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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. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM). This is an important time for the supply chain profession.

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Sustainable procurement: Everything You Need to Know

Precoro

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

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Supply Chains Take Notice: Humans Have Made History — Not in a Good Way

Enterra Insights

degrees Celsius above preindustrial levels by 2027. First, and foremost, supply chains can help themselves by becoming more sustainable. Societal benefits are a secondary effect of sustainable operations. they must be sustainable). Becoming sustainable will be costly; even so, the long-term benefits are undeniable.

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

SCMDOJO

Data Integration and Logistics Efficiency Consolidating data from various sources and formats provides a full-picture view of logistics, giving managers all the information they need to make decisions. The market for logistics robotics is predicted to reach $6 billion by 2027.

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Trends 2024/Technology

Enterra Insights

Tech journalist Mark Haranas reports, “By 2027, Gartner predicts more than 70 percent of enterprises will use industry cloud platforms to accelerate their business initiatives, up from less than 15 percent in 2023.”[6] ”[7] Sustainable Technology. ” Quantum Computing.

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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. Source: Mallard Manufacturing. The Pallet Market Size. million in 2019, growing at a CAGR of 5.1% ” With 7.6

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The Role of Logistics Management in Optimizing Supply Chain Operations

Locus

An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. Source: Zebra Technologies). between 2020 and 2027. The global last-mile delivery market size is expected to reach $61.57 from 2019 to 2025.