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Harness The Power of Data To Optimize Your Supply Chains

All Things Supply Chain

By 2026,… The global logistics automation market has been growing at a Compound Annual Growth Rate (CAGR) of 12.4% since 2020, the highest growth rate of any supply chain market.

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Consumers Are in Charge of the Digital Path to Purchase

Enterra Insights

trillion in gross merchandise value (GMV) will move online worldwide between 2021 and 2026, more than double the amount generated by all of the leading store-based channels.”[3] Trillion Online by 2026, According to Edge by Ascential’s Annual Future of the Digital Shelf Report ,” Business Wire, 22 March 2022. [4]

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Trends Transforming Logistics and Supply Chains In the MENA Region in 2023

The Logistics & Supply Chain Management Society

billion USD by 2026. 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. billion by 2026.

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Trends That Will Transform Manufacturing in 2023 & Beyond

RFgen

Utilizing big data The rise of smart technologies means there is more data than ever before. In fact, Fortune Business Insight projects big data in the manufacturing industry to reach a projected $9.11 billion by 2026.

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14 Logistics Trends for 2023: A Brave New World Has Arrived – Part I

American Global Logistics

Disruptions will likely continue and may increase, making this lull an ideal time to embrace big data and analytics. #3 3 Real-Time Supply Chain Visibility (SCV) Supply chain visibility promotes quick responses to disruptions thanks to the use of real-time data. . #5 Covid-19 accelerated this nascent trend.

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Building Resilient Supply Chains is Hard — but Essential

Enterra Insights

This as Gartner predicts that ‘by 2026, more than 75% of commercial supply chain management application vendors will deliver embedded advanced analytics (AA), artificial intelligence (AI) and data science.’

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How IoT Improves Consumer Packaged Goods Value Chain

Savi

Driver Shortages: It is estimated that by 2026, the industry will be short 175,000 drivers. This shift is hard to handle because the CPG industry spends at least 5% of revenue on transportation. Plagued with driver shortages, theft, and delays, transportation undermines results from all other cost initiatives.