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2021 Supply Chain Challenges: The Top 5 Lessons Learned + Tips from 11 Industry Experts

ToolsGroup

Amongst the issues faced by both businesses and consumers in 2021, supply chain shortages – and the resulting challenges – held strong in the headlines throughout the year. Five Lessons Learned Overcoming 2021’s Supply Chain Challenges. Just how bad were supply chain challenges in 2021? Bad enough to become the subject of memes.

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Supply Chain Market Report – August 2022

Elementum

Since June 2021, the strength of the US dollar has increased by almost 19% — and in July the dollar hit 108 on the DXY. The direct impact of this phenomenon is weakened purchasing power of other currencies relative to the Dollar. Global debt as of 2021 was $303T, up a whopping 34% from the previous year. (In How did we get here?

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Supply Chain Woes with Inflation Rising … What’s Next?

Supply Chain Game Changer

Driverless forklifts, robots in warehouses, and automated planning will be the rule by the year 2025. Paul Jacobson, CFO of General Motors, expects that the rise in inflation due to the shortage of semiconductors could increase its expenses by as much as $3 billion in the second half of 2021. percentage points through the rest of 2021.

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Evans Distribution Systems Launches New Business Intelligence Tool: evans365

3PL Insights

May 03, 2021— Evans Distribution Systems, a leading provider of third-party logistics and supply chain solutions, launched a new business intelligence tool: evans365. The tool provides warehouse customers a holistic view of their account activity based on real-time data. “As Data is the new business currency. MELVINDALE, Mich.,

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The Age of Agility: Building Resilience in the Supply Chain

The Logistics & Supply Chain Management Society

It’s not just the pandemic that has led to large-scale disruption in supply chain – natural disasters, accidents, international disruptions, geo-political tensions, and currency fluctuations continue to cause major disruption in supply chain operations worldwide. About the Author.

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Comparing traditional and e-business

ModusLink Corporation

According to Kaur (2021), E-business practices relate to businesses that include activities through the Internet. E-Commerce provides greater benefits in buying goods and services easily (Thakur, 2021). shops/stores) that provide a certain good/service to its local customers in exchange for the corresponding currency.

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Freeports: The 2022 Guide

Unleashed

In April 2021 the UK’s Chancellor of the Exchequer Rishi Sunak announced the country will be establishing eight new freeports – and there are high expectations for the positive impact these will have on areas where they are located. Read more: What is a Bonded Warehouse? Freeports are big news right now.