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Three months into 2025, we have seen a barrage of on-again, off-again tariffs that have supply chain and logistics teams reeling, as they must rethink everything from next weeks shipping route to their foundational network models. It is not surprising that the TMS market will nearly double in size between 2024 and 2029, increasing from $11.75
The mismatch between the high demands by employers and the supply of logistics skills and knowledge is resulting in a growing gap in the logistics & supply chain market”. Talent gaps in logistics and supply chain, continues to be a top challenge and a source of high risk for many companies.
By 2029, companies with 1,000 employees and 450 million euros turnover will be impacted. Source: Deloitte The CSDDD is still awaiting final approval, but the core due diligence steps will require companies to identify potential, and actual adverse human rights and environmental impacts. billion euros turnover will need to report.
Around the world, e-commerce accounted for 17% of all retail sales last year and that number is expected to rise to 21% by 2029. The explosive growth of e-commerce also creates significant logistics challenges for retailers and D2C manufacturers. Increasing reverse logistics complexity. trillion in 2024 alone.
Using AI driven product nature of being and smart attributes, data can be structured to support the needs of ERP applications as well as strategic sourcing and Value Analysis activities , all from one data set. Practical Applications: Using AI Technologies to Maximize & Compliment Logistics Resources. Hong Kong: Logistics.
”[1] Commenting on the Gartner prediction, the editorial staff at Material Handling & Logistics (MH&L) write, “Supply chain officers need to take note of the fact that both consumer and shareholders are clearly shifting toward sustainability. ”[2]. ”[2]. ”[3] It’s an important question. Footnotes.
It includes optimally deploying millimetre wave technology to capture, transport, and rearrange goods, as well as applying other high-tech tools to facilitate logistics processes. The logistics industry is beginning to take advantage of the Internet of Things (IoT), artificial intelligence (AI), robotics, and data analytics.
Digital supply chains are: widely connected to both internal and external systems and data sources. For example; with a traditional planning model data is sourced and stored within the four walls. Internal demand planners and logistics teams. This limits the ability to share and source externally. highly intelligent.
Reportedly, this aircraft maker is currently sold out through 2029 on the narrow body A320neo family. Boeing continues to be challenged with ongoing supply chain shortfalls and other logistical and production issues. In the widebody segment, Airbus won 63 gross new orders.
Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. billion by 2029. billion in 2024. It is growing at 38.30% CAGR and is expected to touch USD 48.99
Some of these events will not likely occur in the next year, as I’ve tried to extend these predictions and recommendations for managers out to a timeline spanning 2020-2029, (which also gives me a bit of room for error). Let’s hope these don’t occur in the energy, hospital, or pharmaceutical sector.
He points out that because the solution was built using open-source software, experts could examine its code. The surge in energy demand from AI data centers could lead to a 70% increase in electricity bills for consumers and small businesses by 2029. appeared first on Logistics Viewpoints.
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