The global aluminum industry is the latest industry to suffer massive price hikes due to supply chain disruptions. Aluminum reached $3,000 a ton for the first time in 13 years amid anticipation that problems plaguing global distribution networks will persist well into 2022. These problems include COVID’s Delta variant sidelining much of the labor force…
The concept of using warehouse drones may appeal to logistics companies as the COVID pandemic continues to disrupt global supply chains. Drones, and other forms of warehouse automation, are among many technological solutions businesses could potentially turn to as they brace for a potential logistics crisis when the holiday shopping season gets underway. Replacing some human labor functions…
The Delta variant, climate change, and labor shortages continue to disrupt global supply chains as the 2021 holiday shopping season approaches. Experts warn that most consumers can expect empty shelves and very high prices the longer they wait to purchase holiday gifts, décor, and other items. Meanwhile, logistics companies will have to contend with skyrocketing…
The global economy continues to suffer from debilitating supply chain shortages as we head into the final months of 2021. With computer chips in short supply, Toyota has announced plans to slash its worldwide production of cars by 40 percent. Furniture giant IKEA says it is struggling to supply more than 1,000 product lines in the United…
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…
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…