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.

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. Outcomes: improved inventory management; More accurate determination of re-order points; Better on-shelf availability. from the global economy by 2022.

10 Ways IoT Can Improve Supply Chains

IQMS

in 2022, achieving a 10.7% Blockchain shows potential for increasing the speed, scale, and visibility of supply chains, eliminating counterfeit-goods transactions while also improving batching, routing and inventory control.

[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.

Manufacturing 4.0 in academia & practice: How SupplyOn contributed to the MIM 2019 conference

SupplyOn

and smart manufacturing systems to inventory control and supply chain management (SCM). Last but not least the next conference venue MIM2022 was announced: It will take place in 2022 in Nantes, France, headed by Prof. More than 750 participants from 51 countries all over the world came to discuss the latest trends in Manufacturing 4.0 from a scientific and practical perspective “In the end, it is all about communication”: In his opening speech, Prof.

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

Supply Chain Shaman

The choices in 2022 will be radically different from 2018. If you need forecasting and inventory optimization consider Gains Systems, John Galt, and ToolsGroup. Yowza: Excitement or approval. Get a cup of coffee. This is a long post. <Bear

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.

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. Inventory is often delivered to warehouses in shipping containers. Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. This week: Aldi, a grocery store you’ve probably never heard of, says it plans to become the third-largest grocery chain in the U.S.

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

Enterra Insights

Other benefits include inventory tracking, product tracking, process improvement, and optimization. “Currently,” he writes, “there are approximately 10 billion connected devices, with the number reaching 20 billion in 2020, 29 billion to 42 billion in 2022, and 75 billion in 2025. How can something over 30 years old still be considered in its infancy?

The Ultimate Guide to Manufacturing Software

IQMS

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. What is Manufacturing Software?

5 Disruptions Shaping the Digital Transformation in Distribution and Logistics

Supply Chain Nation

Macpherson predicted that the figure will easily be 80 percent by 2022. Data gives distributors and 3PLs the ability to manage the entire supply chain on behalf of the customer, manage their ordering and inventory levels and providing them with insights that’ll help improve service levels.

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. In 2022, the augmented and virtual reality market is expected to be worth US$ 209.2 For example, retailers can manage their inventory using an online inventory solution.

Thailand Ecommerce Logistics for ASEAN Enterprises: Should You Go Local?

Logistics Bureau

Statistic: By 2022, Thailand’s ecommerce market is expected to be worth around $5.8 The ability to operate without substantially increasing inventory levels. The ecommerce market in Thailand has never been healthier and all the signs indicate huge potential for growth in the next few years. With the Thai government’s Thailand 4.0

Thailand Distribution Network Design: Should You Optimise or Wait?

Logistics Bureau

Big changes are on the cards for Thailand’s transportation infrastructure, assuming the government’s plans to upgrade road and rail networks between now and 2022 come to fruition. After all, the upgrade is slated for completion by 2022 at the latest. No doubt if you rely on a distribution network to supply customers in Thailand, you have been keeping an interested eye on developments, as at some point, they may provide opportunities to reduce logistics costs for your business.