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.

The Interrelated Issues Facing the Trucking Industry

PLS Logistics

The American Trucking Association projects that the trucking industry is poised for serious growth by 2022. The forecast suggests that overall revenue for the industry will rise almost 66% and tonnage will increase 24% by 2022.

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

Supply Chain Shaman

This client was using an excellent forecasting technology, but it was not a good fit for their business; and as a result, was causing degradation of the forecast by 14%. Even worse, the combination of process and technology degraded the forecast by 33%.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

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. Democratizing purchase orders or predictive analytical data such as Point of Sale information can dramatically improve demand visibility, while reducing the negative consequences of poor forecasting such as the Bullwhip Effect.

10 Ways IoT Can Improve Supply Chains

IQMS

in 2022, achieving a 10.7% Compound Annual Growth Rate (CAGR) according to Gartner’s latest market forecast. The senior management team at the manufacturer says the pilots are worth it if they can find a way to increase inventory turns just 10% using blockchain and IoT.

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.

The Ultimate Guide to Manufacturing Software

IQMS

by 2025, achieving a Compound Annual Growth Rate (CAGR) of 8.27% during the forecast period. in 2022, growing at a CAGR of 7%. Spending on Manufacturing ERP software worldwide will increase from $5.87B in 2017 to $7.26B in 2022. Improve inventory management and costs. Bottom Line: The majority of manufacturers are prioritizing shop floor productivity as their most valuable growth strategy, relying on manufacturing software to be the catalyst to get them there.

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

Aera Technology

percent CAGR through 2022. By placing “sensors” throughout its supply chain that gather data about inventory distribution practices and availability for every SKU, Merck has end-to-end visibility.

Data 52

Your Guide to Multichannel Selling

Unleashed

Many B2B companies combine back-office software, accounting systems, inventory management systems, and more. trillion globally; this number is forecasted to grow to US$4.88 In 2022, the augmented and virtual reality market is expected to be worth US$ 209.2