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Reviewing 2022 Shipping Challenges
How did shippers respond to challenges in 2022 and how do they plan to respond in 2023? That’s what Averitt’s eighth annual State of the North American Supply Chain Survey set out to discover. The survey asked 1,800 shippers about supply chain challenges in 2022 and measures their interest in various supply chain services moving […]
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Many Supply Chains Still in the Dark
Although technology innovations help shed light on additional insights into supply chains, some knowledge gaps remain. Up to 80% of executives responding to Verusen’s 2022 State of Supply Chain Management report say they can’t digitally track the movement of direct and indirect materials across their enterprise, which suggests that many companies may lack the technology […]
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IN BRIEF: New Services and Solutions
From new e-commerce solutions to RFID tags for tracking assets, here’s what’s new and notable in the supply chain.
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IN BRIEF: New Services and Solutions
From a high-capacity orderpicker to a new nationwide reefer van network, here are some notable supply chain services and solutions that recently hit the market.
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The Last Mile: Ice Cream Logistics… Licked
When it comes to frozen desserts, ice cream tops the list for U.S. consumers. Here’s how ice cream makers keep churning it out.
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VERTICAL FOCUS: Raw Materials
Insight into the latest supply chain trends for raw materials.
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NOTED: Supply Chain Highlights
From sustainability efforts to recent mergers and acquisitions, here’s what’s new and notable in the supply chain.
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Helping Manufacturers Weather the Storm
The manufacturing sector continues to chug along, with demand and production levels hitting new highs. But economic uncertainty and inflation may soon create some clouds on the horizon.
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Taking the Temperature on Sustainability
Many companies will continue to take sustainability seriously over the next 12 months. A recent Honeywell survey of 600 business leaders finds that 90% are pleased with their sustainability efforts over the prior 12 months, and 97% plan environmental, social, and corporate governance (ESG) budget increases in the next 12 months.
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Waste Eats Away the Bottom Line
Overproduction and waste may push margins in the wrong direction. A recent Avery Dennison report finds that 8% of stock perishes or is discarded before it reaches consumers–inventory losses worth up to $163.1 billion or 3.6% of annual profits. Of the 8% waste, slightly more than half (53.8%) is lost in the supply chain before products reach store shelves.
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