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Smart Manufacturing Trends to Expect in 2024

OptiProERP

With 2024 on the horizon, more manufacturers are adopting smart manufacturing technology. Examples of intelligent factories include on-demand manufacturing and virtual inventories. Through these technologies and process enhancements, manufacturers can anticipate a new scale of innovation in 2024.

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Kappahl Selects ToolsGroup to Support Its Thriving and Growing Fashion Brand

ToolsGroup

BOSTON – January 11, 2024 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been selected by Kappahl , a leading fashion chain in the Nordics, to drive better planning decisions, supporting and accelerating its business growth. Bulgari, and Kappahl.

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Transparency & Candor: Meet Three New Supply Chain Leaders Up Close

Stord

While everyone at Stord accomplished a lot in 2023, let’s take a moment to meet some of our leadership team, and explore what they have planned for 2024 and beyond! In his time at Stord, he has helped the team fulfill 750 million units in 2023 and set us up to fulfill even more in 2024. Brian: I have a recurring nightmare.

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Supercharging Fulfillment for a More Efficient, Customer-Centric Supply Chain

BlueYonder

Although trends like omni-channel ordering, automated inventory management, real-time order visibility, and same-day delivery bloomed in an era when most customers were spending most of the day at home, the demand for these trends has not diminished. That shortage of workers is not likely to ease dramatically in 2024,” warns the NRF.

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Walmart’s Impressive Q4 and FY2023 Financial Performance

Supply Chain Matters

Supply Chain Matters provides highlights and added perspectives to retailer Walmart’s report of Q4 and Fiscal 2024 financial and operational performance. Full Fiscal Year Performance headlines for the full 2024 fiscal year were highlighted with: Consolidated revenue growth of 5.5 percent to $173.4 percent to $648.1 percent to $6.6

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Samsung Electronics 2023 Financials-Weakest Profitability in a Decade

Supply Chain Matters

Outlook for 2024 According to the company’s financial performance press release , ongoing macroeconomic uncertainties are expected to weigh on the business environment in the near-term. However, the ongoing trend of customers reducing inventory may mean that earnings will not significantly recover.

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FedEx Second Quarter Financial Performance Disappoints

Supply Chain Matters

CEO Raj Subramaniam specifically indicated: “ The inventory destocking phase has yet to begin in earnest.” Subramaniam indicated in the earnings briefing that the carrier remains on-track with its corporate restructuring plans, with an initial phase planned to go into effect in 2024. There is obviously much at-stake