Remove 2027 Remove Inventory Remove Procurement Analytics
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The 10 inventory management trends to watch for in 2022

Unleashed

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

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National Barcode Day 2023

Enterra Insights

As I wrote in a previous article, “Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them.”[1] The new ‘2D’ barcodes will unlock reams of online extras (for consumers) and revolutionize inventory management (for retailers).

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Nike’s Flawed Online Strategy and Lessons Learned

Supply Chain Matters

Supply Chain Matters draws reader attention to a published report that depicts how branded company Nike made strategic mistakes in its online distribution strategy during the time of Covid , and how the shoe and athletic goods retailer is still recovering. They smack of Nike’s iconic branding message: Just Do it !

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

ToolsGroup

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.

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How Technology Can Help Small & Medium-Sized Businesses (SMBs) In The Supply Chain World

Turvo

Consumers or business owners create a purchase order. billion by 2027 , most large organizations are heavily invested in supply chain management technology and tools. billion by 2027 , most large organizations are heavily invested in supply chain management technology and tools. Reduction of labor cost + raise in daily wages.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

Even slight delays or inventory shortages can have a severe impact on a company’s bottom line. It is predicted to reach $78,981.5 million USD by 2027, growing at a CAGR of 4.5 percent between 2020 and 2027. It is predicted to reach $78,981.5 million USD by 2027, growing at a CAGR of 4.5 million USD in 2019.

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The Role of Logistics Management in Optimizing Supply Chain Operations

Locus

This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. between 2020 and 2027. All successful modern-day businesses rely on an efficient system of logistics management.