Supply Chain Trends for 2022 – 2023 In 2022 – 2023 companies are looking to emerging technologies to streamline their supply chain. For example, Robotics, Artificial Intelligence (AI), and the Internet of Things (IoT) are a few of these technologies. In 2019 alone,...
Supply Chain Trends for 2022 – 2023 In a recent article on Financesonline, it stated that 62% of companies have limited visibility of their supply chain, 17% have extensive visibility and 15% have visibility only on their production. Disruptions in the supply chain,...
Supply Chain Trends for 2022 – 2023 The ongoing pandemic will continue to cause disruptions in the global supply chain. However, it’s had some positive effects. Companies are now looking at ways to improve their processes and gain more visibility into their...
Supply Chain – Loss of Revenue Everywhere you look, the global supply chain is a mess and shortages of everything from fuel to food and toys are driving prices higher. While it may be easy to point the finger at the pandemic, it only deserves partial blame. Companies...
Supply Chain – Loss of Favorite Vendor Status At the National Retail Federation’s Annual State of Retail & the Consumer virtual event, the NRF expects retail sales to grow from 6% to 8% this year. This is down from last year’s record-setting 14% growth, but well...
Supply Chain – Incurring Fines and Fees Supply chain woes will continue to plague the US. Depending on which expert you listen or what article you read, they predict it could take anywhere from 6-8 months to years to improve. Changes in the supply chain are causing...
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