Remove 2030 Remove Government Remove Inventory Remove Transportation
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RS Group releases report on its activities and strategy for Environmental, Social and Governance

Synovos

In November 2021, RS launched its 2030 ESG action plan, entitled ‘For a Better World’, which has four global goals and 15 ambitious actions for 2030. It has also reduced its Scope 3 transportation emissions intensity by 28% since 2019/20, thereby achieving its 2029/30 goal seven years early.

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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Despite spending 1.1% Alignment Barriers.

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We Are In Trouble. Raise the Red Flag. Be Proactive.

Supply Chain Shaman

Very roughly, rich-country governments paid out 90 cents for every dollar of lost output. The realization of the cost to state and local governments is just beginning. 70% of global supply chain shipments are by sea, 18% move by road transport, 9% go by rail, 2% by inland waterways and less than 0.25% by air. Globally, 39.3%

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This Week in Logistics News (August 6 – 12)

Logistics Viewpoints

I read earlier this week that pressure on the supply of critical materials will continue to mount as road transport electrification expands to meet net-zero ambitions. 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.

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Adapting in the Face of Change

Supply Chain Shaman

Looming transportation shortages in the United States with the adoption of AB5 and the redefinition of the owner-operator are risks. Companies without clear governance on decision-making like J&J and Unilever struggle the most in the face of turbulent headwinds. The focus of the conference is on Supply Chain 2030.

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Trends Transforming Logistics and Supply Chains In the MENA Region in 2023

The Logistics & Supply Chain Management Society

Furthermore, using qualitative and quantitative forecasting to manage product inventory and distribution enables the wider operations of the business and results in improved customer experience. The dynamic logistics model must incorporate all areas of the business including warehouse management, inventory, storage and last-mile delivery.

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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. 4), convening suppliers, non-government organization partners and others to discuss successes and ongoing challenges with the retailer’s goal to become a fully regenerative company by 2040.