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Power Your Business Sustainably Through Solar Energy

The Logistics & Supply Chain Management Society

A report also found that a fifth of the 2,000 largest publicly-listed companies in the world have pledged to pursue a net-zero strategy. Singapore has also embraced solar energy, having multiplied its solar capacity by more than seven times since 2015.

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Cloud ERP vs. On-Premise ERP

OptiProERP

Companies are not only acknowledging the advantages of effective ERP systems, they’re also increasingly adopting these solutions such that the market will be worth $60.23 billion by 2026. Advanced technology, AI, data analytics, IoT, and global competition have collectively engineered the need for more transparent business processes.

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Vendor vs. Supplier: how to Distinguish and Manage

Precoro

And is expected to double by 2026. Efficient SCM starts with a well-managed network of suppliers and vendors. For example, software vendors often sell software and support services to the end-user on behalf of large IT corporations. Introduce metrics for evaluating whether KPIs are met and standards achieved.

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Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

Logistics industry was experiencing capacity constraints, driver shortages, sudden upticks in e-commerce demand, new technologies, different fulfillment models , delays, port congestions, canal blockage etc. But now we have entered a new era of logistics that requires technological adoption and strategic execution.

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Megatrends (Possibly) Shaping Supply Chain Trends: Technology

The Logistics & Supply Chain Management Society

Megatrends (Possibly) Shaping Supply Chain Trends: Technology. The necessity of having a technology scan every few months is becoming essential in today’s world. In doing so, use cases and new tech announcements are gathered and shared across the organization and used as inputs driving the technology roadmap.

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3 ways retail warehousing impacts profitability

6 River Systems

With online retail penetration projected to reach 25% by 2026, that means 75,000 stores could be forced out of business by that same year. With brick-and-mortar retailers closing their doors, smart companies are leveraging this prime real estate to gain much-needed warehouse capacity in ideal locations.

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Last mile costs rising fast

Cathy Roberson

The 2020 holiday season was one of delivery delays and insufficient capacity for many last-mile carriers as more consumers shopped online versus in-stores. This combination resulted in higher shipping costs for retailers. “Of the $470 million, we estimate $230 million was incurred in higher wage and purchase transportation rates.