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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

However, it’s only early February 2024, and we already have several major disruptions impacting supply chains. As Alan Amling at the University of Tennessee put it, “2024 is riddled with uncertainty.” Logistics and inventory management rounds out the top four focus areas at 82 percent.

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Major Trends in Yard & Dock Management for 2024

C3 Solutions

In 2024, the yard and dock management landscape is undergoing a transformative shift, driven by stakeholders grappling with the challenges and opportunities of a rapidly evolving market. The pivotal role of yards and docks in the global supply chain cannot be understated.

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Smart Manufacturing Trends to Expect in 2024

OptiProERP

With 2024 on the horizon, more manufacturers are adopting smart manufacturing technology. Key components of smart manufacturing include connected sensors and devices, data analytics and big data, AI, cloud computing, cyber security, digital twins, advanced robotics, blockchain, etc.

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Will 2024 be the Year of Automation and AI in the Supply Chain?

Enterra Insights

Walch explains, “Autonomous systems have the ability to create legal and medical documentation, invoices, and automatically log data. With [their] ability to help with inventory forecasting, improve shipping times, and tracking, it’s easy to see why [autonomous systems are] talked about in a positive light around the area of logistics.”

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Essential Guide for Demand Forecasting in 2024

ThroughPut

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. The main benefits of accurate demand forecasts are: 1.

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How To Jump

Supply Chain Shaman

Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. Focus on improving operating margin, inventory turns, and revenue/employee simultaneously. Seasonal Inventory Build or Asset Capacity to Ramp for a Seasonal Demand Usually.

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Megatrends Reshaping Supply Chain Management

Logistics Viewpoints

Companies are beginning to explore on-demand manufacturing rather than traditional manufacturing models, meaning they can keep less physical inventory on-hand. The best guess on when we might see autonomous trucks delivering loads without drivers in the truck to take over in case something goes wrong is 2024.