Since the conflict began, the cost of filling a typical family car with petrol has risen by £14 ($18.20), while a typical tank of diesel has gone up by about £27.
It was not clear whether the men had intentionally targeted the shipments of the plastic bricks, which have become more elaborate and valuable for customers who treat them as commodities.
SMBs that commit to building real-time visibility, data-driven reorder logic and genuine supply chain flexibility into how they operate will be the ones weathering the next disruption.
The fragrance industry, once dominated by alcohol-based sprays packaged in glass bottles, is expanding to include oils, balms, solids, aerosols and other alternative formats that fall under hazmat regulations.
After decades of pursuing supply chain efficiency, U.S. companies have turned their focus to what’s politely termed “resilience,” but might better be described as redundancy.
In today’s evolving environment, packaging has become a critical driver of cost savings, efficiency and sustainability. Businesses across all industries are facing rising shipping costs, labor shortages, and increasing pressure to operate more sustainably.
The latest supply-chain news, analysis, trends and tools for executives in the retail industry — which comprises companies that operate physical or internet stores with diversified product lines. Learn how pharmaceutical and biotech companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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