Remove 2026 Remove Manufacturing Remove Shipping Remove Sourcing
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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. Digital Twin Applications For instance, say you’re a manufacturer or distributor. Are you a manufacturer wondering how best to leverage real-time data to elevate your business performance?

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

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Consultancy UK). Supply Chain Dive).

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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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Intelligent BOM Management Drives Manufacturing Success

Arena Solutions

Most manufacturing companies must rely on many supply chain partners to design and deliver products to their customers under budget and ahead of schedule. billion in 2018, with estimated expansion at a CAGR of 7% through 2026, according to Grand View Research. Indented bill of material (BOM) pictured above with revision detail.

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What would happen if China invaded Taiwan?

Resilinc

One day in August 2022, a group of military and defense strategy experts gathered in Washington, DC, to play a game that simulated a Chinese amphibious invasion of Taiwan in 2026. and its allies would win while losing “dozens of ships, hundreds of aircraft, and tens of thousands of servicemembers.”

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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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Denied Party Screening: Why It Matters

QAD

If you’re the operations, supply chain or logistics manager of a manufacturing firm, knowing who your trading partners are — and that you’re engaging with authorized suppliers and customers — is critical. Furthermore, manufacturers in the US, must take into account deemed export laws. The alternative?