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Industry Transformation: Advanced Manufacturing and Digitalisation of Supply Chain-Logistics

The Logistics & Supply Chain Management Society

The pandemic exposed major supply chain vulnerabilities affecting the Manufacturing, Industrial Logistics , Commercial sectors as well as Food Security challenges. ADVANCED MANUFACTURING AND DIGITALISATION OF BUSINESSES AND INDUSTRY. Supply Chain Resilience became an instant Buzz word amongst Policy makers and Industry.

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

ToolsGroup

In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). higher than 2020. As of 2020, only 12% of semiconductor chips were made in the United States. (

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Inoculating 2021 E-Commerce with Fulfillment Best Practices

Logistics Viewpoints

All around, 2020 lessons learned are fueling improvements in this new year. Fulfillment professionals also made great strides in 2020, driven by necessity, and many lessons can be applied in the year ahead to keep customers happy and operations on track. Others adjusted throughout the year to improve or struggled mightily to the end.

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Editor’s Choice: Fortifying Warehouse and Distribution Centers Against Cyberattacks

Logistics Viewpoints

Warehouse and DC operations can involve hundreds of suppliers, manufacturers, and logistics providers, each with their own network and security protocols. A 2020 cyberattack at TFI International, one of the largest trucking and logistics companies in North America, forced them to resort to manually sorting.

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This Week in Logistics News (July 31 – August 6)

Logistics Viewpoints

For the US Women’s National Soccer Team, the 2020 Tokyo Olympics were supposed to be another Gold Medal event, as it entered with a 44-match unbeaten streak. Varda Space Industries secures $42m for off-planet manufacturing. The cargo deliveries took place July 18 off the coast of Key West, Florida.

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Port and Maritime Cybersecurity Vulnerabilities Finally Get More Attention

Logistics Viewpoints

When terminals cannot move cargo, the costs can escalate quickly. A huge range of connected assets now exists, from cargo movement systems found in cranes to intelligent pumps, positioning, navigation, and timing systems (PNT), and vessels. Should we call the Maersk attack an OT-level attack or an IT-level attack?

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The Great Maersk Shift

Freightos

Nearing the end of 2020, Maersk has remained true to that goal. Today, 75 to 80% of cargo arrives on time. Their 2019 annual investor report explained the strategy as “based on creating additional value to our existing customers,” which, in 2020, has driven multiple acquisitions. Efficiency by unifying entities. It’s worked.