Oracle's newly launched update for its Oracle Fusion Cloud Application Suite will help customers with supply chain planning, operational efficiency and financial accuracy.
The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight.
Late payments also add to the financial pressures impacting suppliers, with 42% saying they expect to face increased borrowing costs over the next 12 months.
There are things that can be done with available technology to reduce the carbon footprint of e-commerce deliveries while we’re waiting for electric vehicles to come online.
In a highly connected and digital world, fragmented supply chains simply don’t work. Organizations today require end-to-end visibility, to compete and navigate the challenges that have recently plagued global businesses.
At a time when more consumers are embracing e-commerce and global manufacturers are still trying to catch up to demand, international shipping companies and ports continue to face labor shortages.