Digital Supply Chain Predictions!

Supply Chain Game Changer

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2020 Challenges and Solutions for HVAC Distributors

EazyStock

HVAC has a constantly growing market – especially a growing global market as emerging economies ramp up construction and additional end-users emerge (such as data centers who need to keep their machines cool and ventilated). With an ever-expanding market and continuous industry updates, HVAC distributors already have a lot to keep track of without trying to manually keep track of their inventory. Inventory Challenges for HVAC Industry. Complete Inventory Overview.

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Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Gartner estimates that by the end of 2022, 85% of enterprises will have some form of RPA implemented in their business and Forrester calculates the RPA market will exceed a 50% CAGR by 2023, going from roughly $500 million to $2.8 Inventory Management.

How Did the Digital Supply Chain Evolve?

Supply Chain Game Changer

Accepting or submitting orders via email allowed companies to have electronic paper trails to maintain accurate inventory counts and keep clients satisfied. One article explained how supply chain management was among the first business functions that got significant technological upgrades to evolve and to harness data extracted from ERP systems. Bringing Big Data Into the Picture. Another supply chain evolution concerned real-time data collection. billion by 2023.

Trends and Predictions 2020: Supply Chain

Enterra Insights

“Spurred in part by the Internet of Things, supply chains are increasingly integrating data from sensors, GPS and weather patterns to see events and witness scenarios as they occur. Intelligent order management: Supply chains will orchestrate the perfect order and master inventory visibility. Automated Analysis : “By the end of 2020, half of all large manufacturers will have automated supplier and spend data analysis, resulting in a 15% procurement productivity gain.”

Trends 100

Four Ways Blockchain Will Transform Supply Chain…and Beyond

ToolsGroup

Public ledgers dating to the Italian Renaissance may help us see the potential of today’s blockchain technology for data accessibility. . It’s an interesting parallel: the (financial) ledger, the technology at the heart of economic development during the Golden Century–which also financed the Spanish explorations of the Americas–helps us understand the vast potential of today’s public (data) ledger technology for data accessibility.

The Internet of Things and the Retail Industry

C3 Solutions

What's interesting is how the use of IoT technologies to track inventory throughout the supply chain can dovetail with the kind of visibility you gain when you implement a best-of-breed dock scheduling system from C3 Solutions. Likewise, the cost of data transfer dropped from $0.47

Surviving the Retail Apocalypse

Enterra Insights

He explains, “Several studies have shown that Artificial Intelligence (AI) can sift through data quickly. With sophisticated algorithms, it can anticipate customer demand and improve inventory management across both stores and on-line.” retail sales will be digitally impacted by 2023, meaning those sales either will occur online or may occur in-store but be influenced by digital technologies.”[7]

Retail 100

How AI & Machine Learning Will Transform Supply Chain Management Through Software-Driven Automation

Accelogix

We are not incapable of writing the algorithms, but rather there is often insufficient data to derive statistically significant insights that drive automated action, or incomplete system integration needed to capture accurate and timely data about each step of an operation’s workflow.

Why Real-Time Visibility Should be Core to Your Supply Chain Strategy

TMC

According to Gartner, “By 2023, 50% of global leading enterprises will have invested in real-time transportation visibility solutions.” As technology, predictive analytics, and artificial intelligence rapidly advance, we are leveraging our global network of 1,000 data scientists, engineers, and developers to build solutions that increase our customers’ efficiency, visibility, and reliability.

Why Real-Time Visibility Should be Core to Your Supply Chain Strategy

CH Robinson Transportfolio

According to Gartner, “By 2023, 50% of global leading enterprises will have invested in real-time transportation visibility solutions.” As technology, predictive analytics, and artificial intelligence rapidly advance, we are leveraging our global network of 1,000 data scientists, engineers, and developers to build solutions that increase our customers’ efficiency, visibility, and reliability.

New Automotive Technologies Threat Your Long-Term Visibility

DynaSys

To go even further, the top 12 OEMs will launch 182 new electric vehicles nameplates by 2023. In order to make the right decisions, organizations need to have supply chain visibility to ensure sustainability, but also to optimize their inventory levels, margins and capacities. Scenario planning requires a robust set of repository data, such as historical ERP data, market forecast data and OEM data in order to provide an accurate and reliable simulation and plan.

A guide to selling online in the USA

Vinculum

The USA tops the list of the largest consumer market in the world as per the data and the third largest country with high internet penetration. 257 users to increase by 2023 from 244 million in 2018. America is a world leader in cross-border eCommerce exports and imports.

Digitalisation of Logistics Industry and its Impact

20Cube Logistics

during 2018-2023, reaching a value of US$ 1,374 Billion by 2023. Implementing technologies like IoT, data analytics, sensors and robotics is changing the complete roadmap of logistics. With digitalisation, the process is more streamlined with customers receiving real-time data with respect to available containers, rates, etc. The software allows inventory receiving and put-away, optimises shipping of orders and coordinating with material handling devices and yard management.

Cargo 43

10 Ways IoT Can Improve Supply Chains

IQMS

By 2023, blockchain will support the global movement and tracking of $2T of goods and services annually based on a recent Gartner. 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. Improving track-and-trace reduces the need for buffer stock by providing real-time visibility of inventory levels and shipments.

Blockchain in the Supply Chain is Only a Few Links Long

Enterra Insights

Manufacturers may ship their products across the globe, but they lack key data about shipment location and status as packages move from sea port to port. She writes, “Connected devices can’t help an industry whose data is largely paper based. A blockchain is a distributed ledger that can track a variety of transactions, encrypt the associated data, and also make that data accessible from anywhere.

Supply Chain Optimization Software – A Comprehensive Guide for Manufacturers

ThroughPut

This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. Gartner also predicts that by 2023 intelligent algorithms and AI techniques will be an embedded or augmented component across 25% of all supply chain technology solutions. Inventory control. This is very helpful, especially when you use data pulled from real-time analytics. Leaner Inventory.

Supply Chain Optimization Software – A Comprehensive Guide for Manufacturers

ThroughPut

This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. Gartner also predicts that by 2023 intelligent algorithms and AI techniques will be an embedded or augmented component across 25% of all supply chain technology solutions. Inventory control. This is very helpful, especially when you use data pulled from real-time analytics. Leaner Inventory.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

Adidas @adidas Adidas is expected to move nearly 20% of its production to more automated factories by 2023 , many of them potentially proprietary. In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year.

Transportation TIP List: Week of May 12th, 2019

Transplace

Blockchain Supply Chain Initiatives Will Face Fatigue by 2023 : Despite what some might call a cooling off period, blockchain remains a popular technology trend. Therefore, Gartner predicts that by 2023, 90% of blockchain-based supply chain initiatives will suffer “blockchain fatigue.”. Transportation TIP List: Week of May 12 th , 2019.

Top eCommerce Marketplaces in Southeast Asia

Vinculum

Data from Shopify, in the year 2019, indicates that eCommerce sales on different platforms worldwide will go up to US$1.4 trillion by 2023. Sell on Marketplaces Globally Inventory & Order Management Cross Border Strategy Brands Multi-brand Retailers Marketplaces Industry InsightsToday’s shoppers prefer to shop online, and no one can deny this fact. The reasons are manifold.

Asia 40

50 warehouse automation stats you should know

6 River Systems

According to data from the U.S. billion and are projected to surpass $735 billion in 2023,” according to Statista. According to Logistics Management’s 2018 Warehouse / Distribution Center Survey , “Respondents took a range of actions to lower operating costs, including improving processes, improving warehouse information technology (IT), improving inventory control, and leveraging a 3PL. According to data from the U.S.

The Ultimate Guide to Beer Profit Margins & More

Unleashed

By 2023, 45% of spending in the beer industry will be attributed to out of home spend, namely in bars, pubs and restaurants. By 2023, 73% of spending will come from out of home consumption. from 2020 to 2023. grew their brewery using inventory management software. by 2023.

Cross Border eCommerce – Key to Successful Entry in North America

Vinculum

E-commerce retail in the United States is projected to grow from 501 billion US dollars in 2018 to over 735 billion US dollars in 2023. Product data in local language. Logistics – The logistics of the drop shipment model – where the seller ships directly to the customer through DHL or a similar service to reduce inventory risk – can prove to be very expensive per unit for cross border e-commerce. The internet has made the world small and swift.