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Geo-Political Forces Become More Complex for Industry Supply Networks

Supply Chain Matters

percent to 25 percent in 2024. We cited a published report by The Wall Street Journal that specifically indicated: “ China will add more chip-making capacity than the rest of the world combined in 2024, according to research from consulting firm Gavekal Dragonomics.” percent to 25 percent in 2024.

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Record High Drug Shortages in the U.S.- Same Dysfunctional Problem

Supply Chain Matters

That number is the highest reported since 2014, including the period of the Covid-19 pandemic during the years 2020 to 2023. Generic versions of drugs are prescribed as a means to reduce healthcare or health insurance costs with the goal of being able to treat higher numbers of patients. This is not a new phenomenon.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Global paper output is expected to be 4 million tons short of its 2018 level, with predictions of 416 million tons in 2022. Material Handling & Logistics ). FastMarkets ).

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Blockchain: The Technology Reshaping SCM!

Supply Chain Game Changer

especially procurement and logistics?—?in It was reported in mid-June by Zion Market Research that global “blockchain technology in supply chain management marke t was valued at around USD 40.99 million by 2024, growing at a CAGR of 49.16% between 2017 and 2024” ( globalnewswire.com 2018 ). in the coming years.

SCM 50
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Perspectives on OpenText’s $6 Billion Announced Acquisition of Micro Focus

Supply Chain Matters

The enterprise value of Micro Focus is reported to be $2 billion and the purchase price is reported to be 2.2 The most visible was in 2016, in an upwards of $9 billion merger with Hewlett Packard Enterprise (HPE) software business in an effort to create what was reported as a pure-play enterprise software company.

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Seasonal Inventory and 7 Ways to Manage It Effectively

ToolsGroup

But by 2018, one Business Insider article declared “Black Friday is dead.” Consider the different purchasing journeys customers take during the holidays. Once in-store, consumers report that up to 22% of their total bill is made up of impulse purchases.) Spruce Up Your Omnichannel Strategy. last year).

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The Evolving Landscape of Artificial Intelligence (AI) in Supply Chains & Logistics

ThroughPut

At the same time, global spending on IIoT Platforms is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. How can AI-lead intelligent automation and analytics help create contingency plans and create safe working environments?