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How Supply Chains Stay Competitive in a Digital Marketplace

Morai Logistics

Survey results from ‘623 supply chain professionals across 17 countries’, concluded that one of the top industry challenges was ‘facing global competition’. The definition of ‘supply chain’ has also shifted over time. Over the last two decades, the competitive landscape of supply chain and logistics has changed considerably.

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Analytics in Supply Chain Management Becomes Central As Coronavirus Escalates

IoT World Today

These tools will become the foundation on which supply chain managers gain insight into their markets and erratic supply and demand trends. According to a 2018 Statista survey, visibility into that chain is a significant organizational challenge for 21% of supply chain professionals. And again, data quality is a huge concern.

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The Future of Retail Distribution

247 Customs Broker

As a system that brokers orders across various systems and processes that multiple parties use to fulfill demand, DOM usage “continues to grow,” according to Dwight Klappich, research VP at Gartner, Inc., This provides a definite plus for the retailer that’s looking for long-term solutions to their key distribution challenges.” .

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[INFOGRAPHIC] Industry 4.0: Powered by the Internet of Things & Digital Manufacturing

GlobalTranz

Gartner estimates that in 2020 more than 26 billion devices will be able to communicate and signal via the internet. A SAS survey found that 18 percent of industrial machinery companies have already started to use ‘IoT devices’ to increase production and reduce costs.