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5 Megatrends Shaping Supply Chain Innovations

The Logistics & Supply Chain Management Society

In these times of global turmoil, there are five (5) important megatrends shaping supply chain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supply chain management. From global to local and regional sourcing. Marco Tieman – CEO, LBB International.

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People and Halal Supply Chains

The Logistics & Supply Chain Management Society

Muslim (majority) countries in Asia (such as Brunei, Indonesia, and Malaysia) and several countries in the Middle East are moving to stage 3: the halal supply chain. In other words, halal requires an organisation of the supply chain instead of just the factory: from source all the way up to point of consumer purchase.

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Driving Sustainable Supply Chain Change

The Logistics & Supply Chain Management Society

Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. Tender documents and responsible source guidance are requiring suppliers to show evidence of their actions to support ESG initiatives, as well as the actions of their suppliers. Companies, both large and small, are changing.

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This Week in Logistics News (June 22 – 28)

Logistics Viewpoints

Walmart announced that it will pilot agriculture technology with crop supply intelligence company Agritaskto get real-time information on crops and improve sourcing decisions around produce. The USDA has estimated that 30 percent of food loss occurs during agricultural production and harvest.

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Navigating Modernization Challenges: Peer Insights for Success in Digital Transformation and Automation

The Logistics & Supply Chain Management Society

Your data is the ultimate source of differentiation, a tangible asset, a revenue enabler, and driver of new services that power your business. Have you registered for LogiSYM Malaysia 2023? But data is only as valuable as how it is used to build better integrated experiences.

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Want to Succeed at a Large Firm? Become an Entrepreneur

Logistics Viewpoints

Then Jabil handles the sourcing and manufacturing of those products. They are sourcing from over 27,000 suppliers. Those sites are primarily located in China, Hungary, Malaysia, Mexico, Singapore, and the United States. The company engages in contract manufacturing services for companies.

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Joint tariff payment is a better strategy for both partners when compared with looking for a totally new supplier or sourcing from a different country altogether. Conclusion.