Remove 2022 Remove Forecasting Remove Inventory Remove Sourcing

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Instead of having to deal with an ineffective point-to-point communication system like EDI and the complexity of reconciling multiple data sources with multiple permission models, Distributed Ledger Technology (DLT) provides a singular mechanism to securely integrate, harmonize, and synchronize data for all participants. 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 source of data for this blog comes from market triangulation. 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%. Yowza: Excitement or approval.

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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.

Top 10 supply chain trends for 2020

Requis

But thinking has been shifting from seeing supply chain from a linear process (for example, raw materials -> manufacturing -> inventory -> customer order -> fulfillment) to a web of relationships between the customer, multiple internal departments, and even any external companies.

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

Aera Technology

percent CAGR through 2022. Spreadsheets are still prevalent and data is still siloed in ERP, MES, LIMS, and other external “outside-in” sources. That could include inventory data, supplier performance, demand fluctuations and even weather or road conditions.

Data 52

Your Guide to Multichannel Selling

Unleashed

Not only does their job include assembling or producing the final product, but they also have to source all the materials that go towards making the final good, and then sell these through their channels. trillion globally; this number is forecasted to grow to US$4.88

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. Hint : Storing your inventory in one location may not be substantial in the long run.). Distributed inventory.