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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. In short, they help users make better decisions, much faster, resulting in improved financial performance, inventory efficiency, and customer satisfaction. Get the insights you need.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Source: Consultancy.UK.

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Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

These technologies can examine huge portions of data from multiple sources, and recognize patterns and tendencies that would be impossible for humans to discern. As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts. billion by 2026.

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Streamlining Success: Unveiling the Power of Order Management Software in Supply Chain Optimization

SCMDOJO

In the supply chain, order management and inventory management play significant roles in rapid growth. It has three major parts: Inception of order; Order readiness (sorting, collecting, packing, and dispatch); Inventory administration. billion figure by 2026, which was $1.0 It can be problematic and require practical solutions.

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Air Cargo is Gaining Momentum in 2023

American Global Logistics

billion in 2026. Businesses now source materials and sell products globally, increasing demand for efficient and reliable logistics services. Reduced Inventory Costs : The speed of air cargo allows businesses to exploit lean inventories. Furthermore, the growth of e-commerce stands to explode from $6.31

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Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

Supply challenges arising from the war will hit many industries, with electronics being a prime example, since Russia and Ukraine are both sources of materials such as palladium and neon , vital for the manufacture of semiconductors. However, emptying the contents of silos into the holds of ships is only one small part of the problem.

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Everything Ecommerce Companies Need to Know About Subscription Commerce

ShipBob

‘Subscribe and Save’ With a “subscribe and save” model, the same products are shipped on a recurring basis to subscribers. Opportunity #1: More predictable revenue and inventory. Source high-quality products. Take time to source high-quality products. What is the subscription model in ecommerce?

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