article thumbnail

Prepare for Anything: Supply Chain and Ecosystem Predictions for 2022 and beyond….

The Logistics & Supply Chain Management Society

By the end of 2022, half of all manufacturing supply chains will see the benefits of supply chain resiliency, resulting in a 10% reduction in disruption impact. By 2024, 40% of APeJ-based supply chain forecasts will be automated through the use of artificial intelligence, improving accuracy by 5 percentage points.

article thumbnail

2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

However, the lessons garnered during the pandemic will likely drive inventory management toward less of a dependency on global-wide sourcing and more toward product postponement sourcing and customer fulfillment strategies. World economic growth was forecasted to slow from 3.5 and the United Kingdom.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

In our prior highlights and perceptions of September and Q3-2023 published indices , we observed that the numbers once again signaled added contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. down from the 49.2

article thumbnail

Supply Chain Matters News Capsule Follow-Up- August 17 2022

Supply Chain Matters

Foxconn and Asia Market Forecasters Provide Muted Outlook on High Tech Product Demand. Added Manufacturing Disruption in China. The aircraft manufacturer submitted an updated plan to the FAA in April that outlined a process for each and every aircraft to be inspected from nose to tail. Boeing Resumes 787 Dreamliner Deliveries.

article thumbnail

American Software Reports Fourth Quarter and Fiscal Year 2022 Results

Logility

Notable new and existing customers placing orders with the Company in the fourth quarter include: Ariela & Associates International, Bemis Manufacturing Company, Bondi Sands Australia Pty Ltd., Key Fourth Quarter of Fiscal Year 2022 highlights: Customers & Channels. Diversey, Inc., Polar Electro OY, Timex Group USA, Inc.,

article thumbnail

How Sustainability Will Fundamentally Change Your Supply Chain

BlueYonder

This touches almost every aspect of supply chain in every industry: from ethical sourcing to incorporating recyclability into the design, to biodegradable packaging materials, to end-to-end supply chains that can lower waste, buffer, and excess and obsolete inventory.

article thumbnail

Food Industry Trends for 2021

Unleashed

It’s become even more important that businesses navigate multiple supply chains with food manufacturing software. While tracing the origin of a food source and viewing transparent information about its manufacturing process has certainly grown over recent years – there’s no doubt the pandemic has sped up consumer demand for this.

Food 93