article thumbnail

Latest Forecast For Global Trade Not Optimistic

Supply Chain Matters

Today, the United Nations Conference on Trade and Development (UNCTAD) issued its latest forecast update on overall global trade, and the narrative is not encouraging or optimistic. Global trade is reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7 This level represents a contraction of $1.5

article thumbnail

Throwback Thursday

Supply Chain Shaman

It is because the conversations at the conference were yesterday’s discussions. I heard Stryker share the story of adoption over a period of five years at the GHX conference last year. At the Logimed conference, no one in the audience was aggressively adopting the standards. Why do I call this Throwback Thursday?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Digital Twins and Phygital Fitness

Enterra Insights

This technology took a step further in 2002 when Michael Grieves publicly introduced the concept and model of the digital twin at a Society of Manufacturing Engineers conference in Troy, Michigan.

article thumbnail

Blockchain: Preventing E. Coli Through Enhanced Traceability

Kinaxis

Bioterrorism Act of 2002 (mandating that businesses keep records of the prior handler and the next handler) and the Food Safety and Modernization Act, food is still very hard to trace. For more information about APICS 2018, visit apics.org/conference. However, in Japan and the European Union, food traceability is the norm.

article thumbnail

2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

Global Trade Volumes- The United Nations Conference on Trade and Development (UNCTAD), in its latest forecast update was not encouraging or optimistic. Global trade was reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7 This level represents a contraction of $1.5

article thumbnail

Intelligent IBP: A Need for Decision Centricity

Supply Chain Trend

This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Palmatier and Crum (2002), Coldrick, Ling, and Turner (2003) and Bob Stahl (2009) all assert that S&OP is first and foremost an executive decision-making process. Intelligent automation will change this.

article thumbnail

Intelligent IBP: A Need for Decision Centricity

Supply Chain Trend

This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Palmatier and Crum (2002), Coldrick, Ling, and Turner (2003) and Bob Stahl (2009) all assert that S&OP is first and foremost an executive decision-making process. Intelligent automation will change this.