Remove 2022 Remove Sourcing Remove Trends
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New Study Shows Global Trade Compliance Is Not Slowing Down Any Time Soon

Logistics Viewpoints

Global Trade Compliance Is Not Showing Signs of Slowing Down Any Time Soon The Global Trade Compliance market is experiencing steady growth and is expected to continue this trend over the next five years. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions.

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Optimizing Supply Chains Has Never Been More Important

Enterra Insights

They write, “This includes tackling bigger issues such as compliance, supplier relationship management, risk and disruption, responsible sourcing, and transparency. “Sophisticated predictive analytics tools process sales data, seasonal trends, and market fluctuations to forecast demand accurately.

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The Policy Paradox: How US Tariffs and Tax Credits Risk Inflating Power Costs and Delaying the Energy Transition

Logistics Viewpoints

This demand spike coincides with a worldwide imperative to transition toward cleaner energy sources. To qualify for consumer tax credits like the $7,500 Clean Vehicle Credit, products must meet stringent sourcing requirements for battery components and critical minerals. tariffs are directly countering this deflationary trend.

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Resilinc Reveals the Top 5 Supply Chain Disruptions of 2024

Resilinc

Discover the top supply chain disruptions of 2024 and other significant supply chain trends from Resilincs exclusive data. To strengthen resiliency, companies invested in AI and machine learning, made strides to reduce dependency on single sourcing, and prioritized nearshoring and reshoring efforts.

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The AI Wars: Battlefronts, Breakthroughs, and the New Era of the Industrial AI (R)Evolution

Logistics Viewpoints

Edge Hardware: The battle for edge hardware also intensified in 2024, as companies sought to deploy AI capabilities closer to the source of data. In late 2022, OpenAI arguably ignited the “ AI Wars ” with the release of ChatGPT 3.5 , which brought a new level of accessibility and capability to generative AI.

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ERP for Automotive Distributors

SYSPRO Smarter ERP

Supply chain management The international sourcing of automotive components is now a common practice but it can still present challenges. To avoid this, distributors need an ERP that gives them visibility across the supply chain by tracking materials from source through to final destination.

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4 Types of Supply Chain Control Towers 

BlueYonder

As explained in Nucleus Researchs report, Supply Chain Control Tower Value Matrix 2022 : with siloed Control Towers, planners and transportation analysts often find themselves bogged down with swivel chair operations that necessitate emails and last-minute meetings. This enables users to simulate scenarios before implementing a solution.