Remove 2027 Remove Inventory Remove Sourcing Remove Sustainability
article thumbnail

2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Logistics and inventory management rounds out the top four focus areas at 82 percent. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM).

article thumbnail

The Role of Logistics Management in Optimizing Supply Chain Operations

Locus

This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. Source: Zebra Technologies). The global last-mile delivery market size is expected to reach $61.57 from 2019 to 2025.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Pallet Supply Chain and Lumber Price Impacts!

Supply Chain Game Changer

million in 2027, from USD 79,008.6 from 2020 to 2027.” Those who are interested in creating more sustainable supply chains will drive increased demand for plastic pallets for instance. Reestablishing inventory levels means that more and more pallet will be required to hold these goods. Source: Mallard Manufacturing.

article thumbnail

10 Trends in Supply Chain Management & Logistics for 2022

Unleashed

Equipment that we’ve seen increasingly automated includes: Automated storage & retrieval : Robotic order picking systems and other storage or retrieval technology lets robots find, pick and move inventory around large warehouses – at a much faster rate than humans can and with less risk to safety. million by 2027 , at a CAGR of 25.8%.

article thumbnail

Trends 2022: Supply Chain

Enterra Insights

New sources of data and AI driven models can be applied across companies’ product development, supply chain, and sales lifecycles to give them greater confidence, knowing they are on the right path to growth. .”[7] billion by 2027. Sustainability. Luckily, focusing on sustainability can have secondary benefits.

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.

article thumbnail

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.