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Stringent Reporting Regulations Require Data Integrity

Logistics Viewpoints

This added responsibility for companies will have lasting effects on business operations, corporate partnerships, supply chain logistics, compliance requirements, and data integrity. Regulations requiring Scope 3 emissions data from companies, create an end-to-end value chain reporting issue.

Report 251
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Forced Labor in the Automotive Supply Chain: What Car Companies Can Do

Resilinc

If you drive a car from Volkswagen-Audi, Honda, Ford, General Motors, Mercedes-Benz, Toyota, Tesla, Renault, NIO, or Stellantis—the parts in your car have a high risk of being sourced from companies linked to abuses in the Xinjiang Uygur Autonomous Region (XUAR) of China; the region targeted by the Uyghur Forced Labor Prevention Act, (UFLPA).

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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

Let’s take a look at the challenges associated with digital twins and how real-time data systems are changing the game for companies looking to leverage them. In fact, it’s expected that more than 90% of IoT platforms will utilize some aspect of digital twins by 2026. Big, clunky, siloed, and out-of-date data.

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The Quietly Growing Conundrum of Online Returns

Logistics Viewpoints

As online shopping continues to grow – retail e-commerce sales are expected to make up nearly a quarter of total retail sales worldwide by 2026 – returns will become more prevalent. In the U.S, 21% of online orders were returned in 2021, up from 9% in 2019. Compare this to the 9% returns rate of purchases made in-store.

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This Week in Logistics News (March 16 – 22)

Logistics Viewpoints

First, Chinese robotic company Unitree has built a humanoid robot (H1) that has managed to break the speed record held by its mechanical counterparts. In addition to supply chain efforts, its three-point plan also involves closing Macy’s stores and investing in the company’s luxury offerings. m/s, equivalent to about 7.4

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Your Demand Forecast Is Wrong. Here’s How to Fix It.

ToolsGroup

According to Gartner’s report, Maverick* Research: ‘Demand-Driven’ Is Deadly to Your Supply Chain , 90% of supply chains will still be demand-driven by 2026.

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Trucking Companies Are (Finally) Recruiting More Women

Elementum

The American Trucking Association estimates that trucking companies are short by as much as 45,000 drivers. If the trend continues, the ATA predicts the industry could fall short by 174,000 drivers by 2026. Now, trucking and logistics companies are trying to recruit more women to overcome growing driver shortages.

Company 100