ToolsGroup

APRIL 1, 2022

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Source: Consultancy.UK. Image source: Fortune. Consultancy UK).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Game Changer

AUGUST 10, 2021

Having been in dozens and dozens of Warehouses, Distribution Centres, and Manufacturing facilities every since I’ve seen pallets everywhere. million in 2027, from USD 79,008.6 from 2020 to 2027.” Source: Mallard Manufacturing. The Pallet Market Size. million in 2019, growing at a CAGR of 5.1%

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 98

Supply Chain Matters

AUGUST 11, 2023

TSMC to Construct its First European Chip Fabrication Facility Industry leader Taiwan Semiconductor Manufacturing Company’s (TSMC) announced this week that the Taiwan based producer will construct its first European based chip facility that will be located in Germany.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Scenario Planning Material Savings 52

Supply Chain Matters

APRIL 16, 2024

Reportedly, Samsung is planning to have the two fabrication facilities to be operational in 2026 and 2027. The aim is the ability to support the strategic supply needs in domestic based aerospace and defense, artificial intelligence and automotive supply networks. Under the provisions of the U.S. The consist of a $6.6

Electronics 52

Electronics Supply Chain Planning Software Supply Chain Design Software Texas 52

Supply Chain Matters

AUGUST 14, 2024

In addition to indicating significant impairment charges related to the company’s space business, CEO Guillaume Faury indicated that within the commercial aircraft business unit, there is now a focus on both 2024 aircraft delivery performance, specific supply chain challenges and the sourcing of “ key work packages. ”

Material Savings 52

Material Savings Cost Reduction Strategies Sourcing Strategies Supply Chain Planning Software 52

Supply Chain Matters

MARCH 15, 2023

Supply Chain Matters continues to highlight announcements being made by global auto manufacturers regarding supply network moves to support domestic and regional EV production and supply network needs. Plans reportedly call for the facility to be operational by 2027. Thomas, Ontario , upwards of a two hour drive from Detroit.

North America 52

North America Canada America Material Savings 52

Shipsy

JANUARY 28, 2021

SCM is the management of the flow of goods or services from source to destination by following activities like demand planning, raw material procurement, production, inventory management, order management, movement and storage, and transportation and logistics. dollars by 2027. Manufacturing. billion U.S. This number was 15.85

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Software Analytics Software 52

Vinculum

AUGUST 30, 2022

per cent by 2027. Epicor deals in providing Manufacturing solutions. As per the report, manufacturing companies top the list for accessing ERP software. Odoo acts as an open-Source ERP system software to appropriately provide tools to every business. Malaysia and Singapore deal more in trade and business. Sage Group.

Malaysia 52

Malaysia Supply Chain Planning Software Inventory Management Software Optimization Software 52

Supply Chain Matters

MAY 24, 2024

Noted is that the effort will be multi-year in nature “ given the complexity in manufacturing and longer lead times required to make changes.” billion by the end of 2027. This program is expected to include “ operational efficiencies, network structure changes, and product portfolio enhancements.”

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Pharmaceutical Supply Chain Design 52

Exiger Perspectives

SEPTEMBER 3, 2024

Stage 3: Full Implementation Once 2027 rolls in, the CBAM will encompass other products until 2032, when it reaches “full implementation” and applies to all imported products. Today, roughly 95% of manufacturing data exists outside of the organization’s immediate ecosystem.

Manufacturing Procurement 52

Manufacturing Procurement Purchasing Skills Pricing Training Price Reduction 52

QAD

NOVEMBER 4, 2021

Those that meet those three critical points first will win themselves a seat at the head of the table, putting them in a very favorable position in a market expected to be worth $115 billion by 2027. . Tesla, who has long been viewed as a leader in EV, made news late last year with its groundbreaking “4680” battery pack.

Automotive 98

Automotive Cost Reduction Strategies Price Reduction Modeling 98

Logistics Bureau

SEPTEMBER 28, 2020

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.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 97

Supply Chain Matters

MAY 22, 2023

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. Global Manufacturing Activity Levels Global manufacturing activity as depicted by the J.P. remains unclear.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Resilinc

JANUARY 24, 2023

By 2027, the market for chrome is expected to grow from $72.18M to $86.4M In a CNN piece on vulnerabilities in US drug supplies Resilinc’s, CEO, Bindiya Vakil had this to say: “Many of the raw ingredients that go in to making drugs are sourced from just two countries, China and India. What was the cause of these shortages?

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Design Trends Taiwan 62

Enterra Insights

JANUARY 5, 2022

New sources of data and AI driven models can be applied across companies’ product development, supply chain, and sales lifecycles to give them greater confidence, knowing they are on the right path to growth. .”[7] billion by 2027. In the year 2022, the logistics industry is predicted a bright outlook.”

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Trends Agile and Lean Supply Chain 100

Supply Chain Matters

JULY 28, 2022

Last week in a prior published mid-year assessment published by our research arm, we revisited previous published 2022 predictions assumptions related to now prevailing global economic, financial and manufacturing outlook perspectives. percent, two percentage points lower than earlier forecasted.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Supply Chain Planning Supply Chain Software 52

DiManEx

OCTOBER 25, 2017

billion by 2027 , disrupting the $T12 manufacturing sector. But to this day, the benefits of 3D printing, also referred to as Additive Manufacturing, remain elusive to most supply chain executives. As PwC states in a recent report , “manufacturing concerns such as feasibility and production costs are not the whole story.”

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Material Savings 75

Precoro

MARCH 31, 2023

For example, Unilever, a consumer goods company, has a responsible sourcing policy that includes human rights due diligence and requires suppliers to adhere to its human rights principles. Examples of social sustainability in procurement include: Sourcing from suppliers who provide fair wages and safe working conditions.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Unleashed

NOVEMBER 1, 2021

million by 2027 , at a CAGR of 25.8%. That means companies in logistics must continue to optimise their reverse supply chain functions and keep an eye out for sustainability partners such as packaging manufacturers and recyclers. But the question is: which practices? The EV trucking industry is expected to grow to US$1,893.1

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Trends 98

Unleashed

JUNE 23, 2021

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. through 2027 ( Allied Market Research ). Sources used in this article: [link]. Omnichannel requires a highly connected system.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

ThroughPut

MAY 14, 2024

Systems like the Manufacturing Execution System (MES) have been producing operational data for decades. Fact Check The worldwide Big Data market revenues for software and services are projected to increase from $42B in 2018 to $103B in 2027. That said, data is not a new element in supply chains. Did You Know?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Arena Solutions

AUGUST 7, 2023

no notified body involvement) under the IVDD as follows: • Class D devices: May 26, 2026 • Class C devices: May 26, 2027 • Class B and Class A sterile devices: May 26, 2028 STEPS FOR CLASSIFYING YOUR MEDICAL DEVICE UNDER THE EUROPEAN REGULATIONS 1. sterile gauze, personal protection kits) Class Im: Include a measuring function (e.g.,

How To 98

How To Quality Manufacturing Procurement Examples 98

Unleashed

NOVEMBER 15, 2020

through to 2027. Read more: How nutraceutical software helps supplements manufacturers. Source: Bloomberg. The market for dietary supplements containing Omega-3 Fatty Acids is enjoying a purple patch. Valued at US$2.49 Baby boomers are ageing. Baby boomer wealth is boosting the nutraceutical industry as this generation ages.

Vendor Strategies 84

Vendor Strategies Manufacturing Procurement Food Research 84

Unleashed

NOVEMBER 4, 2020

Here we overview the nutraceuticals industry in general, and look at what the future holds for nutraceuticals manufacturers, wholesalers and distributors in 2021 and beyond. The term nutraceutical describes products made from natural sources that have health benefits beyond the basic nutritional value found in food. billion by 2027.

Industrial 98

Industrial Industry Trends Manufacturing Procurement 98

Vinculum

NOVEMBER 25, 2020

Product Information Management is a software that collects, processes, and regulates product information centrally from a manufacturer, wholesaler, or retailer to issue a comprehensive analysis of all existing products. Bn and is projected to grow above US$ 12 Bn by the end of 2027. Manufacture and Retail Growth in PIM Market.

Resource Reduction 52

Resource Reduction Forecasting Software Predictive Analytics Software Demand Planning Software 52

Locus

DECEMBER 22, 2021

The majority of shippers—83%—said they plan to adjust sources of supply as a direct result of efforts to rebalance towards regional and local/domestic sources. Localization of supply chains means connecting customers with suppliers in local areas or fulfilling orders from local sources. Localization of Supply chain .

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling 52

Unleashed

JUNE 1, 2022

million in sales in 2021, with research by Brightfield Group predicting US$615 million by 2027. . These products are often lower in alcohol, and market themselves as hangover-free, with ingredients like CBD providing the relaxant effect. In US states where marijuana is legal, cannabis infused drinks generated US$252.9

Trends 98

Trends Price Reduction Cost Reduction Strategies Beverage 98

Supply Chain Matters

SEPTEMBER 18, 2023

Plans reportedly call for the facility to be operational by 2027. As Supply Chain Matters has noted in many other proposed plans to construct large scale production facilities, governments have gone to great monetary lengths to attract manufacturers to specific regions in the hopes of added employment and associated new tax revenues.

Supply Chain Planning Software 59

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Supply Chain Strategy 59

QAD

APRIL 18, 2024

Recent media reports have suggested that the White House has been contemplating responding to political and industry feedback by potentially delaying the stringent EPA fuel economy regulations initially set for 2027-2032. manufacturing prowess and reduce dependency on foreign components, particularly those sourced from China.

Material Savings 98

Material Savings Cost Reduction Strategies Resource Reduction Price Reduction 98

QAD

MARCH 26, 2024

Recent media reports suggest that the White House is contemplating responding to political and industry feedback by potentially delaying the stringent EPA fuel economy regulations initially set for 2027-2032. manufacturing prowess and reduce dependency on foreign components, particularly those sourced from China.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Price Reduction 52

QAD

MAY 18, 2023

The automotive industry is undergoing a massive technological transformation toward vehicle electrification and the shift presents huge opportunities for manufacturers that do business in the US, especially since the passage of the Inflation Reduction Act in August 2022. What’s in the Inflation Reduction Act’s New Clean Vehicle Credit?

Price Reduction 98

Price Reduction Cost Reduction Strategies Supply Chain Design Software Supply Chain Software 98