Remove 2009 Remove Cargo Remove North America Remove Sourcing
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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. As some component lead times push into 2023, the shortage is expected to last 24 months before it recedes – similar to the chip shortage of 2008-2009.

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U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

percent drop in cargo volumes. According to data from Bloomberg Intelligence , container trade for the Asia to North America segment fell 26 percent during Q1 of this year. In the specific case of UPS , the carrier and logistics services provider has now been forecasting a decline in annual revenues since the recession of 2009.

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

Strategies include sourcing more items directly from manufacturers to improve margins, SKU rationalization and space reduction, “show more carry less” and assisted-store ordering. About 40% of VF Corp’s production is sourced from the Americas, more than double the industry average. million items each day.