Articles

Supply Chain

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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How to Unlock Opportunity With a Procurement Control Tower

How to Unlock Opportunity With a Procurement Control Tower

With market volatility and sky-high inflation driving shifts in the price of oil and other commodities, it’s not surprising to see businesses adjust sourcing and inventory strategies in anticipation of future roadblocks. Plus, with consumer demand softening, many companies that largely over-indexed on orders last year are now sitting on a surplus of supply.

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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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What’s the Most Valuable Logistics Brand?

What’s the Most Valuable Logistics Brand?

The answer is UPS, according to the 2022 Brand Finance Logistics 25 report. With a brand value of $38.5 billion, UPS has held on to the top spot as the most valuable logistics brand in the world. Since last year’s report, the company’s brand value has increased by 28%.

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Keeping the Supply Chain Running in Ukraine

Keeping the Supply Chain Running in Ukraine

Since 2020, the business landscape has been full of crises for 3PLs operating in Europe. First a worldwide pandemic, now a war between Russia and Ukraine. Keeping a supply chain operating efficiently is challenging in the best of times, but how can companies best respond during game changing disruptions? Yuriy Ostapyak, a Ukrainian-born U.S. citizen and COO for Logistics Plus joined the Inbound Logistics podcast to discuss his company’s response to these challenges.

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