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How to Change Your Inventory Management Strategy in the Omnichannel Era

Elementum

e-commerce market has nearly doubled in size since 2011, and is forecast to grow to $737B by 2022. As recent losses by H&M and other major brands illustrate, poor inventory management can be a major cause of financial distress. There are a few solutions for the problem of inventory management in the omnichannel era.

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Trends 2022: Manufacturing

Enterra Insights

”[1] This digitization trend is often called “Industry 4.0,” a term coined in Germany in 2011. Anne-Marie Scott, Director of Manufacturing & Industrial Sales at Google Cloud, asserts, “In the new year, it’s paramount that businesses utilize tools to better manage supply chain processes. ”[6].

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What Caused the Baby Formula Shortage + 7 Ways Consumers and Companies are Coping

ToolsGroup

To understand the state of this latest supply chain crisis–and when it will end–this guide to the 2022 baby formula shortage breaks down: The cause of the baby formula shortage. The Risk of Outdated Forecasting Software. Outdated forecasting software only increases the risks surrounding a disrupted supply chain.

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The Batch Food Traceability Survival Guide

RFgen

This guide is intended to help food manufacturers and distributors: Consider the requirements of FDA traceability compliance, Calculate the potential costs of a recall, Review solutions other companies have used successfully to track food, Gain practical advice for how to improve traceability systems and processes, and. Sunland, Inc.

Food 52
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How to improve your ecommerce business online in Singapore!

Vinculum

In four years, this group of online shoppers will spend on average $1,234 on purchases from e-stores. The country’s e-commerce market volume is projected to reach $5,489 billion by 2022, with an annual growth rate of 10.1% between 2018 and 2022. The number of Singapore eCommerce users stands at about 3.12 Market Insights.