Articles
Takeaways
Consumers Set Their Sights on Visibility
With COVID-19 disrupting the traditional retail model and more consumers expecting to find, buy, and receive products wherever and however they desire, the need for retailers to optimize and elevate their supply chain capabilities is imperative for maintaining sales and brand loyalty, finds a survey by enVista. Other key findings in the survey include: 87% […]
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Serving Up Sustainability
PepsiCo and General Mills plan to reduce their carbon footprint during the next 10 years, following similar initiatives by food manufacturing giants such as Kellogg’s and Smithfield Foods. New York-based PepsiCo, which owns Frito-Lay, Tropicana, and Quaker Oats, aims to use 100% renewable electricity across all its company-controlled operations by 2030 and across its franchise […]
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Warehouse Automation Prognosis
While revenue for the global warehouse automation market will likely decrease in 2020, order intake will grow significantly, according to Interact Analysis’ forecast. Other predictions in the report show: Market Growth Significant market growth in 2021 as project completion dates push from 2020 to 2021. Compound annual growth rate will increase by 11.9% in 2019-2024. […]
Read MoreUntangling Supply Chain Challenges
Digitization and complexity present overwhelming challenges, finds a new Körber study. 91% of supply chain professionals cannot stay ahead of their challenges as manufacturing and fulfillment complexities continue to grow. 51% of businesses can only tackle one supply chain challenge at a time. 48% of supply chains saw complexity grow in the past year, driven […]
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Brexit Baffles Freight Forwarders
Most freight forwarders doubt they can handle changes to the United Kingdom’s trading relationship in 2021, including new customs documentation and procedures, according to a study by the British International Freight Association. Key findings from the report reveal: Lack of understanding: More than half of freight forwarders say they have no knowledge or need to […]
Read MoreShooting for the Moon
In another step toward making the world your warehouse, the FCC awarded SpaceX nearly $900 million in federal subsidies to support broadband customers in remote U.S. areas through its Starlink satellite internet network. The subsidies are an incentive for broadband providers to bring service to underserved areas, and will be distributed in the next 10 […]
Read More3PLs Play Pivotal Role
Order volumes increased by 81% for third-party logistics (3PL) providers supporting e-commerce since the lockdown began, according to data from 3PL Central‘s customer base. These are the highest order volumes per 3PL ever, on par with Black Friday in 2019. 3PL warehouses fulfilling e-commerce orders experienced a consistent increase in order volume week over week. […]
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Cold Changes
Most cold chain businesses say that taking extra measures to protect the workforce is their No. 1 issue (see chart), according to the Global Cold Chain Alliance’s survey studying the ripple effects of COVID-19. Other key findings include: Common challenges. More than 50% of respondents say that supply chain disruptions, such as keeping up with […]
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Hopping on the Transformation Train
Global disruption has failed to halt shippers’ digital transformation plans: 52% of companies say they will increase their spending on digital transformation, and those concerned with economic disruption are 20% more likely to invest in digital transformation, according to a global research study from IFS. However, these numbers aren’t consistent across all geographies or industry […]
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Getting Out of the Woods
COVID-19 radically changed the workplace and how supply chains operate. Shippers that scale their technical infrastructure and put the customer first will thrive, says a study by Reuters Events and CalAmp. Other key findings include: Preparedness: Shippers say their logistics solution providers are managing the uncertainty of customer demand, scoring them an average of 72/100. […]
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