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This Week in Logistics News (July 15 – 21)

Logistics Viewpoints

Nearly two thirds of the company’s carbon emissions come from ingredient sourcing, which is largely based in agricultural practices, according to the company. The investment will impact over 100,000 acres of wheat-producing farmland, which is nearly double the amount of acreage used to grow the wheat sourced for DiGiorno products.

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This Week in Logistics News (June 11 – 17)

Logistics Viewpoints

According to the annual consumer survey released today by the National Retail Federation and Prosper Insights & Analytics, approximately 76 percent of US adults are expected to celebrate Father’s Day. One-quarter of consumers plan to give “gifts of experience” such as tickets to a concert or sporting event.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

While the industry continues to be rocked by world events, uncertainty has become the new normal. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Source: Consultancy.UK. Image source: Fortune. Chain Store Age ).

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Climate Change: Companies Must Step-up as Governments Fail to Act

Enterra Insights

From wildfires in Greece and Hawaii to the tropical storm that dumped a record amount of rainfall on Los Angeles, extreme climate-related events have filled the headlines. Corporations need to understand climate conditions in locations where their raw resources are sourced. degrees Celsius (2.7 degrees Fahrenheit).

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How Suppliers Demonstrate Best Practices to Buyers

SupplyShift

According to Gartner’s Future of Supply Chain: Crisis Shapes the Profession report, 77% of companies say that they’re investing in deeper and more collaborative supplier relationships to build resilience. For example, procurement, quality, and sustainability divisions at larger companies often sort suppliers into segments.

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Leveraging Software Solutions for Enhanced ERP and Inventory Performance

RFgen

Yet the reality is, 74% of respondents to the Digital Inventory Report reported that are not yet leveraging sufficient software means to streamline inventory management. Essentially, an ERP helps organizations run their business by acting as a single source of truth. Cost overruns and work stoppages affect the bottom line.

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What is Multi-Tier and Why to Do It

SupplyShift

Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. This will allow you to track certification status, trace products back to their origin, and ensure that materials are legally sourced and ESG-compliant.