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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. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

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Risk Management in Halal Supply Chains

The Logistics & Supply Chain Management Society

Marco Tieman , Chief Executive Officer at LBB International Background According to the 2022 State of The Global Islamic Economy Report, the global Islamic economy is an estimated USD 2 trillion industry consisting of the following key industries: halal food, modest fashion, media & recreation, travel, pharma, and cosmetics.

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Looking Beyond Blockchain/Supply Chain Hype

Enterra Insights

The blockchain has the potential to transform the supply chain and disrupt the way we produce, market, purchase and consume our goods. Cheng-Shorland explains, “Supply chain is driven in large part by the procurement process. Everything moves through the process based on the procurement contract.”

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Decoding Supply Chain Sustainability: From Jargon to Action

Global Trade Management

And how do we know if the food is healthy? Sustainable supply chains emerged as a response to consumer demand for better information about the environmental impact of products, such as food and clothing, that they purchase. Or are inspectors available and reliably integrated to guarantee social sourcing commitments?

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This Week in Logistics News (April 1 – 7)

Logistics Viewpoints

According to the annual survey released by the National Retail Federation’s (NRF) and Prosper Insights & Analytics, consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 Spending is growing across several categories, and the top Easter items consumers say they are planning to purchase include candy ($3.3

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This Week in Logistics News (July 3 – 9)

Logistics Viewpoints

Prime Minister Yoshihide Suga said it was essential to prevent Tokyo, where the highly infectious Delta COVID-19 variant was spreading, from becoming the source of another wave of infections. New aircraft purchases are focused around twinjets such as the Boeing 767 and 777. As a result, the Olympics will take place without spectators.

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Modernizing the Retail Supply Chain

Enterra Insights

Manufacturers would supply retailers, who would then resell the goods to consumers — therefore dealing with complaints or queries from the end consumer. The editorial staff at Digital Information World , reports, “In retail, artificial intelligence is being adopted rapidly — between 2016 and 2018 there was a 600% increase in adoption.