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

ToolsGroup

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Prices Resulting from Shortages and Supply Chain Issues. Increased Shipping Costs, Delays, and Transportation Issues. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020).

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Driver Shortage, Driverless Vehicles, and Other Supply Chain Curiosities

Logistics Viewpoints

What’s more, bots don’t require paychecks, benefits, vacations, training or other workforce overhead. 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. Curiouser and Curiouser. In a word, it’s data. Perhaps you’re overpaying.

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How to Manage Supply Chains as a Manufacturer with Automation and AI

Locus Robotics

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. AI and ML can be applied to inventory management, demand forecasting, freight route planning, and much more.

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Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

GlobalTranz

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. Transportation takes time. Right Service.

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This Week in Logistics News (December 10 – 16)

Logistics Viewpoints

Forecasts call for freight rate slumps in 2023. The legislation, which is entitled the National Development Strategy and Coordination Act of 2022, would require Cabinet-level agencies to identify weaknesses in supply chains that could impact national security and domestic manufacturing. Amazon’s plan to kill the barcode.

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Guest Commentary: P.O. Management Programs – Know Pain, Know Gain!

Talking Logistics

You could answer them with a purchase order (P.O.) You write an RFQ, screen candidates, create a short list, select the provider, and negotiate service requirements and a cost structure. Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. Commit to systems and process training. Sourcing uses P.O.

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This Week in Logistics News (January 15 – 21)

Logistics Viewpoints

Five major UK supermarkets are set to trial age estimation technology to accurately guess customers’ ages when purchasing alcohol. Shippers struggle as ocean freight rates soar. China is home to nearly one-third of all global manufacturing, so a prolonged shutdown could certainly have major ramifications on global supply chains.