2024 Inventory Procurement Study 
ThroughPut
MARCH 25, 2024
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.
The Logistics & Supply Chain Management Society
JANUARY 3, 2024
In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements? Focus on right-sizing inventories.
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QAD
MAY 23, 2023
ESG Regulations are Driving Investment in Sustainable Procurement Regardless of where you stand on the ethics behind ESG issues, you’d think consumer demand would be a clear driver for sustainable product development. Compliance appears to be a significantly larger driver for sustainable procurement than ethics or consumer demand.
C3 Solutions
JULY 30, 2020
It's not the retailers aren't interested; in fact, they strongly believe that IoT will have a dramatic effect on business in the next three years , and 72 percent in a recent North American study said they were interested in IoT based automation, sensors and analytics. Where's the ROI?
ThroughPut
SEPTEMBER 14, 2022
According to a recent study, global spending on IIoT Platforms is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. Accurate Inventory Management – Accurate inventory management can ensure the right flow of items in and out of a warehouse.
ToolsGroup
OCTOBER 25, 2022
More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.
ModusLink Corporation
DECEMBER 13, 2022
Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Carriers Will Lower Rates But Keep Many Others.
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