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Waste Eats Away the Bottom Line

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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Business as Unusual

Business as Unusual

A new IBM survey of 1,500 chief supply chain officers (CSCOs) reveals that supply chain leaders have accepted their fate: Business will continue to be anything but typical for the immediate future. The main focus for CSCOs now is to prepare for what happens next.

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Nearshoring Picks Up Steam

Nearshoring Picks Up Steam

All of the global supply chain snafus that have taken place over the past two years have caused many manufacturers to reexamine their supply chain and production networks. The question they all seem to be asking is: Should we bring production closer to consumption? A new report from Accenture indicates that answer is “yes.”

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Manufacturers Feel the Disruption Burden

Manufacturers Feel the Disruption Burden

Supply chain disruptions over the past 12-18 months—including shipping delays and parts shortages due to truck driver issues and congested ports—have heavily impacted manufacturers (see chart). That’s the consensus of Deloitte’s new study, Meeting the Challenge of Supply Chain Disruption, which was conducted in partnership with Manufacturers Alliance. (see chart).

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Get Ready for the Hype

Get Ready for the Hype

Industry buzz usually surrounds the release of a new Gartner Hype Cycle, and the 2022 Hype Cycle for Supply Chain Strategy is no different. The annual findings detail important changes in which strategies, technology, and workflows are making an impact. Along the continuum are these categories: Innovation Trigger Peak of Inflated Expectations Trough of Disillusionment […]

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Uncle Sam’s Infrastructure Spending, Explained

Uncle Sam’s Infrastructure Spending, Explained

With several key federal bills that bring dollars to logistics and transportation infrastructure passing recently, it can be hard to keep track of which funds are going where—and what it all means for supply chain and manufacturing professionals. Commercial real estate firm Savills breaks it down: Infrastructure Investment and Jobs Act: Signed into law by […]

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VERTICAL FOCUS: Agriculture/Bulk Agriculture Commodities

VERTICAL FOCUS: Agriculture/Bulk Agriculture Commodities

AG Outlook: Mixed Both clear skies and stormy weather are in the forecast for the agricultural sector. That’s the mixed-bag conclusion from a September 2022 panel discussion at the Ag Outlook Forum in Kansas City, Missouri. The panel of experts—including Kip Tom, former ambassador to the U.N. Food & Agriculture Organization, and Daniel Whitley, administrator […]

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