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Trends 2024: Artificial Intelligence

Enterra Insights

I look forward to seeing the benefits of machine learning reach more manufacturers in 2024. … With time, these capabilities will lead to unprecedented flexibility, quality and reliability in manufacturing.” As I noted earlier, this so-called singularity is the source of both anticipation and anxiety.

Trends 264
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Warehouse Digitalization: The Warehouse of Tomorrow

Vinculum

The Digi-Smart manufacturing process empowers enterprises to gain control of their warehouses and ensures that products can be delivered to customers as quickly as possible. As Gartner predicts, drones will grow to over 13 million units in 2029 worldwide which was 989,000 in 2019.

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Circular Supply Chain: the Politics of Pollution

DynaSys

Why do manufacturers need to transform their operations to a circular model? Historically the reasons for manufacturers to engage in any sustainability initiatives were mainly regulatory or social. The cost to source and salvage residual components has historically been commercially prohibitive. McKinsey Commodity Price Index.

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The Insider’s Guide to Choosing the Best Inventory Management Software for Your Business

RFgen

After all, if products are not properly traced, accounted for, and utilized, there are far-reaching effects across the product life cycle, from procurement to delivery. billion by 2029. devices, and more—providing a single source of truth. Understanding the importance of inventory management is crucial for any organization.

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Can Supply Chains Adjust to a Circular Economy Over the Next Decade? Part 2

Enterra Insights

Mattos adds, “A critical supply chain challenge is how to reconfigure distribution channels, forecast methods and technology to generate value across business ecosystems. As the name implies, a circular economy is one in which the loop between manufacturers and consumers is closed. ”[3] It’s an important question.

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Airbus Acknowledges Supply Network Constraints Impacting Wide Body Production

Supply Chain Matters

This procurement further includes the aircraft being powered by General Electric engines, which is another boost to GE’s order backlog. The persistent flare-up outbreaks of Covid-19 globally that extended into 2022 were a factor in such forecasts. Reportedly GE Engine’s unfilled order backlog equated to $135 billion at the end of 2022.

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Supply Chain Predictions for 2020 (Who knew I’d still be writing this blog 18 years later!)

NC State SCRC

Given that we are about to enter a new decade, I thought it would be good to give these forecasts a good “think” (as they say in the soon-to-be-ex-EU-member UK), and come up with some predictions that could also be a bit provocative for discussion.