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October 14th- 18th Supply Chain & Logistics News

Logistics Viewpoints

Boeing Cuts Production and Downsizes on Employees Amid Company Troubles Boeing is cutting 17,000 jobs, delaying the first deliveries of its 777X jet to 2026, and recording $5 billion in third-quarter losses due to financial strain from a strike by 33,000 workers, which has halted production of key jets.

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The Secret to Success with Machine Learning in Supply Chain Management

ToolsGroup

Gartner predicts that by 2026, 95% of data-driven decisions will be at least partially automated. Artificial intelligence (AI) and machine learninga subset AIhave fundamentally changed the way businesses operate. Yet, many companies struggle to harness AIs full potential.

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Your Demand Forecast Is Wrong. Here’s How to Fix It.

ToolsGroup

According to Gartner’s report, Maverick* Research: ‘Demand-Driven’ Is Deadly to Your Supply Chain , 90% of supply chains will still be demand-driven by 2026.

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3 Major Risks in the Global Cold Chain and How to Mitigate Them

C3 Solutions

compound annual growth rate through 2026. The global cold chain logistics market is likely projected to grow at a 17.9% Cold chains are an integral part of the global supply chain and logistics networks. Everything from produce to medicines and now even the COVID-19 vaccines need cold chains to be ferried.

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The Quietly Growing Conundrum of Online Returns

Logistics Viewpoints

As online shopping continues to grow – retail e-commerce sales are expected to make up nearly a quarter of total retail sales worldwide by 2026 – returns will become more prevalent. In the U.S, 21% of online orders were returned in 2021, up from 9% in 2019. Compare this to the 9% returns rate of purchases made in-store.

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Digital Twins Supercharge the Supply Chain

Enterra Insights

Gartner predicts, “The digital twin market will cross the chasm in 2026 to reach $183 billion in revenue by 2031.” Theyve provided a virtual mirror to physical assets, processes, or systems and [enabled] unprecedented levels of analysis, monitoring, and prediction.”[1]

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3PL vs 4PL: How to Know Which One is Right for You

GlobalTranz

Billion by 2026. from 2019 to 2026.”. As reported by GlobeNewswire , “ the global 4PL Logistics Market was estimated at USD 57.65 Billion in 2019 and is expected to reach USD 84.43 The global 4PL Logistics Market is expected to grow at a compound annual growth rate (CAGR) of 5.5%

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