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.
What better way to work off the anxieties of the pandemic than an at-home boxing workout? Yet the company that’s capitalizing on that urge has had to deal with its own set of frustrations in getting product to market.
Retailers need to implement proactive strategies that maximize inventory, or else face margin-crushing supply challenges. Artificial intelligence may offer a solution.
As the holidays approached and supply chains remain strained, businesses and consumers were eager for a return to normalcy in time for end-of-year surges. But with shipping containers stalled at ports and labor shortages reducing available workers, supply chain managers are seeing little improvement as 2021 comes to a close.
The procurement process is composed of symbiotic moving parts. When components don’t communicate efficiently, breaks in the supply chain occur, causing costly errors, lost time, and missed opportunities.