Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

The 21st Century Supply Chain

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. The report also mentions that the global growth rate is almost double that of the US food industry.

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

Cerasis

also referred to as the Fourth Industrial Revolution. In today’s post we will talk about what is Industry 4.0, Industry 4.0: The Fourth Industrial Revolution. So what is “industry 4.0?” According to Accenture, they define Industry 4.0

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.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Digitization Supply Chain Management, like many other industries in the past decade, has iteratively undergone transformational periods of digitization — shifts to digital processes essential for remaining competitive and profitable in the global marketplace. 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.

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

Supply Chain Shaman

These requirements are industry-specific., This includes A&D and active ingredients for pharmaceutical companies, but lacks constraint-based asset modeling for the process industries of chemical, consumer products and food. The choices in 2022 will be radically different from 2018.

The Internet of Things is over 30 Years Old and still in Its Infancy

Enterra Insights

Because the IoT primarily provides machine-to-machine connectivity, most discussions about its benefits focus on manufacturing and the industrial sector. In fact, some analysts prefer the term Industrial Internet of Things. The far-reaching benefits of IoT are matched by the rate of investment in the technology: The manufacturing sector is expected to spend more than any other industry — $189 billion in 2018 alone.”[3]

A Grocery Store You’ve Never Heard of is About to be one of the Biggest in America

Supply Chain Nation

billion to expand to 2,500 stores — up from 1,600 stores today — by 2022, the company said Monday. When Uber Technologies used a self-driving truck to run a load of Budweiser beer across 120 miles of Colorado last year, the feat gave the trucking industry a glimpse of a cost-saving driverless future. Yet many in the trucking industry believe these alarmist projections are premature. Inventory is often delivered to warehouses in shipping containers.

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.

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