Remove 2026 Remove Sourcing Remove Supply Chain
article thumbnail

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

ToolsGroup

But here, we’ll be talking about supply chain digital twins. A supply chain digital twin is a complete model of your supply chain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand. Think about these supply chain networks for a moment.

article thumbnail

The Future of Autonomous Supply Chains Part 1: Autonomous Shipping

Logistics Viewpoints

Autonomous supply chains are systems that can operate with little to no human intervention, and they use artificial intelligence, robotics, automation, and sensors to optimize the flow of goods. The key technologies that enable autonomous supply chains are artificial intelligence (AI), robotics, sensors, and blockchain.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The 2022 Chlorine Shortage: Another Year of Poolmageddon

ToolsGroup

Covid-19 had its fair share of global supply chain victims , and chlorine is no exception. Image source: Cape Analytics. between 2021 and 2026.The Image Source: Nola. 40% of the country’s chlorine tablet supply was destroyed in the process. Image Source: USA Today. Image source: CNBC.

article thumbnail

Stringent Reporting Regulations Require Data Integrity

Logistics Viewpoints

This added responsibility for companies will have lasting effects on business operations, corporate partnerships, supply chain logistics, compliance requirements, and data integrity. Finding this data may reveal that double the work is being completed to source information that already exists in other branches.

Report 289
article thumbnail

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

ToolsGroup

Will the supply chain ever catch a break? With every link of the supply chain impacting businesses both large and small, keeping up with the globally disrupted supply chain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged Supply Chain.

article thumbnail

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. With F&B, pharmaceutical and eCommerce booming, cold chain operators and logistics service providers need to evolve their warehouses to support a strong, undisrupted supply chain.

article thumbnail

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. Global Media Contact.