Remove 2027 Remove Manufacturing Procurement Remove Procurement Analytics
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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. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

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Sustainable procurement: Everything You Need to Know

Precoro

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

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What’s Driving Change in Food Manufacturing?

DELMIA Quintiq

Shifts in food manufacturing often mirror consumer trends, but they typically reflect technological advancements, too. However, if they do, the benefits could reach consumers and manufacturers alike. People purchasing the items can feel more confident about food freshness and not worry about checking date stamps. from 2021-2027.

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National Barcode Day 2023

Enterra Insights

Some people predict that these 1D barcodes will become obsolete in the near future as more sophisticated tagging technologies — like Quick Response (QR) Codes and Radio Frequency Identification (RFID) — gain momentum.[3] The advantage of more sophisticated techniques is that they can provide much more information than 1D barcodes. .”[5]

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Added Information to Report of Volkswagen Battery Plant Investment in Canada

Supply Chain Matters

Background In a published Supply Chain Matters posting in March, we informed our readers that global automotive manufacturer Volkswagen announced that it was investing in a battery production site in Canada to support North America electric vehicle assembly needs. Plans reportedly call for the facility to be operational by 2027.

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The 10 inventory management trends to watch for in 2022

Unleashed

Inventory analytics goes mainstream. For manufacturers and other organisations looking to improve their inventory management processes, cloud technology represents a major opportunity – especially when it comes to remote working. Accurately plotting costs based on live data. Improving efficiencies with data analytics.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. the digitisation of manufacturing. This outsourcing allows the company to focus on its core manufacturing business and higher-value projects.