article thumbnail

­Driving decarbonization with technology

Taulia

Additionally, the UK plans to implement its own Carbon Border Adjustment Mechanism (CBAM) by 2027, aligning with the EU’s approach to addressing carbon leakage. This approach often involves using standalone or point solutions that focus specifically on sustainability metrics and reporting.

article thumbnail

Supply Chain KPIs & Metrics: Our Top 24 for Manufacturers

Silvon Software

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market.

Metrics 81
Insiders

Sign Up for our Newsletter

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

article thumbnail

3PL vs 4PL: How to Know Which One is Right for You

GlobalTranz

Depending on the needs, the 4PL can begin to offer other services that go beyond the typical definition of a 4PL, such as tracking transportation metrics and partner performance, which is where consulting starts to enter the layers of logistics when thinking about 3PL vs 4PL and beyond. 5PLs and the Rise of Transportation-as-a-Service.

3PL 210
article thumbnail

The Better Goal: More Fuel Efficient Trucks or Using Fewer Trucks?

Talking Logistics

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 billion barrels over the lifetime of the vehicles sold under the program.

article thumbnail

Manufacturing Disruption is Here. Will Your Company Survive?

QAD

That average dropped to 24 years in 2016 and is expected to shrink to just 12 years by 2027. Choosing an ERP solution based solely on the individual goals and KPI metrics of key stakeholders today can result in a suboptimal solution in the years to come. In 1964, the average tenure of companies on the S&P 500 was 33 years.

article thumbnail

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

ToolsGroup

Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. billion in 2027. Crucial to creating catalytic convertors for cars, palladium has increased in price by 80% since the beginning of the conflict. Deloitte ). Wall Street Journal ). Financial Times ).

article thumbnail

AI in procurement: Applications, Challenges, and Mitigation Strategies

Precoro

AI can process large amounts of historical supplier performance data across multiple metrics, allowing procurement teams to make more informed, data-driven decisions instead of relying solely on anecdotal evidence or subjective evaluations. AI-driven contract negotiation Picture a future where contract negotiations happen at the speed of AI.