NC State SCRC

JANUARY 1, 2023

As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. These predictions are perhaps not completely original – but they represent what I think will be important guidelines for supply chain executives to consider.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

ToolsGroup

MARCH 3, 2021

When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t pause to consider all the supply chain complexities and analytics required to ensure the fashion items you’re craving are in-stock. shorter product life cycles, and often protracted supply lead times. Hybrid models (i.e.

Supply and Demand 296

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 296

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Companies that predict demand, will be able to respond efficiently. Investing in data analytics along with innovations in big data will have a significant impact on the business. Predictive analytics will empower them to leverage data and make informed decisions related to inventory requirements, warehouse space optimisation and usage.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

Supply Chain Matters

MAY 8, 2024

As Founder and Managing Editor I am pleased to announce to our global-wide Supply Chain Matters readership that cloud based concurrent supply chain planning solutions provider Kinaxis will again serve as a Sustained Sponsor of this independent thought leadership platform in 2024 and 2025.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Analytics Software 59

The Logistics & Supply Chain Management Society

APRIL 26, 2022

By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”. Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. Driving Sustainable Supply Chain Change.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

Enterra Insights

JANUARY 13, 2021

”[4] Rita Sallam ( @rsallam ), a Distinguished Vice President analyst at Gartner, predicts artificial intelligence will play an important role in data governance. Augmented Analytics for Faster Decision-making. Technology writer Puja Das predicts, “2021 will see more emphasis on actionable data. ”[5].

Big Data 100

Big Data Trends Analytics Software Data 100

Supply Chain View from the Field

JANUARY 27, 2015

As noted in their publication, some of the trends have been around for awhile, including the growth of e-commerce, relentless competition, urbanization, and Big Data/predictive analytics. In fact, many of my predictions made in 2014 also appear in my 2015 predictions as well. .

Predictive Analytics Software 60

Predictive Analytics Software Georgia Analytics Software Predictive Analytics 60

Enterra Insights

JUNE 11, 2021

billion units by 2025, a sharp jump from the 13.8 ” They note, “In comparison, non-IoT connections include smartphones, laptops, and computers, with connections of these types of devices set to amount to just over 10 billion units by 2025 – three times fewer than IoT device connections. .”

Resource Reduction 130

Resource Reduction Supply Chain Network Software Analytics Software Supply Chain Design Software 130

GlobalTranz

MARCH 17, 2016

Purchasing and supply executives predict that the global manufacturing industry will continue to expand. Predictive Data Analytics. Chinese executives see predictive analytics as the key to competing with U.S. Chinese executives see predictive analytics as the key to competing with U.S. manufacturers.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 120

GlobalTranz

MAY 3, 2017

According to Louis Columbus of Forbes magazine , the IIoT is estimated to unlock manufacturing savings more than $11 trillion by 2025 globally, boosting overall economic value by 33 percent. trillion by 2025 as well. Predictive Maintenance and Customer Marketing Analytics Will Cut Manufacturers’ Primary Costs. In the U.S.,

Cost Reduction Strategies 210

Cost Reduction Strategies Manufacturing Internet of things Predictive Analytics Software 210

Freightera

JUNE 29, 2023

A report by MarketsandMarkets predicts that the global IoT in the logistics market will reach $35.2 billion by 2025 , driven by the increasing adoption of IoT devices in supply chain management. Predictive analytics also enable proactive management of exceptions, such as route deviations or unexpected delays.

Predictive Analytics Software 34

Predictive Analytics Software Analytics Software Inventory Management Software Optimization Software 34

Supply Chain Game Changer

SEPTEMBER 19, 2022

Gartner predicts that by 2025, around 75% of the overall data generated by enterprises will be not only generated but also processed at the edge. In fact, Gartner predicts that 25% of supply chain decisions will be made across intelligent edge ecosystems by 2025. Distributed Data Is Efficient.

Gartner 100

Gartner Supply Chain Software Supply Chain Optimization Supply Chain 100

Supply Chain Game Changer

JANUARY 21, 2021

This is why there is such a high focus on digital transformation, adoption of analytics, and automation/cognitive procurement technologies. As seen in the graphic below, 75% of CPOs have already begun to invest in Data Analytics whilst 62% plan to invest in Automation & 64% plan to invest in AI technology in the coming years.

Optimal Sourcing 85

Optimal Sourcing Procurement Data Supply Chain Planning Software 85

Enterra Insights

OCTOBER 6, 2020

By 2025, there’s projected to be 42 billion IoT-connected devices globally. As a result, the smart home market could see a compound annual growth rate (CAGR) of 25% between 2020-2025, to reach $246 billion.” From real-time data analytics to supply-chain sensors, smart devices help prevent costly errors in industry.

Industrial 100

Industrial Industry Internet of things Analytics Software 100

AIMMS

AUGUST 12, 2015

‘‘I want highly automated systems, a value chain network that optimizes my service and costs, the best talent available and the necessary predictability so that I can smartly invest in physical infrastructure.’’. Today we see only 25% of supply chain development teams having deep analytical / OR skills.

Modeling 156

Modeling Supply Chain Execution Supply Chain Planning Software Supply Chain Software 156

ivalua

JUNE 16, 2021

These solutions also improve collaboration among organizations and suppliers, and enable procurement teams to leverage data analytics to optimize contract negotiations, payments, buying patterns and more. However, MENA countries face unique obstacles as they seize the opportunity to adopt new procurement technologies. Opportunity Awaits.

Optimal Sourcing 130

Optimal Sourcing Negotiating Skills Supply Chain Planning Software Negotiate Pricing 130

SYSPRO Smarter ERP

OCTOBER 27, 2021

There are various forecasts for the future of IIoT – all predict significant, even exponential, growth in coming years. By 2025 there will be 30 – 64 billion devices worldwide. IoT has the potential to generate US$4 – 11 trillion in economic value by 2025. Predictive maintenance. Here are some.

Manufacturing Procurement 111

Manufacturing Procurement Sourcing Strategies Manufacturing Predictive Analytics Software 111

synchrono

OCTOBER 16, 2017

trillion in economic value in the global manufacturing sector by 2025. They also predicted that 80 to 100% of manufacturers will have implemented IIoT applications by then and already be reaping the benefits of data-driven insights into their operations. Bernard Marr , a noted speaker and columnist for Forbes, describes it this way.

Big Data 104

Big Data Predictive Analytics Software Data Analytics Software 104

Vinculum

MARCH 18, 2021

According to The Statista Research Department, by 2025, the global market for IoT (Internet of Things) will achieve a growth of around 1.6 The logistics industry is beginning to take advantage of the Internet of Things (IoT), artificial intelligence (AI), robotics, and data analytics.

Warehousing 52

Warehousing Optimal Sourcing Sourcing Strategies Inventory Reduction 52

AIMMS

AUGUST 12, 2015

‘‘I want highly automated systems, a value chain network that optimizes my service and costs, the best talent available and the necessary predictability so that I can smartly invest in physical infrastructure.’’. Today we see only 25% of supply chain development teams having deep analytical / OR skills.

Modeling 120

Modeling Supply Chain Planning Software Supply Chain Execution Supply Chain Software 120

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Forecasting Demand.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Logistics Viewpoints

MARCH 1, 2021

The prevalence of smoking is going down, but the world’s population is increasing; the net result is that the forecast for the number of smokers is essentially flat in 2025 as compared to 2010. It was predictable. Traditionally, the industry has been stable. PMI was not an easy prospect.

Modeling 179

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 179

ToolsGroup

JUNE 7, 2016

Michael Burkett presented Supply Chain 2025: Planning the Future Supply Chain; followed by Amber Salley presenting Algorithmic Supply Chain Planning: the Future of SCP. Gartner estimates there will be 50 billion connected end points in the marketplace by 2025—a 10-fold increase from today.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Planning Supply Chain Software 120

Enterra Insights

JUNE 5, 2019

Intelligence for most of these companies is defined as machine learning, complex automation, and predictive maintenance, areas in which traditional industrial providers are bumping up against new companies dedicated to the AI space specifically.”[2] You really need all three parts of the ecosystem. Concluding thoughts.

Internet of things 100

Internet of things Supply Chain Design Software Analytics Software Supply Chain Network Software 100

RFgen

FEBRUARY 10, 2023

In 2023 and beyond, the Association for Supply Chain Management predicts that data collection, advanced analytics, and automation will all be essential to growth. trillion in value by 2025. Because of this, technologies that optimize supply chains and logistics will continue to have a major impact.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Analytics Software 52

GlobalTranz

JULY 21, 2016

Predictive, Real-Time Analytics Are King of eCommerce Logistics Strategy. Analytics are critical to helping warehouses and shippers determine the fastest routes to get products to customers. According to Athira A Nair of Your Story , eCommerce in India is expected to be valued at more than $220 billion by 2025.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Negotiating Skills Warehousing Logistics 120

Enterra Insights

DECEMBER 10, 2019

One of the ways in which this can be achieved is a predictive maintenance model. … Recent studies have demonstrated that predictive maintenance will save companies $630 billion by the year 2025, with the majority of cost savings coming from the reduction in unplanned downtime.” Improved energy usage.

Optimal Sourcing 100

Optimal Sourcing Industrial Industry Cost Reduction Strategies 100

Vanguard Software

JUNE 1, 2021

By 2025, it is estimated that the amount of data will double every 12 hours. AI has the ability to consume data far more efficiently than humans, delivering on accurate insights and predictions and improving the bottom line. Impact of Advanced Analytics Forecasting. Download Webinar White Paper.

Forecasting 52

Forecasting Modeling Forecasting Software Demand Planning Software 52

Enterra Insights

AUGUST 18, 2021

The data from these systems can even be analyzed to predict the future inventory needs of the business.”[3] By placing IoT sensors in critical equipment and machinery, a variety of performance metrics can be monitored, enabling the prediction of breakdowns and any other possible maintenance issues.”

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

GlobalTranz

MARCH 16, 2016

The predictive analytics of the past are becoming more apt and intellectual, powering a new age in manufacturing. Furthermore, the Industrial Internet of Things ( IIoT ) will climb to more than 25 billion devices by 2025. US and China Lead Prioritization of Predictive Analytics in Manufacturing.

Predictive Analytics 120

Predictive Analytics Predictive Analytics Software Analytics Software Analytics 120

ToolsGroup

DECEMBER 7, 2017

For starters, a recent Food Marketing Institute report says that 20% of global grocery sales will be online by 2025, with American consumers alone spending upwards of $100 billion USD. Grocers should be on notice that similar changes are coming. Digital transformation is happening in the other 80% of consumer shopping dollars as well.

Waste Reduction 159

Waste Reduction Inventory Reduction Price Reduction Supply Chain Planning Software 159

Kinaxis

SEPTEMBER 28, 2015

WEF notes 2025 as the year the sharing economy will reach its tipping point into the mainstream market, but I’d lean toward seeing this impact your supply chain a whole lot sooner as the number of new startups in this space continues skyrocketing. 3D Printing and Manufacturing.

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Analytics Software Logistics Network Optimization Software 100

BlueYonder

AUGUST 24, 2020

Will COVID-19 be the catalyst to help retailers move from legacy processes to a new generation of supply chain that does not just react, but predicts and prescribes actions to get ahead of the market and disruptions? It’s a similar story for replenishment processes. Digitalizing the Supply Chain to Realize Automation Ambitions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Agile and Lean Supply Chain 52

Enterra Insights

JANUARY 25, 2022

The market is expected to reach $171 billion in 2025 at a CAGR of 35%.”[2] Organizations will have to prioritize a data-first approach within an enterprise architecture in 2022 to enable AI and analytics to solve problems and facilitate new revenue streams.”[3] ” Data Will Dominate AI Discussions. ”[4].

Trends 297

Trends Analytics Software Predictive Analytics Software Modeling Software 297

Proxima

SEPTEMBER 12, 2023

In fact, it’s predicted that legal technology budgets will increase threefold by 2025. [1] Generative AI (AI services that produce content) has the potential to transform Legal operations by enabling faster analytics and data management. 1] What is driving legal to consider the integration of AI technology into their business?

Procurement 59

Procurement Predictive Analytics Software Supply Chain Planning Software Modeling Software 59

Supply Chain Game Changer

APRIL 29, 2021

Enterprises can alleviate this instability by implementing sensible operational practices as stated below: Improving the process of predicting and managing risks. Data analytics provides actionable insights to save time, effort and cost. Edge Computing and Analytics. Adding strategic insights into the business. Hyperautomation.

Supply Chain Software 135

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 135

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. Providers will need to focus on predictive analytics to get ahead of tomorrow’s needs by adjusting operations to reflect today’s immediate demand. New markets are emerging in the global economy daily.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205