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This Week in Logistics News (January 7 – 13)

Logistics Viewpoints

He has lost approximately $182 billion since November 2021, as estimated by Forbes, although other sources suggest that it could actually be closer to $200 billion. And now on to this week’s logistics news. Frozen dairy manufacturers reduce packaging footprint. billion, set by Japanese tech investor Masayoshi Son in 2000.

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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. Material Handling & Logistics ). Material Handling & Logistics ). Source: Consultancy.UK. Image source: Fortune. Chain Store Age ). Chain Store Age ).

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Some suppliers of demand management software can also provide excellent forecast benchmarking for selected industries. forecasting product sales at 10,000 stores.

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Driver Shortage, Driverless Vehicles, and Other Supply Chain Curiosities

Logistics Viewpoints

There will still be a workforce needed to maintain those driverless vehicles or costs associated with maintenance done by the manufacturer or a 3rd party. For as curious as many are over the potential of driverless vehicles, logistics companies need to get even curiouser about what’s driving their bottom lines. Curiouser and Curiouser.

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Raise a Toast to Digital Business!

Supply Chain Shaman

Manufacturing is core to the middle class and a healthy economy. The word digital is everywhere in their presentations– digital path to purchase, digital agriculture, and digital manufacturing. Too few companies understand the differences between syndicated data sources and the use of channel data.

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Supply Chain Management in a VUCA World

Enterra Insights

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more.”[2] To make that point, Mortson lists ten different definitions for the term from various sources.

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3 Logistics Technology Trends in 2016: Automation Leads the Way

GlobalTranz

Innovations in technology are changing how the world does business, and technology is dramatically changing how entities in the logistics industry function in nearly every aspect. Now, it's easy to think of technology as being a manufacturer-only realm. For many smaller shippers, utilizing a TMS was simply out of the question.