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Building Resilient Supply Chains is Hard — but Essential

Enterra Insights

Companies can leverage social media to obtain consumer behavior analytics while also monitoring the industry, news and other sources that can indicate potential supply chain disruptions like the passing of a new regulation. 7] It should be clear that resiliency is built on a foundation of data. .”

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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. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Consultancy UK).

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Changing the Laws of Logistics

GTG Technology Group

Trucking industry experts predict that by 2026, the current shortage of about 60,000 drivers will triple unless something changes. The training steps would involve driver training and performance benchmarks to make sure drivers were adequately prepared for longer hauls. Sources: [link].