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This Week in Logistics News (August 5 – 11)

Logistics Viewpoints

At the beginning of this week, I took a “boy’s trip” with my son and my dad to Ohio to check out the Football Hall of Fame and the Rock n’ Roll Hall of Fame. trade deficit narrowed sharply in June as businesses cut back on purchases of foreign-made capital goods, resulting in imports falling to the lowest level in more than 1-1/2 years.

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

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Intel is investing over $20 billion to build two new chip factories in Ohio. Prior to Covid-19, 45% of consumers never considered the supply chain when making purchases.

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50 expert tips on logistics planning and strategy

6 River Systems

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. At the very least, they should see a message indicating that the products are out of stock before they make the purchase. This is just good customer service.