Remove 2022 Remove Forecasting Remove Inventory Remove Logistics

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.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

As the logistics industry remains fragmented, riddled with data silos , low-transparency, and archaic manual processes, blockchain within the supply chain can empower this revolution towards digital collaboration. 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. from the global economy by 2022.

[INFOGRAPHIC] Industry 4.0: Powered by the Internet of Things & Digital Manufacturing

Cerasis

Companies will be able to do predictive maintenance to reduce downtime, better manage their inventories, and also to become more flexible and responsive to changes in market conditions.