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Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. Let’s see the most common trends in 2024. As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts.

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Will 2024 be the Year of Automation and AI in the Supply Chain?

Enterra Insights

We now have automated production facilities, warehouses, and transport in our physical supply chain.”[2] With [their] ability to help with inventory forecasting, improve shipping times, and tracking, it’s easy to see why [autonomous systems are] talked about in a positive light around the area of logistics.”

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Last Mile Distribution News: January 22, 2020

Stord

Wednesday, January 22, 2020 AI Investment Reported to Reduce Supply Chain Costs A survey conducted by McKinsey and Company reported that 61% of survey respondents saw a reduction in supply chain planning costs as a result of using artificial intelligence. Public Warehousing Market Expected to Grow by $37.2B

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5 Ways to Cope with Changing Logistics Demand in 2024

Locus Robotics

Home January 02, 2024 5 Ways to Cope with Changing Logistics Demand in 2024 Inés Alcántara , Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success.

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Seasonal Inventory and 7 Ways to Manage It Effectively

ToolsGroup

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

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5 Ways to Cope with Changing Logistics Demand in 2024

Locus Robotics

Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs. This concern for environmental sustainability will continue to be relevant within the warehouse.

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Trends and Predictions 2020: Supply Chain

Enterra Insights

Intelligent order management: Supply chains will orchestrate the perfect order and master inventory visibility. Process Automation : “By 2022, firms will dedicate 35% of their logistics business process outsourcing services budget to process automation, focusing on order, inventory and shipment tracking.”