins recovering. Learn more in the latest Manufacturing Health Index report.

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Tesla’s Q1-2024 Financial Performance- Calling an Audible

Supply Chain Matters

Supply Chain Matters provides key highlights and added supply chain and production perspectives on Tesla ’s recent report of Q1-2024 financial performance. billion, a reflection of increased price discounting and a building inventory of unsold vehicles. Financial headlines included quarterly total revenue declining 9 percent to $21.3

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Just-In-Time Management – How to Manage Inventory in 2024

ThroughPut

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.