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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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Why Agile Procurement is Essential for CPOs in 2020

Jaggaer

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Bartolini’s view of modern procurement is one of an industry at a crossroads. However, he finds hope in how procurement has adjusted in the recent past.

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Sustainable procurement: Everything You Need to Know

Precoro

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

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Added Information to Report of Volkswagen Battery Plant Investment in Canada

Supply Chain Matters

Plans reportedly call for the facility to be operational by 2027. Inflation Reduction Act , which fosters consumer incentives to purchase EV vehicles if 50 percent of major battery components are produced in North America. These incentives reportedly involve annual subsidies and grants to offset the facility’s cost.

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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. through 2027 ( Allied Market Research ). Inventory Analytics.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

It is predicted to reach $78,981.5 million USD by 2027, growing at a CAGR of 4.5 percent between 2020 and 2027. The best example of a 4PL model is Amazon.com. And the trend towards online shopping continued, with the company reporting that online sales for the financial year ending June 2020 grew by 18.1

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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 !