The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

As we finish 2021, the supply chain is front and center with challenges reported across the globe; across multiple industries from consumer products through to automotive. By the end of 2022, half of all manufacturing supply chains will see the benefits of supply chain resiliency, resulting in a 10% reduction in disruption impact.

Predictive Analytics Software 246

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Supply Chain Matters

FEBRUARY 12, 2024

The Ferrari Consulting and Research Group highlights a 2024 prediction of added labor activism continuing across industry supply chains in 2024. According to reporting by The Wall Street Journal , that level of worker labor activism was nearly eight times the number of workers involved in 2021.

Negotiating Skills 59

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Supply Chain Matters

MARCH 6, 2024

In February of 2021, Supply Chain Matters highlighted a memorandum of understanding with global contract manufacturing provider Foxconn Technology for volume production. Once more, the company has a stated goal to produce upwards of 22,000 vehicles in 2024. Being asset light, vehicle production was planned to be outsourced.

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Supply Chain Matters

NOVEMBER 6, 2023

In our prior highlights and perceptions of September and Q3-2023 published indices , we observed that the numbers once again signaled added contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. down from the 49.2

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Supply Chain Matters

MARCH 25, 2024

Existing CEO Dave Calhoun will reportedly be leaving the company at the end of 2024. Deal will be replaced by Stephanie Pope, a 30-year Boeing employee, was appointed to be the commercial aircraft producer’s first appointed Chief Operations Officer as of the start of 2024. They are far reaching in their implication and resolve.

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QAD

FEBRUARY 15, 2024

Updated: February 15, 2024 Published: March 25, 2021 If I think back to my childhood days and recall the shopping experience for food & beverage products, my first thoughts are about local grocery stores and smaller neighborhood specialty shops. Manufacturers have had to adjust product offerings to match that mentality.

Beverage 96

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QAD

APRIL 4, 2024

Updated: April 4, 2024 Published: July 17, 2021 In today’s competitive food and beverage marketplace, events occur and challenges arise that impact the normal course of business. In essence, today, these are for the most part just part of the normal day to day business of food manufacturing. Why keep a secret?

Beverage 82

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SCMDOJO

JULY 7, 2023

is an American electric vehicle manufacturer and automotive technology company which has emerged as a prominent player in the highly competitive automotive industry. With its manufacturing operations situated in Normal, Illinois, Rivian’s presence has had a profound impact on the local economy. billion in financing.

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The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 trillion industry by 2024 , consisting of not only food, but also cosmetics, pharmaceuticals, modest fashion, media & creation, and Muslim friendly travel. I would certainly recommend before the year 2024. Developments.

Pharmaceutical 237

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Enterra Insights

AUGUST 18, 2021

He observes, “The good news is that, given our research suggests a lack of understanding rather than a complete lack of interest, the industry redoubling its efforts to educate and inform manufacturers should be able to turn this situation around. It’s now up to IoT providers to ensure that manufacturers don’t get left behind.”[1]

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Supply Chain Matters

DECEMBER 29, 2023

In 2021, Tesla acquitted a former JC Penny distribution center located in Lathrop, California for the initial production of megapacks. Aggressive Timeline According to Tesla , plans reportedly call for breaking ground for this facility in the first quarter of 2024 with production anticipated to commence in the fourth quarter.

China 52

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Supply Chain Matters

JANUARY 18, 2023

This development effort reportedly began in earnest in 2018, with the first application being the display for the highest-end models of the Apple Watch by the end of 2024. Reportedly, plans further call for supplying electronic displays to other Apple hardware including the iPhone line-up after 2024. million in 2021. billion.

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Logistics Viewpoints

JUNE 2, 2023

manufacturers re-evaluating their reliance on China. manufacturers re-evaluating their reliance on China. The company went public in 2021 but failed to develop and commercialize its autonomous vehicle technology. Help us deliver your mail safely by keeping your dog secure and out of the way before your carrier arrives.”

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QAD

JULY 7, 2022

Supply chain due diligence is a critical topic for manufacturers and enterprises in all industries, especially given three major impacts of recent high-profile abuse cases, new due diligence laws and consumer buying trends. . as a tornado struck a town in Kentucky in December 2021, workers at. Let’s break it down. In the U.S.,

Purchasing Skills 98

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Resilinc

MARCH 5, 2024

Navigate the top climate change issues set to impact the supply chain in 2024. Now, it is predicted that 2024 has a 99% chance of ranking in the top five warmest years. In fact, Resilinc’s CEO, Bindiya Vakil, named Climate Change as one of the top five supply chain megatrends for 2024. 2023 was the warmest year on record.

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Enterra Insights

FEBRUARY 7, 2022

These networks draw on tools with seamless, real-time communication between manufacturing, logistics providers, suppliers and applications for enterprise resource planning (ERP), warehouse management (WMS), transportation management (TMS) and order management (OMS). . Footnotes. [1] 3] Lora Cecere, “ Sage advice? Only for turkeys. ”

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Enterra Insights

APRIL 7, 2022

The first quarter of 2021 saw a 42% increase in these kinds of attacks and it’s showing no signs of slowing.” He explains, “It’s difficult to be competitive in manufacturing without advanced levels of connectivity, but that connectivity is driving an increase in attack surface. 3] They include: Malware. ” Footnotes.

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Supply Chain Matters

APRIL 12, 2022

In 2021, Tive reportedly grew its revenue over 300 percent, acquired more than 200 new customers and expanded its global footprint. Bollore , a French family business founded by billionaire Vincent Ballore placed its African business unit up for sale in 2021, with MSC having exclusivity to make a firm offer since December 2021.

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SCMDOJO

APRIL 15, 2024

Access all the courses related to logistics on our website SCMDOJO Amazon Figures Here’s a breakdown of the latest Amazon figures you requested (as of April 2, 2024):* Turnover in 2023: $574 billion Profit in 2023: $30.4 2021: 1,608,000 Amazon Employees New hires: However, in 2022, they employed over 1.5

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Supply Chain Matters

NOVEMBER 14, 2023

production worker hourly wages starting in January 2024. The report observes that in 2021-2022, the largest carriers amassed net income levels totaling $364 billion. Transiting the Suez Canal from Asian ports is estimated to be 15 percent costlier in 2024. based Alabama and Georgia production facilities.

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ToolsGroup

OCTOBER 3, 2022

In October 2021, Brian Olsavky, CFO of Amazon, claimed that the company would require 150,000 extra workers to cater to the heightened customer demands during the holiday season. Looking back to November of 2021, the US Bureau of Labor Statistics stated that 686,000 people resigned from employment in the retail industry.

Optimal Sourcing 156

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Resilinc

JULY 26, 2022

more units than it did in Q2 2021, according to Gartner’s estimates. Not coincidentally, the company opened its first in-house European manufacturing facility in Budapest in June. In guidance released ahead of its quarterly report, Samsung estimated a 21% bump in revenues and 11% increase in profits over Q2 2021.

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Logistics Viewpoints

APRIL 30, 2021

Applications are due by July 2021, with the program looking to reduce deforestation between 2022 and 2026. Part of this plan is to speed up its supply chain, primarily with a $100 million distribution center in Hendricks County, creating up to 500 jobs by the end of 2024. And these retailers could certainly use some help.

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The Logistics & Supply Chain Management Society

JANUARY 3, 2024

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor.” in 2020 to 25.6 % in 2021, reaching a market size of $553 billion. Does this solve the problem?

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Supply Chain Game Changer

OCTOBER 8, 2020

Digital transformation is now the overriding priority for most manufacturers and retailers, with the adoption of digital technologies aimed at improving efficiency and effectiveness in the shorter term while providing the opportunity to grow a leaner operational protocol in the future. Digital Supply Chain Predictions.

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Supply Chain Matters

SEPTEMBER 6, 2023

The August numbers once again signal a continued downturn in global manufacturing conditions as output and new order rates continue to fall. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The three specific regions of concern are the Eurozone, United Kingdom along with Taiwan.

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QAD

MAY 23, 2023

The goal, from a manufacturing perspective, is clear: learn how to do more with less as efficiently as possible while maintaining profitability and complying with due diligence legislation. million people were in forced labor in 2021, with children accounting for more than 12% of that total.

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Resilinc

FEBRUARY 2, 2021

Humankind’s quest to visit Mars will—if all goes well—get a major boost in 2021 as three different spacecrafts are on schedule to arrive at the Red Planet: NASA’s Perseverance; China’s Tianwen-1; and the United Arab Emirates’ Hope. China intends to orbit Tianwen-1 for several months before identifying a landing site, according to Space.com.

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Supply Chain Matters

APRIL 4, 2024

The software and managed services of this provider were augmented with the acquisition of New South Wales based Pegasus in 2021. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Founded in 2003, Utah based Avetta has reportedly deployed by 500 clients located in more than 130 countries.

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Unleashed

JUNE 20, 2021

Like many food and beverage manufacturing industries, the alcohol industry worldwide has taken a hit from the pandemic – whether from restaurant and bar closures, or restrictions on valuable export and import markets – global sales volume dropped 6.2% Sales for the alcohol market overall are forecasted to grow 3% in 2021. until 2025.

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Operations and Supply Chain Management

FEBRUARY 17, 2022

The former wartime airbase handled a record 1,655 international cargo arrivals in 2021, a 73% jump from 2019, and overall tonnage rose 18%. He’s expecting this year will be “very similar to 2021,” and “we’re pretty confident that we’ll continue to grow.”. International freight being unloaded at Rickenbacker airport. from 2020 and a 5.4%

America 52

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ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Carriers Will Lower Rates But Keep Many Others.

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Supply Chain Game Changer

JANUARY 7, 2021

Starting from the manufacturer, supplier to the distributor, companies can streamline operations with a digital supply chain. With the advent of 2021, AI unveils new avenues for revolutionizing SCM across automation, planning, logistics, inventory, fleet & freight. Artificial Intelligence (AI). Immersive Technologies.

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CH Robinson Transportfolio

AUGUST 27, 2020

After an extremely volatile first half of the year, the challenges in the air freight market look set to continue into 2021, requiring both foresight and forward planning from businesses. We saw the greatest impact in Europe during the initial phase of lockdowns with the closing of some manufacturing.

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Proxima

OCTOBER 24, 2023

Fueled by Covid, war, and supply shortages, inflation rates across key global markets including the UK and US have remained over the 2% target rate since April 2021, peaking at 11% and 9% respectively, in 2022. But what goes up, must eventually come down.

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Intelligent Audit

DECEMBER 12, 2022

By the end of 2021, bottlenecks at ports stretched into the Pacific Ocean. for the 12 months ending December 2021, the largest calendar-year increase since data were first calculated in 2010. compared to September 2021. Over 100 ships waited to unload containers in December at Los Angeles and Long Beach, the U.S.

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Supply Chain Matters

FEBRUARY 14, 2024

The flexis capabilities are marketed to manufacturers seeking the ability to more flexibly schedule and sequence customer orders on production assembly lines, along with integrating with existing customer order systems for optimizing production dates based on inventory availability, production sequencing needs and transportation schedules.

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