Remove Asia Remove Manufacturing Remove Sourcing Remove Tools
article thumbnail

Driving Sustainable Supply Chain Change

The Logistics & Supply Chain Management Society

by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”.

article thumbnail

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers. With its ability to derive insights from vast amounts of data and derive insights, generative AI has emerged as a valuable tool to optimize supply chain operations.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Digital and the Supply Chain—How Far Have We Come?

The Logistics & Supply Chain Management Society

The impact was across manufacturing plants, transport networks, warehouses, and retail outlets. Our analysis of digital and non-digital manufacturers over time shows an index of profit performance, with digital manufacturers outpacing their peers (Figure 1). Source: IDC 2021—Digital Analysis: Manufacturing.

article thumbnail

Prepare for Anything: Supply Chain and Ecosystem Predictions for 2022 and beyond….

The Logistics & Supply Chain Management Society

These events have highlighted a need for agility and have led to significant changes and approaches to managing supply chains across the Asia Pacific region. . By the end of 2022, half of all manufacturing supply chains will see the benefits of supply chain resiliency, resulting in a 10% reduction in disruption impact.

article thumbnail

Mexico sees solid manufacturing growth, courtesy of nearshoring

Resilinc

Mexico is seeing strong growth in manufacturing. market and secure redundant sources of supply. fabs tool up, Mexican companies can provide back-end process steps such as assembly and testing (as a center of automotive supply chains, Mexico is already a major destination for automotive semiconductors). Due to strong U.S.

article thumbnail

Geopolitical Risks and Supply Chains

Enterra Insights

From using insourcing and supplier diversification to insurance and other risk transfer solutions, both firms and governments need to leverage every tool available to build resiliency.” These scenarios should be able to take alternate views of demand signals and align them with the increasingly constrained supply and capacity sources.

article thumbnail

How Sourcing has Reemerged in a Covid-19 World

Jaggaer

For the first three months after Covid-19 hit, virtually every sourcing project , in every sector , was put on hold while companies tried to assess the situation and how best to deal with the epidemic. Get the white paper on Sourcing Strategies: Why One Size Does Not Fit All , written by Michael Lamoureux of Spend Matters.