2028, Data and Sourcing - Supply Chain Brief

6 Manufacturing Trends You Need to Know

Arena Solutions

APRIL 4, 2023

The global cobot market size is estimated to be worth $866 million in 2022 and is forecasted to a readjusted size of $1682 million by 2028. Big data The use of big data is increasing in manufacturing. They are lightweight, flexible, and simple to integrate, making them perfect for use in warehouses with limited room.

Manufacturing Procurement

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Wholesale distribution industry news – 7 pointers that may help to prevent a business from going down in 2024

EMERGE App

APRIL 5, 2024

billion by 2028, growing at a compound annual growth rate (CAGR) of 6.5%. Everchanging product and development The wholesale distribution industry is predicted to experience major growth in the industry from 2024 to 2028. That was perfect news for those who are still running a wholesale, distribution, or trading business today.

Purchasing Skills

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2020 Challenges and Solutions for HVAC Distributors

EazyStock

JUNE 11, 2020

HVAC has a constantly growing market – especially a growing global market as emerging economies ramp up construction and additional end-users emerge (such as data centers who need to keep their machines cool and ventilated). The HVAC industry is already highly competitive and is predicted to grow 13% through 2028.

Procurement Solutions

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Supply Chain Matters News Capsule Follow-Up

Supply Chain Matters

NOVEMBER 14, 2023

This particular update includes reports of additional production worker wage hikes among certain global automakers along with reinforcement data that this year’s holiday seasonal hiring levels are at a ten year low. The move will reportedly increase existing hourly wage rates 25 percent by 2028. This report cites data from the U.S.

Supply Chain Design Software

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June 21, 2023 Update

Freightos

JUNE 21, 2023

Blog " * " indicates required fields Email * More Resources Home June 21, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market.

Negotiating Skills

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Why Energy Supply Chains are Transitioning to Renewables

Requis

SEPTEMBER 11, 2020

Despite the persistance of some strong fundamentals , 2020 may signal the true turning point in the shift to renewable sources for energy companies. This is not an isolated phenomenon: Norway has been divesting a number of funds of oil and gas investments, especially from high-carbon emission sources like Canadian oil sands.

Saudi Arabia

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Pharmaceutical Shipping: Tips to Lower Transport Spend

Intelligent Audit

JANUARY 5, 2022

By now, most news sources have shared the areas of concern and delays with road and maritime transportation. Using data can also identify the best ship from location by ship to zip, in addition to multicarrier strategies. Finding the best strategy that works for your company should always be backed by data. .

Pharmaceutical

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10 Trends in Supply Chain Management & Logistics for 2022

Unleashed

NOVEMBER 1, 2021

billion by 2028. A surge in big data consumption, digital transformation and adoption of 5G has all contributed to this monumental growth, and the further development of AI and internet of things (IoT) technology will contribute further. Data theoretically transfers from one to the other without obstruction.

Supply Chain Planning Software

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Empowering SMBs with Reporting and Analytics

Silvon Software

AUGUST 9, 2023

Small and medium-sized businesses (SMBs) have traditionally been slow to adopt analytics and reporting strategies — with SMB leaders often expressing frustration over their limited access to data and insights compared to larger competitors. For one, they may lack a scalable technology infrastructure or skilled workforce.

Analytics Software

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Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know

ivalua

JUNE 11, 2023

Source Implications for Organizations Expanded Reporting Requirements: Under the CSRD, a broader range of companies will be obligated to report non-financial and sustainability information. CSRD requires Scope 3 reporting , depending on company size, with a gradual rollout between 2024 and 2028. supply chain)- or affect your business.

Optimal Sourcing

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Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

DECEMBER 22, 2021

By 2028, the reverse logistics market size is expected to exceed 958 billion U.S. – Statista, Size of reverse logistics market worldwide, 2020-2028. The majority of shippers—83%—said they plan to adjust sources of supply as a direct result of efforts to rebalance towards regional and local/domestic sources.

Logistics Network Optimization Software

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Top 3 Ways AMRs Increase Warehouse Productivity and Efficiency

Locus Robotics

JULY 26, 2021

By 2028, it is expected that there will be a 6 million worker deficit* in the U.S. Not only do bots benefit associates by making their job simpler and safer but the bots also provide insightful data on warehouse operations. Source: U.S. Along with the increase in online sales comes a shortage of warehouse workers.

Sourcing Strategies

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How to grow your e-commerce business in Southeast Asia in 2024

Vinculum

FEBRUARY 2, 2024

The ecommerce revenue growth trends of Singapore, Malaysia, Vietnam, Thailand, Philippines, and Indonesia over the period till 2028 all show a growth of over 60%. Source: Statista Internet penetration in most of the Southeast Asian countries is very high at 65-75%. 1 Ecommerce revenue forecast of selected Southeast Asia countries.

Asia

Asia Indonesia Thailand Philippines

4 Post-Pandemic Opportunities for UK Beverage Manufacturers

Unleashed

OCTOBER 25, 2021

And we’re seeing much more interest in whether food and drink is ethically sourced and sustainably produced: 69% of UK consumers now say this is important to them. It makes sense then that kombucha is one of the fastest-growing industries in the beverages sector, and that it’s tipped to continue growing rapidly at a CAGR of 22.21% until 2028.

Beverage

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Responding to the 2023 IMO GHG Strategy

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

This means that further consideration will be required when the Strategy is next revised by the IMO in 2028. The maritime industry should embrace circular economy principles across the board to capture the full source of GHG emissions reduction potential. Open source is a way to spread the benefits of these technologies.

Material Savings

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Top 6 Logistics Software Vendors in the US for you to consider in 2023

Locus

APRIL 6, 2023

trillion by 2028, clocking a 2.4% Enter the era of AI-driven logistics solutions , far removed from the traditional, clunky methods of managing supply chains on Excel sheets, replete with manual data entry and limited routing capabilities. Descartes allows businesses to consolidate and manage supply chain data.

Logistics Network Optimization Software

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How to Classify Your Medical Device Under the EU MDR and IVDR

Arena Solutions

AUGUST 7, 2023

The risk level of the device will determine the extensiveness of the quality management system (QMS) as well as the amount of clinical data that needs to be gathered. This classification is based on the risk that the device poses to patient safety as well as the following factors: How long the device is in contact with the patient/user (i.e.,

How To

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Targeting Generation Z Consumers, Part 2

Enterra Insights

FEBRUARY 25, 2019

Combined those groups will make up roughly 70% of the global population by 2028. Gen Z consumers are aware data is being collected from them and they expect it to be used for their benefit. This is especially the case for how they use their data. Do your homework: gather your data, analyze it, and target intelligently.