In recent trips to the grocery store, consumers might have noticed that package sizes are shrinking while prices remain the same, or in some cases increase.
In the face of major supply chain disruptions like port congestion, there are proactive measures you can take to mitigate the risks to your supply chain, starting with multi-tier visibility.
With the current focus on the tens of thousands of containers stuck on ships outside major U.S. ports, it’s easy to forget a maxim of supply chain management: If it’s not on wheels, it’s not moving.
When building a supply chain, it’s almost inevitable that businesses will look overseas. That often means dealing and negotiating with foreign languages.
Everyone is wondering what 2022 will bring for supply chains. But to understand how next year might unfold, it’s helpful to take a closer look at how earlier events shaped the landscape.