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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

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Straw Pallets – A Game Changer?

The Logistics & Supply Chain Management Society

Wood pallets used for export shipments also contain an unhealthy level of formaldehyde due to fumigation, posing an unnecessary health risk for cargo handlers. As a matter of fact, the smog generated from refineries to extract polymers from crude oil to manufacture plastic is already posing a major health and environment risk to us!

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COVID’s Supply Chain Ripples: the SME Business Perspective

Freightos

Take Conner, the manufacturer of FORT, a magnetic pillow fort. Between September 2019 and September 2021, the cost of shipping a 40’ container from China to the US West Coast had increased from $1,500 to $20,586. Provided, that is, that the businesses could manage to manufacture and import their goods. . So what does it mean?

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You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021. meters draft, and cargo capacity up to 14,000 twenty-foot equivalent units (TEU); previously, it could only handle vessels up to about 5,000 TEU.

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Coronavirus and the Trade War: A Perfect Storm Argument for SMB Supply Chain Diversification

Freightos

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. Tariffs of course have impacted enterprise US businesses in tangible ways including higher costs to purchase imported goods and reductions in US manufacturing.

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The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

While lean manufacturing and just-in-time were game-changing concepts when they were introduced, agility and resilience must be taken to an entirely new level post pandemic. In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020.”.

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Looking Beyond Blockchain/Supply Chain Hype

Enterra Insights

The blockchain has the potential to transform the supply chain and disrupt the way we produce, market, purchase and consume our goods. Cheng-Shorland explains, “Supply chain is driven in large part by the procurement process. Everything moves through the process based on the procurement contract.”