Recent shifts in consumer behavior and disruptions to the supply chain and workforce have made warehouse management an increasingly difficult task. To alleviate some of the pressure, many manufacturers, retailers, and logistics companies are beginning to incorporate more supply chain technology systems into their warehouse processes. Along with resources such as robotics and other automated…
Global supply chains continue to weather crisis after crisis. The Delta variant of the coronavirus has devasted much of Asia, prompting nations to cut off land access for around 100,000 sailors who provide critical manpower for shipping lanes. Flooding has upended logistics routes in Germany and China for everything from fuel supplies to manufactured goods. Cyber attacks have disrupted container operations in the South African ports of Cape Town and Durban, causing further delays…
A 100-day Biden administration review found that global supply chains remain in crisis, even as economies reopen. A pandemic-related worldwide shortage of computer chips has stalled countless production lines, with automobile makers alone projected to lose $100 billion in 2021. A lack of delivery capacity has stranded ships outside ports, inflation is on the rise, and logistics companies struggle to recruit employees as the American workforce reshapes itself in…
Widespread vaccinations and warmer weather are leading to the reopening of communities and businesses around the world. As this occurs, supply chain companies will play a critical role in the global economic recovery from the pandemic. These businesses will benefit from many new opportunities but also face considerable challenges posed by shifting conditions. To stay…
The global pandemic brought massive challenges and changes to the world’s economies and supply chains. Many manufacturers initially cut back on production in anticipation of a massive slump in consumer purchasing. But consumers continued to spend through lockdowns, turning to e-commerce platforms as brick-and-mortar stores saw a decrease in foot traffic under lockdowns. While companies struggled to meet this unexpected demand, the…
As every retailer knows, the COVID-19 pandemic and resulting economic crisis have been incredibly challenging for the industry. Between statewide lockdowns, the need for enhanced safety and hygiene measures, and slowed economic activity in certain markets, the industry’s already narrow margins have gotten even slimmer and supply chain innovation has suffered. To survive and thrive…