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Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging

Logistics Viewpoints

Beer and food industries are particularly affected by the shortages of aluminum cans as most customers prefer take-home packaging. The deepening power crisis has already taken 900,000 tons of smelting capacity offline in North America and Europe. Continued scarcity and overbuying have led to a perennial shortage.

Packaging 226
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Consumer Credit, Generation Z, and the Consumer Packaged Goods Sector

Enterra Insights

Nothing is more central to the consumer packaged goods (CPG) sector than supply and demand — and few things affect supply and demand like economic trends. During this period of changing consumer behavior, retailers experienced an inventory mismatch and inflation reared its ugly head. The good news is this looks to still be the case.

Packaging 246
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Inventory Control in Manufacturing: 7 Strategies to Maximize Service Levels and Profit Amid Disruption

ToolsGroup

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

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An Intelligent Alternative to WMS: Gaining Real-Time Inventory Visibility Without the Complexity

RFgen

Inventory management is no exception. Today’s digital supply chain makes manual inventory control obsolete. When first implementing digital inventory technology, many organizations consider a warehouse management system (WMS). Ensure proper ordering, inventory planning, and process scalability.

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Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. An average margin of 21% with inventory turns of 1.58

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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. Multiple members of the Intermodal Association of North America (IANA) were the recipients of the funds. After registering a 9.3 percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1

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Inventory Distortion Will Cost Retailers $1.77 Trillion in 2023. Here’s How Blue Yonder Can Help.

BlueYonder

What’s the real cost of inaccurate inventory management? IHL Services, a global research and advisory firm, estimates that inventory distortion — the combined cost of lost sales from out-of-stocks, along with the deep discounts required to sell overstocks — will drive a $1.77 trillion problem of inventory distortion.