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

The Logistics & Supply Chain Management Society

billion USD by 2026. Furthermore, using qualitative and quantitative forecasting to manage product inventory and distribution enables the wider operations of the business and results in improved customer experience. Investing in data analytics along with innovations in big data will have a significant impact on the business.

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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] Inventory Management. Inventory must be kept up to date, stored properly and ordered ahead of time — based on predictions of customer demand.”

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Trends That Will Transform Manufacturing in 2023 & Beyond

RFgen

As a result, new strategies have emerged to solve old and new challenges, from labor shortages to inventory supply. In 2023 and beyond, the Association for Supply Chain Management predicts that data collection, advanced analytics, and automation will all be essential to growth. 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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How IoT Improves Consumer Packaged Goods Value Chain

Savi

Agile supply chain operations, especially in the consumer packaged goods (CPG) industry, are using IoT and end-to-end shipment visibility software to outperform competitors with better service while keeping lower inventory levels. Driver Shortages: It is estimated that by 2026, the industry will be short 175,000 drivers.

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The Biggest Manufacturing Industry Trends in 2022

Unleashed

even before the pandemic , with features such as the use of big data and automation creating more efficient systems and processes. Global contract manufacturing is forecast to grow at a CAGR of over 9% until 2026. Industry 4.0 They include: Industry 4.0: