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EU Push to End Forced Labor Could Drive $7B in Spending on Supply Chain Visibility

Supply Chain Brain

Verdantix predicts a $7 billion market for supply chain sustainability software by 2029, with EU manufacturing and retail firms expected to drive the bulk of that spending.

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Trends 2024: Artificial Intelligence

Enterra Insights

I look forward to seeing the benefits of machine learning reach more manufacturers in 2024. … With time, these capabilities will lead to unprecedented flexibility, quality and reliability in manufacturing.” After all, the technology is already there. ” Employment Turmoil.

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Inflation Reduction Act & What It Means for EV Production

QAD

This new tax credit could help to drive EV prices down, increase EV adoption, and give automakers the demand they need to transition to a BEV-heavy vehicle lineup—but that’s only if they can quickly regionalize their supply chains to meet the new “manufactured in North America” clause. How Does the Clean Vehicle Tax Credit Work?

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Choosing the Right WES: What to Look For

BlueYonder

My previous blog post focused on defining what a Warehouse Execution System (WES) is, as well as the benefits this solution delivers for retailers, manufacturers and logistics services providers (LSPs). billion in 2029 — an average annual growth rate of 14.3%. WES sales are projected to increase from $1.22 billion in 2022 to $3.12

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Circular Supply Chain: the Politics of Pollution

DynaSys

Why do manufacturers need to transform their operations to a circular model? Historically the reasons for manufacturers to engage in any sustainability initiatives were mainly regulatory or social. Some companies may have other reasons, such as an altruistic desire to do what is best for the planet.

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Can Supply Chains Adjust to a Circular Economy Over the Next Decade? Part 1

Enterra Insights

Former McKinsey analyst Markus Zils adds, “The circular economy aims to eradicate waste — not just from manufacturing processes, as lean management aspires to do, but systematically, throughout the life cycles and uses of products and their components. Footnotes. [1] 4] Smart Cities World , op.

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Can Supply Chains Adjust to a Circular Economy Over the Next Decade? Part 2

Enterra Insights

He explains, “Many of the materials that are utilized during manufacturing exist solely within the confines of the supply chain and never exit it in the form of the product or packaging. As the name implies, a circular economy is one in which the loop between manufacturers and consumers is closed. ”[4]. ”[4].