article thumbnail

Driving Sustainable Supply Chain Change

The Logistics & Supply Chain Management Society

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.”. Driving Sustainable Supply Chain Change. Figure 1 – Where are manufacturers investing to support sustainability?

article thumbnail

AI and IoT on the Cutting Edge

Enterra Insights

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. .” ” 3.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What manufacturers need to know about IIoT

SYSPRO Smarter ERP

IIoT refers to the usage in areas such as manufacturing plants and supply chains. 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. By 2025 there will be 30 – 64 billion devices worldwide. Growth of IIoT.

article thumbnail

This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Separately, the company said in the past year, Amazon’s Counterfeit Crimes Unit sued or referred for investigation over 1,300 criminals in the U.S., Last month, the company released its third annual “Brand Protection Report” and said it disposed of over 6 million counterfeit goods in 2022. across the EU, and in China.

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. billion by 2025, growing at a CAGR of 16.7%

article thumbnail

How manufacturers can enable innovation on the factory floor

SYSPRO Smarter ERP

Digital transformation is often referred to as a journey because it is a long-term ongoing goal, rather than a short-term accomplishment that an organisation can tick off. The term refers to a warehouse which is fully automated, and goods can be moved, sorted, packed and exclusively handled by robots, and the operations can continue 24/7.

article thumbnail

Using Technology to build Sustainable Supply Chains

The Logistics & Supply Chain Management Society

In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. The concept of asset-less state refers to creating a supply chain that is as lean as possible.