article thumbnail

Ultimate Guide To Technologies That Are Transforming Supply Chains

The Logistics & Supply Chain Management Society

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. According to PricewaterhouseCoopers, AI’s potential contribution to the global economy by 2030 is USD15.7

article thumbnail

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. Global paper output is expected to be 4 million tons short of its 2018 level, with predictions of 416 million tons in 2022. Material Handling & Logistics ). FastMarkets ).

Insiders

Sign Up for our Newsletter

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

article thumbnail

What You Need To Know About The State Of The Retail Worker Shortage

ToolsGroup

With reports of retail layoffs and overstaffing at companies (such as Walmart and Amazon) to cover Omicron-related staffing shortages, it would appear the shortage of workers may be abating. As per a recent report by CNBC , the labor department in the United States has 5.5 The risks surrounding the retail labor shortage aren’t new.

article thumbnail

A Story of Throwing the Baby Out With The Bathwater in Supply Chain Planning

Supply Chain Shaman

Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. The Supply chain leader wants Technology from Company C, and the demand planner intends to purchase a solution from Technology Solution D. We Give to You.

article thumbnail

Trends 2021: Consumer Packaged Goods

Enterra Insights

”[1] CPG reporter Paul Hiebert ( @hiebertpaul ) believes the CPG sector’s strong performance will continue in 2021. As most people know, the pandemic and resulting lockdowns forced consumers to use the digital path to purchase for many of the products they desired to buy, including food.

Packaging 100
article thumbnail

Supply Chain’s Next Decade of Dealing With the Unknown

MIT Supply Chain

At the time, I started a research project on supply chain sustainability that culminated in my book “Balancing Green: When to Embrace Sustainability in Business (and When Not To)” (MIT Press, 2018). The World Health Organization estimates that by 2030, 1 in 6 people in the world will be aged 60 years or more.

article thumbnail

A Purpose-Driven Series: The Line Between What’s “Right” and What’s Profitable

BlueYonder

With recent social movements and the world’s nations committed to promoting quality life for all through the adoption of the United Nations 2030 Agenda and the Sustainable Development Goals, being transparent about making ethical, social and environmentally responsible business decisions is critical to trust. . 4] Mona A.