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Smart Manufacturing Trends to Expect in 2024

OptiProERP

With 2024 on the horizon, more manufacturers are adopting smart manufacturing technology. It is helping them capture benefits across the entire manufacturing value chain. Examples of intelligent factories include on-demand manufacturing and virtual inventories.

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Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

According to Gartner 1 , 25% of organizations will gain a critical competitive advantage in their supply chains by 2025. Once a responsible sourcing network is established, you can then include product and supply chain strategies to design the supply chain network,” suggests Balte. Driving a Much-Needed Supply Chain Reorganization.

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Toyota Changes Supply Strategy for New Battery Facility

Supply Chain Matters

The reported strategy is to construct 14 assembly lines that can produce batteries for either hybrid, plug-in hybrid, or fully electric powered vehicles. Production within this facility is scheduled to begin in 2025 with a capacity of 30 gigawatts-hours of batteries annually. All rights reserved.

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Achieve Higher Fulfillment Rates to Improve Customer Satisfaction 

Logility

billion growth by 2025 for same-day delivery. . Achieving this goal requires optimizing your strategy with an aim toward perfect order fulfillment. There are many places fulfillment can be delayed – from an antiquated order acceptance process to lack of inventory to logistical complexities. You know it left the manufacturer.

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Trends That Will Transform Manufacturing in 2023 & Beyond

RFgen

Supply chain optimization and attracting talent will continue to be top-of-mind for manufacturers. Artificial intelligence (AI) is most likely to transform the manufacturing sector. Manufacturing has changed dramatically in recent years. trillion in value by 2025. In fact, over half of U.S.

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The Evolving Warehouse: Prepare Your Warehouse for Disruption

Logistics Viewpoints

The pandemic halted many supply chains last year, closing factories and stores, and limiting manufacturing and distribution operations. Construction of manufacturing plants and new warehouse sites were also postponed or canceled entirely due to market uncertainty. Many workers decided to retire, re-locate, or consider new professions.

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Six Ways Warehouse Inventory Management Software Optimizes Efficiency

IQMS

The Warehouse Inventory Management Software market grew to $1.4B between 2017 and 2025 with the global market reaching $4.6B by the end of 2025. . Warehouse Inventory Management Software is seeing increased adoption as manufacturers expand globally through mergers, acquisitions, and regionally-focused manufacturing strategies.