Remove 2027 Remove Innovation Remove Sourcing Remove Transportation
article thumbnail

The Evolution of Logistics: Connectivity, Data Integration, and Virtual Design

SCMDOJO

With the advancement of transportation, like wheels and navigation techniques, transport to distant territories was completed over shorter periods. The Industrial Revolution gave rise to large-scale production and transportation efficiency, which led to the modern logistics landscape that we know today.

article thumbnail

Everything You Want to Know About Supply Chain Management

Shipsy

All thanks to the technological innovations as well as modernization in the supply chain industry. dollars by 2027. Delivery deals with the logistics and transportation of the products. In today’s highly interconnected world’s economy, businesses have the freedom to operate across different countries. billion U.S. billion U.S.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Shippers Need Advanced Analytics More Than Ever

Intelligent Audit

Advanced Analytics Offer Enhancements Across the Spectrum of Transportation Management Needs. Realizing lower transportation costs advanced analytics -driven auditing and transporatin spend optimization efforts. Billion by 2027, growing at a CAGR of 17.9% from 2020 to 2027.”. Billion by 2027, growing at a CAGR of 17.9%

article thumbnail

Sustainable procurement: Everything You Need to Know

Precoro

For example, Unilever, a consumer goods company, has a responsible sourcing policy that includes human rights due diligence and requires suppliers to adhere to its human rights principles. In 2022, Nestlé also announced an innovative plan to tackle child labor risks and implement other sustainable practices.

article thumbnail

Data and Supply Chain: Seven Myths That Hinder Your Success with AI and Analytics

ThroughPut

The era of merely transporting products is over. Fact Check The worldwide Big Data market revenues for software and services are projected to increase from $42B in 2018 to $103B in 2027. This seems to be the #1 opt-out reason from digital innovation groups, which can be a big mistake.

article thumbnail

What Are B2B Marketplaces – And Should You Join One?

Unleashed

Globally, the B2B eCommerce market is predicted to reach nearly $US14 billion by 2027 , up from $US7.6 And given the rising popularity of B2B marketplaces, there has been a huge rush to create new B2B marketplaces – as with any innovation, some are proving more successful than others. billion in 2020.

article thumbnail

Debunking the 6 most common myths about industrial 3D printing and its impact on supply chains

DiManEx

billion by 2027 , disrupting the $T12 manufacturing sector. Growth is slowing, innovative players are disrupting traditional industries, consumers are demanding more sustainable products and as Lora Cecere writes , “current technologies are rapidly becoming obsolete,” driving supply chain executives to redefine their practice.