Remove 2026 Remove Industrial Remove Procurement Analytics Remove Shipping
article thumbnail

The Essential List of Logistics Acronyms and Abbreviations for Retailers

Locus

If there is one industry that continues to scale robustly, it is Retail. trillion by 2026, surpassing the current GDP of all European Union member states combined. In a way, this model is a win-win as it saves return logistics costs for retail businesses. A recent survey forecasts that retail sales will soar to $32.76

article thumbnail

Power Your Business Sustainably Through Solar Energy

The Logistics & Supply Chain Management Society

Feature Article by Sembcorp Industries (Sembcorp). A report also found that a fifth of the 2,000 largest publicly-listed companies in the world have pledged to pursue a net-zero strategy. To ensure that these commitments are met, companies from different industries around the world are pursuing strategies that promote sustainability.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

2021 may not be a year for the logistics industry to cherish, but it was a year filled with a lot of takeaways. Logistics industry was experiencing capacity constraints, driver shortages, sudden upticks in e-commerce demand, new technologies, different fulfillment models , delays, port congestions, canal blockage etc.

article thumbnail

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. Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Will the supply chain ever catch a break? How Labor Shortages Have Hurt the Supply Chain. Chain Store Age ).

article thumbnail

3 ways retail warehousing impacts profitability

6 River Systems

With online retail penetration projected to reach 25% by 2026, that means 75,000 stores could be forced out of business by that same year. Companies strive to balance transportation costs with the costs of real estate and labor. of all warehouse space available in the first quarter of 2020, according to Statista.

article thumbnail

Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

Third wave supply-chain planning software will play the machine role in the human-machine collaboration, enabling the knowledge worker to manage large amounts of data, use advanced analytics, and automate processes and decisions across the enterprise and the wider value chain. Deloitte Review, Issue 21 [link]. Hippold, Sarah, (2019).

article thumbnail

The 19 Biggest Spirits Industry Trends in 2022

Unleashed

The spirits industry is evolving at speed as consumer tastes, habits – and demands – change. So how are these trends changing the industry, and what can we expect in 2022 and beyond? We take a look at 19 key trends, and what to expect in the future from this industry. How is the alcohol industry changing in 2022?

Trends 97