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Key Insights from NRF 2024: Navigating the Future of Retail

ToolsGroup

Amidst the AI dominance, retailers are venturing into a new era of technological innovation centered around AI and machine learning (ML), emphasizing the role of these tools as the most efficient means for retailers to extract value from data. Effectively incorporating these tools necessitates a shift in thinking when seeking information.

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Philippines Retail Market 2022-2026

Vinculum

bn from 2022-2026 at a CAGR of around 11.68%. Such reports give a detailed synthesis of the market and a summary of the data from different sources as one of the critical parameters for the growth of the retail market in a diverse way. The post Philippines Retail Market 2022-2026 appeared first on Vinculum Group.

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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. Our research found similar results: 58% of Digital Inventory Report respondents plan to invest substantially in new inventory technologies. billion by 2026. Integration remains a challenge, however.

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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. In short, they help users make better decisions, much faster, resulting in improved financial performance, inventory efficiency, and customer satisfaction. Get the insights you need.

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

ToolsGroup

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 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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Cloud ERP and On-Premise – What is the Difference?

IQMS

type, cells, tooling, and MRO, Finite Scheduling and more. Manufacturers want real-time reporting, the flexibility of changing production schedules on the fly, real-time inventory visibility, and a real-time stream of shop data from workstations, Warehouse Management Systems (WMS), track-and-traceability, and lot tracking.

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How Does ERP Help Small Manufacturing Businesses Grow?

OptiProERP

From tools used on the shop floor to production components stored in warehouses to million-dollar, heavy-duty machinery, ERP helps you manage and maintain resources across all departments. How ERP enables leaders to make data-driven decisions with Business Intelligence tools. billion by 2026, growing at a CAGR of 10.2%