Remove 2023 Remove Data Remove Inventory Remove Procurement

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

CH Robinson Logistics

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.

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 Procurement. Inventory Management.

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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. Supply chains will be able to procure, source, manufacture and handle logistics across a broad array of players including small to medium businesses. Intelligent order management: Supply chains will orchestrate the perfect order and master inventory visibility.

Trends 100

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. Inventory control. This is very helpful, especially when you use data pulled from real-time analytics.

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.