Remove 2025 Remove Metrics Remove Procurement Analytics
article thumbnail

Using the Bits: Building Digital Outside-In Processes

Supply Chain Shaman

At the conference I encouraged the attendees to network with each other, to build a guiding coalition, to redesign supply chain processes for the Supply Chain of 2025. As shown in the 2015 Supply Chains to Admire report , over time, top performing supply chains plateau. The conference is always a lot of fun. What is a moment of truth?

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. The auto industry makes up less than 9% of chip demand by revenue, and that figure is expected to increase by 10% per year until 2025. Material Handling & Logistics ). McKinsey ).

Insiders

Sign Up for our Newsletter

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

article thumbnail

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement

Synovos

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”

article thumbnail

IoT Benefits for Supply Chain Operations

Enterra Insights

The Thomas staff reports, discrete manufacturing accounts for the largest proportion of IIoT spending. ” Today’s customers expect to know when their purchased products will be delivered. IBM reported that adopting IIoT insights for process optimization will increase product count by up to 20%.” ”[5].

article thumbnail

sust[AI]nability

Enterra Insights

It also is increasing the number of ‘carbon neutral’ brands it offers as consumers increasingly value this attribute when they purchase a product.”[6]. Everything from procurement, to production, to logistics can be improved using artificial intelligence. Why sustainability is important. ”[6].

article thumbnail

How Suppliers Demonstrate Best Practices to Buyers

SupplyShift

According to Gartner’s Future of Supply Chain: Crisis Shapes the Profession report, 77% of companies say that they’re investing in deeper and more collaborative supplier relationships to build resilience. For example, procurement, quality, and sustainability divisions at larger companies often sort suppliers into segments.

article thumbnail

Megatrends (Possibly) Shaping Supply Chain Trends: Technology

The Logistics & Supply Chain Management Society

Network slicing allows cellular 5G networks to deliver dedicated virtual networks across a single physical infrastructure, reducing costs, segregating traffic and enabling delivery of quality of service metrics like latency, bandwidth and congestion management.