article thumbnail

Toyota’s CEO Leadership Change and An Accelerated EV Supply Network Strategy

Supply Chain Matters

He rather steered the company toward providing different power train options for consumers and for countries. His plan calls for Lexus brand to have a specialized EV platform by 2026, upon which other models can leverage.

article thumbnail

Trends That Will Transform Manufacturing in 2023 & Beyond

RFgen

billion by 2026. Forward-thinking manufacturers can harness that data to fuel strategic decision-making about production, sourcing, inventory, and more. READ MORE: Tips for Finding & Training Warehouse Workers » Not only will overall compensation and company culture be important, but so will technology.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Addressing Labor Shortages in Warehouse and DC Operations

NC State SCRC

The shortage of workers is causing companies to look at non-traditional sources, including individual with a criminal record. When Mr. Wilson, 59, was released in 2013 he sought out training at Goodwill, where he learned to drive a forklift. The promise of “driverless vehicles” is unlikely to materialize during this period.

DC 40
article thumbnail

Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

Billion by 2026, growing at a CAGR of 9.28% from 2019 to 2026. The majority of shippers—83%—said they plan to adjust sources of supply as a direct result of efforts to rebalance towards regional and local/domestic sources. Global Last Mile Delivery Software Market was valued at USD 5.38 Localization of Supply chain .

article thumbnail

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. Image source: Financial Times. Over 90% of the United States’ semiconductor-grade neon is sourced from Ukraine. Image source: Bloomberg.

article thumbnail

Changing the Laws of Logistics

GTG Technology Group

As of now, drivers as young as 18 can operate commercial tractor-trailers in most states as long as they complete the required training and receive commercial driver’s licenses. This restriction has severely limited the availability of interstate truck drivers and inhibited trucking companies from hiring and training new, younger drivers.

article thumbnail

How Does ERP Help Small Manufacturing Businesses Grow?

OptiProERP

billion by 2026, growing at a CAGR of 10.2% from 2019 to 2026. Source: [link]. Even a non-technical person with minimal training can produce reports (forecast data, sales, demand tracking, item demand and forecast, period summary, etc.) The global ERP software market is projected to reach $78.40 within seconds.