Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. What is vendor-managed inventory? Let’s take a closer look at a vendor-managed inventory case study.

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. The U.S.

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Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. This newfound visibility allows participants in a supply chain to proactively optimize components of their processes (like inventory management, staffing decisions, and a thousand more) to support an efficient and agile product path. Outcomes: improved inventory management; More accurate determination of re-order points; Better on-shelf availability. from the global economy by 2022.

Yowza! A Nine-Step Decision Process to Help Guide Supply Chain Planning Selection

Supply Chain Shaman

The choices in 2022 will be radically different from 2018. If you need forecasting and inventory optimization consider Gains Systems, John Galt, and ToolsGroup. Yowza: Excitement or approval. Get a cup of coffee. This is a long post. <Bear

The Internet of Things is over 30 Years Old and still in Its Infancy

Enterra Insights

The far-reaching benefits of IoT are matched by the rate of investment in the technology: The manufacturing sector is expected to spend more than any other industry — $189 billion in 2018 alone.”[3] Other benefits include inventory tracking, product tracking, process improvement, and optimization. 2] Lora Cecere, “ Building the Network of Networks ,” Supply Chain Shaman , 26 April 2018. [3]

Your Guide to Multichannel Selling

Unleashed

Many B2B companies combine back-office software, accounting systems, inventory management systems, and more. In 2022, the augmented and virtual reality market is expected to be worth US$ 209.2 For example, retailers can manage their inventory using an online inventory solution.

3 Reasons Why the Pharma Supply Chain is Ripe for Digital Transformation

Aera Technology

percent CAGR through 2022. For 2018 and beyond, the pharma supply chain will need to venture into the world of digital transformation. That could include inventory data, supplier performance, demand fluctuations and even weather or road conditions.

Data 52

5 Disruptions Shaping the Digital Transformation in Distribution and Logistics

Supply Chain Nation

Macpherson predicted that the figure will easily be 80 percent by 2022. Data gives distributors and 3PLs the ability to manage the entire supply chain on behalf of the customer, manage their ordering and inventory levels and providing them with insights that’ll help improve service levels.

Thailand Ecommerce Logistics for ASEAN Enterprises: Should You Go Local?

Logistics Bureau

Statistic: By 2022, Thailand’s ecommerce market is expected to be worth around $5.8 The ability to operate without substantially increasing inventory levels. The ecommerce market in Thailand has never been healthier and all the signs indicate huge potential for growth in the next few years. With the Thai government’s Thailand 4.0

Thailand Distribution Network Design: Should You Optimise or Wait?

Logistics Bureau

Big changes are on the cards for Thailand’s transportation infrastructure, assuming the government’s plans to upgrade road and rail networks between now and 2022 come to fruition. After all, the upgrade is slated for completion by 2022 at the latest. No doubt if you rely on a distribution network to supply customers in Thailand, you have been keeping an interested eye on developments, as at some point, they may provide opportunities to reduce logistics costs for your business.

10 Ways IoT Can Improve Supply Chains

IQMS

in 2022, achieving a 10.7% Blockchain shows potential for increasing the speed, scale, and visibility of supply chains, eliminating counterfeit-goods transactions while also improving batching, routing and inventory control.

Legacy Retailers Taking the Fight to the Internet Retailers

Logistics Trends and Insights

They were also having problems keeping merchandise on the shelves in the US as they were introducing new inventory technology to support both the stores and e-commerce delivery. Over 3500 stores closed in 2018. percent in 2018.

Guide to warehouse robots: types of warehouse robots, uses, navigation & more

6 River Systems

between 2017 and 2022, reaching $6 billion in value by 2022 , with the U.S. Automated Storage and Retrieval Systems (AS/RS) — AS/RS solutions automate the inventory process by retrieving goods for shipment or use and returning items to their proper storage locations.

How to Scale Health and Beauty Products: Online Stores with Intelligent Fulfillment

ShipBob

Here are some surprising stats that showcase its tremendous growth: US health, beauty, and wellness category is forecasted to reach $86 billion by 2022. ShipBob has allowed us to scale up and become successful — we have gone from $70,000 in sales in 2018 to over $7 million in sales.”.

How To Find CBD Payment Processing Services [+ CBD Credit Card Processors for Ecommerce Shops]

ShipBob

By 2022, Statista predicts that the U.S. 2018: Farm Bill is passed. In 2018, President Trump signed in the Farm Bill, which legalized the use of industrial hemp, opening up the floodgates for CBD sales.