article thumbnail

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

The Logistics & Supply Chain Management Society

By 2024, 40% of APeJ-based supply chain forecasts will be automated through the use of artificial intelligence, improving accuracy by 5 percentage points. Data is becoming more immediately available across the entire ecosystem from forecast data through to actual demand data, coupled with production and supplier data.

article thumbnail

2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

However, the lessons garnered during the pandemic will likely drive inventory management toward less of a dependency on global-wide sourcing and more toward product postponement sourcing and customer fulfillment strategies. World economic growth was forecasted to slow from 3.5 and the United Kingdom.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Sustainability Will Fundamentally Change Your Supply Chain

BlueYonder

This touches almost every aspect of supply chain in every industry: from ethical sourcing to incorporating recyclability into the design, to biodegradable packaging materials, to end-to-end supply chains that can lower waste, buffer, and excess and obsolete inventory.

article thumbnail

American Software Reports Fourth Quarter and Fiscal Year 2022 Results

Logility

During the quarter, SaaS subscription and/or software license agreements were signed with customers located in the following 9 countries: Australia, Belgium, Canada, Denmark, France, Mexico, Sweden, United Kingdom and United States. Logility, Inc., a wholly owned subsidiary of American Software, Inc., Demand Management, Inc.

article thumbnail

Who is the Supply Chain Planner in the Age of AI?

Logistics Viewpoints

AI and machine learning (the subset of techniques most in use in business today) figure prominently on the agenda, as companies want to improve forecast accuracy with demand sensing, predict yields and lead times, optimize inventory, get recommendations on how to respond to disruptions, and more.

article thumbnail

October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

United Kingdom In the dependent region of the United Kingdom, the S&P Global/CIPS UK Manufacturing PMI® posted a value of 44.8, percent in 2022 to a forecasted 3 percent this year, an anticipated 2.9 percentage point increase from the 44.3 value reported for September. percent in 2024.

article thumbnail

Cost optimization is the key to sustainable EBITDA improvement

Proxima

We’ve seen millions of workers in the United States and United Kingdom laid off, and many economists forecast increasing unemployment in the coming months. This is where procurement consultancies can help with cost-optimization in supply chains.