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5 Signs You Need Advanced Supply Chain Analytics to Make Better Last-Mile Decisions

Locus

Your business needs data that reflects on-ground reality to build cost-effective plans for the final mile, and the need for advanced supply chain analytics arises here! This led him towards advanced analytics to make optimal decisions in selecting and managing players. trillion dollars by 2026. And the numbers prove it.

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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. Read also: Retailer guide to peak season shipping But there’s a catch. This is no small figure, and it inevitably means retailers must prepare to handle an influx of online orders.

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Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

On the other hand, augmentation — expanding supply chain knowledge with insights, predictions, and recommendations — maintains human centricity in the decision- making process. A system can automatically ship stock across the supply chain to optimize customer service and minimize obsolescence.

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Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

According to a recent survey, 91% of manufacturers plan to “spice up” AI technology with supply chain data analytics by the end of 2024. A recent study by MarketsandMarkets predicts that the blockchain supply chain market will grow from $253 million in 2020 to $3.27 billion by 2026.

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Five Advanced Technologies That Are Revolutionizing Logistics

Logistics Viewpoints

The energy crisis in China and the European conflict are bringing additional chaos in the form of production shutdowns, raw material shortages and blocked shipping lanes. The study predicts that a $10 billon company can realize over $31.2 Warehouse Task Automation. billion in 2020 to $15.79

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Streamlining Success: Unveiling the Power of Order Management Software in Supply Chain Optimization

SCMDOJO

billion figure by 2026, which was $1.0 Furthermore, it provides analytical reports, insights, and transparency. Order Tracking and Visibility Once an order is shipped to the customer, active tracking builds trust in the customer. These analyses assist in chasing KPIs and predictions for sales. billion in 2021.

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FreightWaves 3PL Summit 2022 – A Turvo Partnership

Turvo

trillion by 2026. . Supply chain and logistics professionals have conquered adversity during the past few years, but new challenges will hinder manufacturing and shipping operations globally. These systems can help increase predictability, visibility, and control in any supply chain. Yet, 3PLs encounter several obstacles today.

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