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Stringent Reporting Regulations Require Data Integrity

Logistics Viewpoints

For example, once the permanent CBAM system enters into force on 1 January 2026, importers will need to declare annually the number of goods imported into the EU in the preceding year and their embedded GHG emissions. Across the globe, requirements for stricter reporting on complex metrics are increasing.

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The 2022 Chlorine Shortage: Another Year of Poolmageddon

ToolsGroup

Image source: Cape Analytics. between 2021 and 2026.The Image Source: Nola. Image Source: USA Today. Image source: CNBC. Image source: Meme Generator. Image source: Cheezburger. Back in 2020, the world’s chlorine market was valued at around 99 million tons. The result? Demand for chlorine skyrocketed.

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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. In fact, it’s expected that more than 90% of IoT platforms will utilize some aspect of digital twins by 2026. Big, clunky, siloed, and out-of-date data. Think about these supply chain networks for a moment.

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Singapore’s largest fully automated cold storage at Tee Jia Food Hub

The Logistics & Supply Chain Management Society

The APAC automated storage and retrieval systems (ASRS) market is forecast to grow at a CAGR of about 10% between 2021 and 2026. Meanwhile, Automated Guided Vehicles optimize and automate material flow, from picking source pallets off conveyors and sending them to pickers for order consolidation — all while minimizing the risk of human error.

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The Future of Autonomous Supply Chains Part 1: Autonomous Shipping

Logistics Viewpoints

Autonomous supply chains can also help businesses by enabling new business models, such as direct-to-consumer, subscription-based, and circular, and creating new sources of revenue and competitive advantage. As it relates to navigation, some vessels already have autonomous navigation-related systems on board.

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

ToolsGroup

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times. Over 90% of the United States’ semiconductor-grade neon is sourced from Ukraine. Image source: Bloomberg.

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Swedish Steel Manufacturer Selects Ivalua to Further Optimize Procurement Efficiency and Mitigate Supply Chain Risk

ivalua

Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution.