Remove 2027 Remove Procurement Analytics Remove Shipping
article thumbnail

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

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Increased Prices Resulting from Shortages and Supply Chain Issues.

article thumbnail

Nike’s Flawed Online Strategy and Lessons Learned

Supply Chain Matters

Supply Chain Matters draws reader attention to a published report that depicts how branded company Nike made strategic mistakes in its online distribution strategy during the time of Covid , and how the shoe and athletic goods retailer is still recovering. They smack of Nike’s iconic branding message: Just Do it !

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 10 inventory management trends to watch for in 2022

Unleashed

Inventory analytics goes mainstream. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Connect IoT tech to your cloud software to input critical real-time data to analytics and other business systems. This means faster shipping times, and lower transport costs.

article thumbnail

The Better Goal: More Fuel Efficient Trucks or Using Fewer Trucks?

Talking Logistics

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 billion barrels over the lifetime of the vehicles sold under the program. I’ve highlighted other case studies over the years.

article thumbnail

How Technology Can Help Small & Medium-Sized Businesses (SMBs) In The Supply Chain World

Turvo

Consumers or business owners create a purchase order. Once the items ordered are ready, the supplier contacts a shipping company to move the products. billion by 2027 , most large organizations are heavily invested in supply chain management technology and tools. This is crucial to maintaining seamless business operations.

article thumbnail

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. It is predicted to reach $78,981.5 million USD by 2027, growing at a CAGR of 4.5 percent between 2020 and 2027. What is 3PL? million USD in 2019.

article thumbnail

Tentative Deal Reached in UPS Labor Contract

Supply Chain Matters

That compares to a reported starting rate of $15.50 Added safety and health protections, to include vehicle air conditioning and cargo ventilation in all larger delivery vehicles, sprinter vans, and package cars purchased after Jan. more per hour in 2023, and $7.50 more per hour over the length of the five year contract.