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Consumers Are in Charge of the Digital Path to Purchase

Enterra Insights

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies.

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ERP Security in Manufacturing: Safeguarding Data and Operations

OptiProERP

ERP software is a complete business management suite integrating data and business functions across sales, finance, accounting, purchasing, production, and other departments. Below are the challenges manufacturers face in maintaining modern ERP security. Digital data stored in ERP gives cybercriminals a significant opportunity.

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The Biggest Manufacturing Industry Trends in 2022

Unleashed

As 2022 kicks in, the manufacturing sector is being shaped by technological change and the Covid-19 pandemic. Digital, connected and smart systems are on the rise, while at the same time manufacturers face challenges such as the ‘Great Resignation’ and clogged-up supply chains – as well as increasing demand for sustainable products.

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Trends That Will Transform Manufacturing in 2023 & Beyond

RFgen

Supply chain optimization and attracting talent will continue to be top-of-mind for manufacturers. Artificial intelligence (AI) is most likely to transform the manufacturing sector. Manufacturing has changed dramatically in recent years. With recent advances, AI will accelerate to become outsized in manufacturing trends in 2023.

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The Role of Blockchain in SCM, with Examples

SCMDOJO

Here, we’ll discuss how it becomes useful for SCMs and what are some blockchain supply chain examples. As per an estimate , in 2020, its worth was $253 million and predicted to grow up to $3,272 million in 2026. For example, the end users only can see the blockchain data and can’t make any changes to it.

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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. According to a recent survey, 91% of manufacturers plan to “spice up” AI technology with supply chain data analytics by the end of 2024. billion by 2026.

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Vendor vs. Supplier: how to Distinguish and Manage

Precoro

And is expected to double by 2026. Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. In this case, the supplier receives a commission from both the customer and the manufacturer. The vendor is quite a "flexible" term. Blurred lines.