But as a number of public health experts have discussed in recent months, this virus is likely not going away; it will take different forms, and we must learn to adjust. What the supply chain industry can do is, first and foremost, create working environments that prioritize the safety and...
3.Recruitment is difficult for supply chain roles. The lifestyle challenges of supply chain jobs make them unattractive for college graduates, so the industry must come up with ways to deal with these so we are not perennially talking about labor issues as a constraint to how much volume can ...
In light of these challenges, it is essential to future-proof your supply chain. Shippers need comprehensive solutions to help businesses navigate the complexities of the global supply chain. While these may be the latest developments, there are certain to be many more in the future. We still ...
One of the world’s leading logistics experts gives his assessment of how COVID-19 has impacted the interconnected world of demand and supply.
About 30 percent of SMEs said they had already raised their prices because of supply challenges or were planning to do so shortly. The research revealed that businesses in the vast but comparatively sparsely populated state of Western Australia (WA) were the worst hit by supply chain obstacles....
As part of the quarterly report, the WEF canvasses a number of senior economists worldwide on global economic trends. Chief economists anticipate China to be especially hard hit by changes to global supply chains. Almost 75% expected supply chain restructuring to negatively impact China’s economy...
Control Over Supply Chain on a Global Scale If you are an automotive manufacturer, distributor, or supplier, you’re providing and sourcing a wide range of products internationally. To contain costs, you must be able to move towards “just-in-time” operations. To achieve this goal, you must...
Higher Inventory Visibility: Omnichannel logistics helps retailers to have a better understanding of their inventory and stock levels. This helps them to better manage their inventory and ensure they have the right amount of stock in the right place at the right time. Improved Supply Cha...
"Manufacturing activity was solid overall across most Districts, but supply chain backlogs, labor market tightness, and elevated input costs continued to pose challenges on firms' abilities to meet demand," it said. Outlooks for future growth were clouded by the uncertainty created by recent geopoli...
In the last 3 yr, worldwide challenges (war, supply chain difficulties, and continuing inefficiencies occurring since the pandemic) beyond those of the environment (higher temperatures than normal, excess rain and flooding, or extreme and long-lasting drought) have had an immense effect on ingredie...