Remove 2026 Remove Procurement Analytics Remove Shipping Remove Transportation
article thumbnail

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

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. How Labor Shortages Have Hurt the Supply Chain. McKinsey ).

article thumbnail

Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

With last-mile delivery costs contributing to more than 50% of total shipping costs, the rising expectations in home delivery increases the risk of encountering inefficiencies. Billion by 2026, growing at a CAGR of 9.28% from 2019 to 2026. Global Last Mile Delivery Software Market was valued at USD 5.38

Insiders

Sign Up for our Newsletter

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

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

Last mile costs rising fast

Cathy Roberson

Last-mile costs are outpacing overall transportation and warehousing costs, a trend likely to continue through 2022. In comparison, transportation and warehousing PPI increased 17.844 points for the same period, index based on 2006=100 and not seasonally adjusted. Year-to-date through November, retail sales are up 18.3%

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. Bureau of Labor Statistics. Sorensen, D. Teichler, J.

article thumbnail

Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations. According to a recent survey, 91% of manufacturers plan to “spice up” AI technology with supply chain data analytics by the end of 2024. billion by 2026.

article thumbnail

This Week in Logistics News (May 28 – June 3)

Logistics Viewpoints

Shipping companies added capacity, but now containers are stuck in port. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. During the peak of port congestion in 2021, as many as 30 ships were waiting to enter an Oakland berth.