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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

This article explores the disruptive nature of supply chain disruptions, the significance of collaboration in managing direct spend, the role of Purchase Order (PO) Collaboration in tracking materials throughout the order cycle, and real-world challenges faced in PO Collaboration.

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Celebrating Leaders In Supply Chain Sustainability

Blue Grace Logistics

From 2010 to 2020, they also reduced emissions across their global operations 52% through energy efficiency and renewable electricity. net sales were represented by suppliers who reported to one or more sustainability surveys. 90% of their raw materials are purchased from sustainably managed forests. million barrels of oil, $37.5

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How VR, 3D Printing & Predictive Analytics in the IOT are Currently Powering the Manufacturing Industry

GlobalTranz

The use of predictive analytics has the potential to dramatically reduce expenses in the manufacturing sector, particularly with respect to proactive machine maintenance. According to Sundeep Sunghavi, the use of predictive analytics will save approximately $630 billion in the manufacturing industry over the next 15 years.

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The Future of Logistics: Are 3PL Companies Ready to Adopt these 4 Emerging Technologies?

GlobalTranz

This technology makes it possible for manufacturers, businesses and individuals to print exact working replicas of parts and products using metals, plastic, composite materials, and even human tissue. of those surveyed have comprehensive knowledge and know-how and plan to provide the services, 1.5% The EFT study revealed that 19.2%

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Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

GlobalTranz

This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. Skills Shortages. skilled production workers. researchers. machinists. scientists.

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Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

GlobalTranz

Provenance ensures transparency in supply chains, with the aim of encouraging brands to source materials and labor in an ethical and fair trade manner. In this article, Jake shows 2 Ethereum-based projects that demonstrate how Blockchain in supply chain grants success.

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7 Ways 3D Technology Will Change The Manufacturing Industry

GlobalTranz

According to a recent survey based report it is come to know that 3D technology will allow the manufacturer to double the mass production level. It will also reduce the shipment costs as a local manufacturer will no need to bring material from other countries. Reduce Crime. More Customized Products.