article thumbnail

Building Resilient Supply Chains is Hard — but Essential

Enterra Insights

This as Gartner predicts that ‘by 2026, more than 75% of commercial supply chain management application vendors will deliver embedded advanced analytics (AA), artificial intelligence (AI) and data science.’

article thumbnail

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. Frequent interaction with the final customer makes vendors especially valuable for market surveys. In 2020, the global Supply Chain Management market was valued at $15.85 When to Work With Vendors.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Gain Control Over Your Production With Effective Capacity Planning

ThroughPut

While capacity planning can never be perfect, leveraging real-time data about your supply pipeline can help you create a near-perfect capacity plan, from planning strategy and material procurement to facility allocation and warehouse management. Step 3 – Raw material stock requirement analysis. Step 4 – Material Resource Planning.

article thumbnail

Gain Control Over Your Production With Effective Capacity Planning

ThroughPut

While capacity planning can never be perfect, leveraging real-time data about your supply pipeline can help you create a near-perfect capacity plan, from planning strategy and material procurement to facility allocation and warehouse management. . Step 3 – Raw material stock requirement analysis. Step 4 – Material Resource Planning.

article thumbnail

5 Reasons Why You Should Go for Paperless Warehousing

Vinculum

Traditionally warehouse was mainly thought as a storage location where items were procured from manufacturer and supplied to retail stores (mainly bulk operation) as end customer buy from stores. As per Ipsos (market research company) 11 of 12 market surveyed, consumers are frequently buying from online that they normally buy from store.

article thumbnail

A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

It is forecasted that by 2026, demand will mainly be linked to the rise in clean energy technology, in particular for neodymium-iron-boron (NdFeB) magnets –– critical components for electric and hybrid vehicles as well as wind turbines. Get in touch here. Introduction. The demand for Rare Earth Elements (REEs) is increasing.