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Essential Technology Capabilities for Supply Chain in 2023

Logistics Viewpoints

Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products. If nothing else, the last few years highlighted the importance of sourcing strategically. How will the picture change in 2023 ? Inflation Pressure.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Here are some highlights from these trends in 2023 and implications on supply chain planning. Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions.

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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

Looking Back to 2023 Performance in 2023 was not as positive as we might have hoped, and it was a harder year than many had anticipated. A majority of organizations (62 percent) missed their 2023 business goals, and four in five organizations reported falling short of their competitors’ or peers’ performance (Figure 1).

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National Logistics Day 2023

Enterra Insights

“By leveraging supply chain technology and data analytics, businesses are able to identify areas of improvement and create added value — resulting in higher profits. ”[7] Even back then, food, spices, salt, and other goods had to be sourced and moved. 5] Staff, “ National Logistics Day 2023 ,” Logistics Plus. [6]

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Trends 2023: Technology

Enterra Insights

2023 Technology Trends. He concludes, “In almost every industry, in almost every company, there is likely some problem that can be solved through upgraded analytics, automation, or some other application of A.I. 5] Marc Emmer, “ Technology trends for 2023 and beyond ,” Vistage, 11 November 2022. [6] ”[3].

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Supply Chain Network Design: 3 Ways to Prepare for Trends Stirring Up 2023

Logility

Although inflation has slowed since then, it continued to climb in January 2023 , triggering fears that the Fed could keep raising interest rates throughout 2023. Logility NDO enables you to improve your resiliency by continuously assessing tough tradeoffs between sourcing and distribution options, lead times, and logistics costs.

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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?