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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%

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A Story of Throwing the Baby Out With The Bathwater in Supply Chain Planning

Supply Chain Shaman

Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. He owned licenses of software planning from the ERP provider, and he believed that the ERP solution could not meet the specification. The volatile meat market changes daily.

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Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

A research from Google, Temasek Holdings and Bain & Co showed the region’s online spending could reach $1 trillion by 2030. Brand loyalty is no longer the driver for consumer purchasing decisions. So, it appeared consumer demand would remain high despite COVID-19.

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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. The global AI software market is expected to increase to USD 126 billion by 2025 , according to data from Statista. These examples are just the tip of the iceberg.

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Sustainable Food Waste Management for Food Industry SMEs

Unleashed

Let’s look at how smart food businesses can reduce their waste – and how the right food manufacturing software helps them do it. How can food and beverage manufacturers reduce their waste? The following five strategies can help food and beverage manufacturers to manage and reduce their food waste: 1.

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Why You Should Conduct Internal Quality Audits

Arena Solutions

If you’re a product developer, manufacturer, or part of an engineering team, you know the excitement, challenge, and profitability that come from transforming an idea into an actual product. billion by 2030. In 2022 alone, the global aerospace and defense market size has grown from $795.92 billion to $855.62 billion in 2023.

Quality 88
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Seeing Beyond the Firewall

Supply Chain Shaman

The majority of manufacturing and retail companies want better performing supply chains. Process industry leaders–chemical, consumer packaged goods, food/beverage–have greater issues using data, with software usability, and building effective connections to align and build effective relationships with trading partners.