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Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. These technologies can examine huge portions of data from multiple sources, and recognize patterns and tendencies that would be impossible for humans to discern.

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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. They ingest information like transportation plans or shipment delays and model the implications of unexpected events. Digital Twin Applications For instance, say you’re a manufacturer or distributor.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

While the industry continues to be rocked by world events, uncertainty has become the new normal. Material Handling & Logistics ). Material Handling & Logistics ). 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK.

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Top 20 Warehouse Automation Suppliers Worldwide

Logistics Viewpoints

I will soon be publishing the 2021 base-year study with a five-year forecast through 2026. Vanderlande is a member of Toyota Industries Corporation within the Toyota Advanced Logistics Group. KNAPP offers integrated warehouse systems and logistics software solutions. Contact us for more information.

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Building Resilient Supply Chains is Hard — but Essential

Enterra Insights

She explains, “Today’s supply chain management companies live in a fortunate time where they can collect real-time updates on current events courtesy of the Internet and other technologies. As Davis notes, “Risk-resilient supply chains integrate design, planning, manufacturing, logistics, maintenance, and service.

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How CPG Brands Can Beat Disruption with Digital Manufacturing

QAD

I discussed this topic in a recent article for Food Logistics , and wanted to share additional insights here. Consumers are Thinking Differently and Shopping Smarter E-commerce sales accounted for an estimated 20% of all retail sales worldwide in 2022 and that figure will likely climb to nearly 25% by 2026.

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Why Multi-Carrier Parcel Shipping Strategies Are Winning in 2022

The Logistics & Supply Chain Management Society

Better sourcing processes, how to implement omnichannel fulfilment, and creative solutions for labour shortages. According to a Bloomberg article highlighting a September 2021 conference call with analysts, Chief Marketing Officer for FedEx, Brie Carere, shared that the parcel market is expected to grow 10% annually through 2026.