Remove 2030 Remove Inventory Remove Inventory Management Remove Procurement
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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Belief in efficient procurement.

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Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. I pulled up my covers to go to sleep four hours later. My question is, “Why?”

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The Dire Need for Data Automation in the Manufacturing Industry | AFFLINK

AFFLINK

Unpredictable Consumer Demand Trends Traditionally, organizations got away with loose forecasting and just-in-time (JIT) inventory management to match production to consumer demands. On the road, the American Trucker Association estimates needing more than 160,000 drivers to meet current demand increases by 2030.

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Supply Chain Matters COVID-19 and Ukraine Conflict News Capsule Update- October 25 2022

Supply Chain Matters

Trillion by 2030. . It is becoming clearer that supply chain procurement and logistics teams elected to route import shipments thru either U.S. Similarly, WSJ separately reported that trucking freight operators now indicate that the traditional peak shipping season is crumbling as overstocked retailers cancel any new inventory orders.

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AI in eCommerce: Benefits, Use Cases, and Risks

Unleashed

Goods are being produced, procured, and delivered more efficiently with reduced costs. Inventory management Inventory management can feel like a constant battle for eCommerce retailers. In this video, Sam Walker of Flowstore explains how AI-powered inventory management has improved their replenishment strategy.

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This Week in Logistics News (October 8-12, 2018)

Talking Logistics

I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.). Trucking costs to halve by 2030, study predicts (LLoyd’s Loading List). Did I mention they eat a lot? Loadsmart Announces $21.6 and up come the results on the screen.

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Ultimate Guide To Technologies That Are Transforming Supply Chains

The Logistics & Supply Chain Management Society

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. According to PricewaterhouseCoopers, AI’s potential contribution to the global economy by 2030 is USD15.7 Digital supply chain twins.