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Zero Visibility to Complete Control: Supply Chain Optimization

Locus

Let’s look at the numbers for a moment: Statista predicts that global e-commerce sales will hit an astounding $8.1 trillion by 2026. Shockingly, according to a Gartner report, only 21% of companies boast a robust supply chain network that provides adequate visibility and agility. The worst part?

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Vendor vs. Supplier: how to Distinguish and Manage

Precoro

And is expected to double by 2026. Suppliers are your go-to for finding raw materials if you are procuring supplies for production. Introduce metrics for evaluating whether KPIs are met and standards achieved. In 2020, the global Supply Chain Management market was valued at $15.85 When to Work With Vendors. Yes, for sure.

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Circularity and the future of the digital product passport

o9 Solutions

The DPP is a proposed policy solution to support more sustainable production, circular business models, enable consumers in making more informed purchasing decisions and to allow authorities to verify compliance with legal obligations. What is the digital product passport (DPP)? These range from mineral extraction (e.g.,

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

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Following the outbreak of Covid-19, 93% of senior supply-chain executives reported their intent to make their supply chains more flexible, agile, and resilient. Chain Store Age ).

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Megatrends (Possibly) Shaping Supply Chain Trends: Technology

The Logistics & Supply Chain Management Society

Network slicing allows cellular 5G networks to deliver dedicated virtual networks across a single physical infrastructure, reducing costs, segregating traffic and enabling delivery of quality of service metrics like latency, bandwidth and congestion management.

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eCommerce Business Explained: How To Sell Products Online

Unleashed

This modern business model functions as the online solution to making retail, manufacturing, wholesale, and service-based sales. And it’s making strides: experts estimate that global eCommerce sales will reach $8 trillion (USD) by 2026. Services: Professional services that may be purchased over the internet.

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Green Steel Deal: are carbon tariffs in our future?

Resilinc

Most supply chain professionals probably consider “cheap steel and aluminum” a good thing: lower raw material costs generally mean lower prices on intermediate materials, parts, and finished goods. And chances are that few in the procurement field have ever given much thought to whether they were sourcing “high-carbon” steel or aluminum.