Allianz estimates that global trade will increase by 2.8% in 2024 — below the average of 5% — blaming that on disruptions brought on by the Red Sea crisis.
The actual experience of many logistics and other business executives suggests that artificial intelligence remains more a subject of hope and hype than a practical tool in everyday use.
Editor's Letter: When it comes to “social sustainability,” or human rights, much of the corporate world is still unprepared for the regulations and legislation that they’ll be encountering.
The attacks on Red Sea shipping have forced carriers to reroute their vessels around Africa’s Cape of Good Hope, resulting in increased cost. But that hasn’t fazed New Balance.
Gartner predicts that by 2028, 70% of companies will adopt regionally diversified supply chain models to improve network resiliency in the face of ongoing global disruptions.
The chemicals industry, which contributes trillions of dollars to the global economy every year, is undergoing a significant transformation due to recent social and political trends.
The U.S. has the potential to reclaim its throne as one of the world's manufacturing powerhouses — but not in the ways other countries have achieved this mission.
While supply chain automation often begins in the warehouse, it can extend beyond to transportation management, fulfillment and returns, and even customer-facing locations.
With AutoPilot and AutoPilot Central, the company says, supply chain managers can reduce planning time by 97%, reduce inventory waste by 13%, and optimize labor planning, among other benefits.
The company says that, by consolidating deliveries of perishable and dry goods in one truck, food manufacturers, distributors and retailers can eliminate the costs of multiple deliveries.
Over 10% of global greenhouse gas emissions stem from deforestation and forest degradation, driving the EU’s upcoming implementation of stringent regulatory requirements.
A December 2023 study reveals that 40% of procurement leaders have yet to integrate sustainability into their decision-making processes, and 37% remain unaware of pertinent legislation.
Implementing a mature ESG supply chain program has been proven to unlock a multitude of benefits, from reducing costs and improving brand image to increasing resilience and ensuring supply continuity.
Disruptions to global supply chains aren't going away anytime soon. Jason Tham, chief executive officer with Nulogy, explains how companies are addressing the problem with technology.
Artificial intelligence can aid in the primary goal of warehouse management: to get the right inventory as close to the end-consumer as possible, says Corey Calla, president and CEO of SencorpWhite.
Lisa Walker, managing director and global industrial practice leader at DHR Global, describes the plight of manufacturers who are facing a shortage of workers in the years ahead, and offers some solutions to the problem.
Managing a global supply chain has never been more challenging, with complex, ever-evolving regulations, increasingly frequent extreme weather events, volatile geopolitical crises, and sophisticated cybercrime.
Join the upcoming webinar to learn how a smart data fabric can be used to unify data across disparate sources and accelerate AI-driven decision intelligence.
A variety of Digital Twins are being created and leveraged across industries to improve business performance. Connect with two senior Deloitte Consulting leaders that have been helping their clients in this area for many years to learn more about the various types and uses of Digital Twins and the business impact they can have across an enterprise.
Supply chain leaders are under more pressure than ever to lower costs, expand margins, and balance growth and profitability — all while facing skilled labor shortages and rising materials and logistics costs.
Fortunately, there is a ready-to-use (and simple) solution that can virtually eliminate the use of plastic in many types of packaging. Read on to see how you can quickly and easily cut the amount of plastic in your packaging by up to 99%!
Ongoing disruption requires companies to make a fundamental shift in their supply chain strategy. What makes this transformation so difficult is that the scope of change required is extensive, involving many internal (and external) stakeholders, data and technology.
Managing a supply chain is a complex task which has only grown more intricate in recent years due to globalization, a volatile geo-political landscape, technological advancements, and the increasing demands of consumers.
The problem of modern slavery — coercing labor from ethnic minorities and economically disadvantaged adults and children — has lurked in global supply chains for decades. But trade laws in recent years have made it crucial for businesses to address this risk now in their supply chains — or face serious consequences.
SupplyChainBrain will once again feature its annual list of 100 Great Supply Chain Partners in the August 2024 issue. Click here to nominate any of your partners.