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Top 5 Logistics Challenges and Solutions for the Manufacturing Industry

GlobalTranz

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. 5 Challenges Facing Supply Chain Managers in Manufacturing.

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Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030.

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Manufacturing ERP Plays a Key Role for Sustainability

QAD

As an example, look no further than Microsoft’s announcement to be carbon negative by 2030 and their commitment of $1 billion towards a climate innovation fund. The Sustainability Movement in Business and Manufacturing. Whirlpool, Saint-Gobain, 3M, Comvita, Medtronic and others. Enhanced long-term business viability.

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The Dire Need for Data Automation in the Manufacturing Industry | AFFLINK

AFFLINK

Automation in manufacturing can help be the driving force to lift some of the burden felt by many distributors across the globe. Unpredictable Consumer Demand Trends Traditionally, organizations got away with loose forecasting and just-in-time (JIT) inventory management to match production to consumer demands.

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This Week in Logistics News (August 6 – 12)

Logistics Viewpoints

According to the International Energy Agency (IEA), demand for electric vehicle (EV) batteries will increase from around 340 GWh today to over 3500 GWh by 2030. In a recent report, IEA indicated that global battery and mineral supply chains need to expand ten-fold to meet projected critical minerals needs by 2030.

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Supply Chain Matters COVID-19 and Ukraine Conflict News Capsule Update- October 25 2022

Supply Chain Matters

Trillion by 2030. . Similarly, WSJ separately reported that trucking freight operators now indicate that the traditional peak shipping season is crumbling as overstocked retailers cancel any new inventory orders. Trillion by 2030. Report Indicates Apple iPhone14 Plus Production Has Been Cut.

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Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. And this was before the Russian invasion of Ukraine began.