Remove 2025 Remove Inventory Remove Sourcing Remove Strategy
article thumbnail

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. Developing Diverse, Resilient Sourcing Strateg ies. Once a responsible sourcing network is established, you can then include product and supply chain strategies to design the supply chain network,” suggests Balte.

article thumbnail

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. Schedule a strategy call with a Blue Yonder expert today.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Role of Logistics Management in Optimizing Supply Chain Operations

Locus

This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. billion by 2025, growing at a CAGR of 16.7% from 2019 to 2025. Source: Zebra Technologies).

article thumbnail

Observations on Artificial Intelligence in the Supply Chain Market

Logility

billion by 2025, growing at a CAGR of 46% between 2018 and 2025. In other words, develop a strong strategy or your business might get left behind. Cost reduction occurs due to savings in reduced inventory and storage costs, goods being processed more quickly and faster distribution. The answer is yes. Why the slow uptake?

article thumbnail

ERP Aids Your Sustainability Initiatives

QAD

In 2020, Biogen committed to transitioning to an all-electric vehicle fleet by 2025 and joined the EV100 partnership to help catalyze change. Today, manufacturers view sustainability as a required corporate strategy for long-term business viability and success. Consider the effects of excess inventory and unnecessary shipments.

article thumbnail

The Top 15 Retail Trends for 2022

ToolsGroup

When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. Data source: eMarketer. Image source: Bring Me the News. eCommerce Purchases and “The New Normal” Retail Categories. Trust Google to have the answer.

article thumbnail

Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. This partnership improves inventory management, particularly for medicines with limited shelf life, utilizing dedicated storage facilities.