Remove 2027 Remove Inventory Remove Procurement Analytics Remove Procurement Solutions
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The 10 inventory management trends to watch for in 2022

Unleashed

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

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National Barcode Day 2023

Enterra Insights

As I wrote in a previous article, “Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them.”[1] The new ‘2D’ barcodes will unlock reams of online extras (for consumers) and revolutionize inventory management (for retailers).

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Nike’s Flawed Online Strategy and Lessons Learned

Supply Chain Matters

Supply Chain Matters draws reader attention to a published report that depicts how branded company Nike made strategic mistakes in its online distribution strategy during the time of Covid , and how the shoe and athletic goods retailer is still recovering. They smack of Nike’s iconic branding message: Just Do it !

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AI in eCommerce: Benefits, Use Cases, and Risks

Unleashed

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Goods are being produced, procured, and delivered more efficiently with reduced costs. In short, your entire supply chain can benefit from the use of AI in eCommerce.

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

ToolsGroup

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.

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How Technology Can Help Small & Medium-Sized Businesses (SMBs) In The Supply Chain World

Turvo

Consumers or business owners create a purchase order. billion by 2027 , most large organizations are heavily invested in supply chain management technology and tools. billion by 2027 , most large organizations are heavily invested in supply chain management technology and tools.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

Because they are focused on ironing out weaknesses in the supply chain, a 4PL partner can help minimise costs by finding the best solutions for the lowest price. Even slight delays or inventory shortages can have a severe impact on a company’s bottom line. It is predicted to reach $78,981.5 percent between 2020 and 2027.