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…
ARTICLE UPDATED ON NOVEMBER 28, 2022 The demand for home delivery and the rise of e-commerce operations has led to significant growth within the warehouse industry, with a 2021 study citing that demand for warehouse space in 2021 had grown by 22% year-over-year, greatly exceeding the need in 2019 and 2020. To compete with the…
In recent years, the issue of food traceability has received increasing attention from both producers and consumers. For manufacturers and producers, tracking food in the supply chain makes it easier to comply with FSMA food safety rules and prepare for potential emergencies such as foodborne illnesses. The recent example of Salmonella infections linked to onions…