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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. Big, clunky, siloed, and out-of-date data. No pesky silos, no lags in information.

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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. Increased Shipping Costs, Delays, and Transportation Issues. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Consultancy UK).

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Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

These technologies can examine huge portions of data from multiple sources, and recognize patterns and tendencies that would be impossible for humans to discern. billion by 2026. Businesses of any size must be prepared to adjust quickly to altering consumer demands, supply shortages, and unforeseen events.

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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.

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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. Murata Machinery provides a range of warehouse automation systems including traditional AS/RS, shuttle systems, conveyors and sortation, warehouse transporters (AGVs) and more. Contact us for more information. Lee Partners.

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Megatrends (Possibly) Shaping Supply Chain Trends: Technology

The Logistics & Supply Chain Management Society

This evaluation also needs to consider sourcing the technology, implementation and support services necessary to enable the desired outcomes. This becomes increasingly important when we look at the overall digitalization trend, with factory data expected to grow by 400% from 2021 to 2025 (source IDC Manufacturing Insights).

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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.