Manufacturing leaders believe the following forces will significantly impact economic operations in 2024: - Suppliers becoming more unreliable/unpredictable - Transportation and logistics becoming more unreliable/unpredictable - Increased demand - Factories needing to expand - Staffing issues and hiring freezes However, proper data management can not only mitigate these adverse effects, but provide trusted, actionable insights. Discover how to achieve this is Semarchy's recent article with EMSNOW : https://hubs.ly/Q02pSnHj0
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Manufacturing leaders believe the following forces will significantly impact economic operations in 2024: - Suppliers becoming more unreliable/unpredictable - Transportation and logistics becoming more unreliable/unpredictable - Increased demand - Factories needing to expand - Staffing issues and hiring freezes However, proper data management can not only mitigate these adverse effects, but provide trusted, actionable insights. Discover how to achieve this is Semarchy's recent article with EMSNOW : https://hubs.ly/Q02FgCzs0
Manufacturers are drowning in data — they need a lifeline · EMSNow
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With such a big emphasis on big data, the majority hesitate to trust what the data is saying in regard to supply chains. But the majority is shifting. #supplychain #supply #manufacturing #trustthedata #opempathy #supplychain247 https://lnkd.in/eZvhgm96
The Struggle With Supply Chain Automation
supplychain247.com
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Here’s what you need to know to turn a sea of manufacturing data into actionable insights. ASCM Insights via Henry Foster of MachineMetrics. https://bit.ly/44g7ODn #ascminsights #manufacturing #operations
Master Supply Chain Management with Internal Data
ascm.org
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While recent market shifts present challenges for #manufacturing, they also offer an opportunity for growth: the key is to leverage data to drive greater operational agility and innovation. In my latest article for Supply & Demand Chain Executive, I explore how a strategic #DataManagement plan can turn today’s complexities into tomorrow’s competitive edge. By refining how we collect, store, and use data, manufacturers can stay ahead of the curve and navigate any disruption with confidence. Read more here: https://lnkd.in/ggYedzTE
Stricter Data Policies Breed Flexible Businesses
sdcexec.com
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Are you familiar with the impact of analytics on your company? Leading enterprises are increasingly leveraging analytics within their supply chains to unlock the full spectrum of advantages offered by cutting-edge solutions. Through supply chain analytics, businesses can achieve heightened order traceability, pinpoint risk factors, and optimize operational benchmarks. This strategic approach stands as the essential solution for addressing the diverse challenges and obstacles encountered in both small and large-scale business supply chains. #Logistics #SupplyChain #TransportationManagement #TMS
How Analytics Improve the Efficiency of Supply Chain Management
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🌟 Exciting News! 🌟 In today's rapidly evolving world, logistics isn't just about moving goods from point A to point B anymore. It's about harnessing the power of DATA to drive efficiency, optimize routes, and enhance decision-making! 🚚💻 🔍 Curious to learn more about how DATA ANALYTICS is transforming the logistics industry? Click the link below to explore how cutting-edge technology is revolutionizing the way we think about supply chain management: [Unlock the Power of Data in Logistics] https://lnkd.in/gFeb_2Gu From predictive analytics to real-time tracking, the possibilities are endless when data meets logistics. Don't miss out on the chance to stay ahead of the curve and unlock new opportunities for your business! 💼✨ #Logistics #DataAnalytics #SupplyChain #Innovation #Tech #UnlockThePotential #StayAhead #LinkInBio 📊🌐
Data Analytics in Logistics: The Future of Supply Chain Management
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A new report into how technology is revolutionising supply chains shows almost half of industry leaders are failing to optimise mission-critical processes #supplychain #data https://lnkd.in/eJBDG5Au
Supply Chain Optimisation 'Stymied by Data Silos'
supplychaindigital.com
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Data is king, but without the power to translate data into actionable insights, it loses its crown.👑 Dive into the world of Decision Intelligence (DI) with Supply Chain Trend's latest article! Discover how DI is reshaping the game by providing prescriptive, automated decision-making that enhances agility, reduces risk, and optimizes resources. Don't miss out on real-world examples of how leading companies are leveraging DI to gain a competitive edge. Read the full article here: https://hubs.ly/Q02rjcpc0 #decisionintelligence #supplychainmanagement #LeanSolutionsGroup #logistics #datadriven #supplychainoptimization
Revolutionizing Supply Chain Decision-Making with Decision Intelligence
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"🤖Technology Solutions for 🌎Modern Shipping Challenges" How can investment in production reshoring benefit companies facing geopolitical tensions❓ How do sanctions & trade restrictions impact global shipping costs❔ The maritime trade sector has been unsettled due to geopolitical uncertainty, leading to multiple disruptions in the container shipping sector. Companies are increasingly seeking to diversify their supply chains and invest in production reshoring to mitigate these impacts. Strategic Recommendations 1.)Diversification of Supply Chains Companies should invest in diversifying their supply chains to reduce dependence on a single region. This approach can help mitigate the risks associated with geopolitical tensions and ensure a more stable supply of goods. 2.)Investment in Technology Adopting advanced logistics and supply chain management technologies can enhance visibility and efficiency. Real-time tracking and predictive analytics can help companies better manage their container inventory and anticipate disruptions. 3.)Collaborative Partnerships Forming strategic partnerships with shipping lines and port operators can provide priority access to containers and reduce the impact of shortages. Collaborative agreements can also lead to more efficient utilisation of available shipping resources. Overall On-Time Rate Index: 34.94%, increased by 1.09% from the previous period. Arrival and Departure Service On-Time Rate Index: 29.98%, decreased by 0.18%. Shipping Service On-Time Rate Index: 39.9%, increased by 2.35%. (Asia-Europe): Arrival & Departure Service: 18.17%, increased by 1.8%. Shipping Service: 28.77%, decreased by 2.35%. (Asia-Mediterranean): Arrival & Departure Service: 19.7%, increased by 4.71%. Shipping Service: 25.5%, increased by 0.21%. ...... Whether you're targeting buyers, suppliers, NVOCCs, or carriers, we can help you easily identify the best sales prospects and gain deeper insights into their business operations. Our services allow you to analyse trade routes or identify companies with the most at-risk supply chains. By reviewing the regions where your competitors source their products and the companies involved in shipping, you can understand your market share and make informed decisions about where and when to invest. Are you aware that the bottlenecks your company encounters may stem from internal issues❓ How can companies prepare for potential disruptions in the global shipping industry❔ I am adept at identifying these problems and providing immediate, innovative analysis reports. My approach is nimble, data-driven, and analytical, with a keen interest in new technologies. I maintain an inclusive perspective with a global mindset, ensuring comprehensive and forward-thinking solutions. 🎶There is a YouTube link for the commentary video related to this article: 👉🏻 https://lnkd.in/gVPZPvnh #Geopolitical #Technology #management #Global #trade #Risk #Supplychain #Logistics #rates #tensions #Shipping #industry
How ⏱real-time tracking & 🧐predictive analytics enhance supply chain management amid uncertainty❓
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Are you looking to enhance your supply chain efficiency? Explore the crucial role of data in modern supply chain management.
Data: The backbone of the modern supply chain
supplychaindive.com
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