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What is Supply Chain Visibility and Why Isn’t It Enough?

Logistics Viewpoints

In a survey of 150 global manufacturing executives, 47% committed to improving supply chain visibility and tracking. According to the Global Supply Chain Disruption and Future Strategies Survey Report, this goal was the top-ranked planned tool investment. This example illustrates why supply chain visibility isn’t enough.

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60% of Warehouse Leaders Plan to Deploy RFID by 2028

Logistics Business Magazine

Accelerating Modernization to Manage Returns The survey showed 74% of European warehouse decision-makers (73% globally) have or will be accelerating timelines of modernization projects. Meanwhile, eight in ten warehouse associates agree using more technology and automation helps them meet or exceed productivity goals.

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Navigating a Lost Bill of Lading (BOL) with Courier Companies in International Trade

MTS Logistics

According to a 2020 analysis by the Insurance Information Institute, these disruptions cost firms an average of $1.45 According to a survey by the Global Supply Chain Institute, 59% of companies reported that supply chain disruptions resulted in increased administrative work. Statistics and Examples 1. million per event.

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Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains

3PL Links

The primary logistics trends for 2024 are shown below, along with examples of how some of the industry’s top businesses are already incorporating them into their plans. Product personalization: Product personalization is made easier by the ability to comprehend customer preferences through big data analysis.

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How manufacturers and distributors can address supply chain management challenges

SYSPRO Smarter ERP

Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage. Primarily this meant increasing inventories as opposed to other strategies like nearshoring. Risk analysis is becoming an important part of SCM.

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What are the true causes of ongoing supply chain disruptions?

SYSPRO Smarter ERP

There are many causes, for example, container ships from Asia are now too large to traverse the Panama Canal (20 years ago they were not), so they offload on the West Coast of the United States and are compelled to truck all goods to the East Coast. The analysis is mostly on point; however, the blame does not lie with Lean.

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The State of Supply Chain Trends Part IV: Data Analysis, Wearables, and the Cloud

GlobalTranz

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. In fact, up to 70 percent of companies surveyed in Europe have already implemented cloud-based solutions to enable rapid scalability and flexibility.