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The Warehouse Execution System: A New Competitive Imperative

Logistics Viewpoints

billion in 2029 , reflecting an average annual growth rate of 14.3%. The typical benefits of a WES include an 80% reduction in administrative costs, a 12% increase in units-per-hour, and a 15% improvement in throughput. Driven by these benefits, the global market for warehouse execution systems is expected to grow from $1.22

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Trends 2024: Artificial Intelligence

Enterra Insights

He told the audience, “By 2029 AI will pass the Turing test, and by 2045 it will reach a ‘singularity’ ”[8] Concluding Thoughts Mirabella concludes, “The future of AI is bright, and with the right approach, we can benefit from the advancements in AI technology while also tackling its challenges.”

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Inflation Reduction Act & What It Means for EV Production

QAD

The required portion starts at 50% in 2023, increasing another 10% each year until it reaches 100% in 2029. A certain percentage of the vehicle’s battery components must be manufactured or assembled in North America. Meets Battery Mineral Sourcing Requirements.

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Choosing the Right WES: What to Look For

BlueYonder

billion in 2029 — an average annual growth rate of 14.3%. It all adds up to a significant competitive advantage and stronger financial performance.” Results like these are creating a fast-growing global market for WES solutions. WES sales are projected to increase from $1.22 billion in 2022 to $3.12

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The Journey to Becoming a U.S. Customs Broker

3PL Insights

It’s expected that over 25,000 new jobs will be created by 2029 to meet shipping demands. What is the Outlook for a Customs Broker? Despite how difficult the exam is, the career outlook for a customs broker is very good. Job vacancies for custom brokers increase an average of 5% each year as workers retire without being replaced.

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Addressing the Talent Gap in Logistics and Supply Chain

The Logistics & Supply Chain Management Society

They are expected to retire between now and 2029 creating a big gap of skilled logistics professionals. Experience could be limited to skills and knowledge developed in a certain job or activity. This is no longer sufficient. The current supply chains leaders are mainly, Baby Boomers (born between 1946 & 1964).

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RS Group releases report on its activities and strategy for Environmental, Social and Governance

Synovos

It has also reduced its Scope 3 transportation emissions intensity by 28% since 2019/20, thereby achieving its 2029/30 goal seven years early. For example, RS has reduced its Scope 1 and 2 carbon emissions by 58% since 2019/20 with progress made in the year through distribution center energy efficiencies and renewable electricity.