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The Dire Need for Data Automation in the Manufacturing Industry | AFFLINK

AFFLINK

Without the equipment and materials needed to ramp up production, consumer demand will continue to outpace delivery, leaving few distribution companies with the connections or sourcing capabilities to consistently meet customer fulfillment. Labor Shortages In warehouses, 73% of operators can’t find enough workers (Instawork).

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7 Top Supply Chain Trends to Know for 2023

ModusLink Corporation

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Cybersecurity Risk Management Will Grow More Important in Omnichannel E-Commerce.

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Seamless Catwalk – Managing Fashion Supply Chain

20Cube Logistics

Due to the institutional lockdown that was imposed all over the world, freight forwarding received its fair share of negative effects. While the downstream of the fashion supply chain got impacted badly, the upstream also got no better treatment.

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Supply Chain Crystal Ball Gazing: Let’s Look Ahead to 2028

Logistics Bureau

This, combined with efforts to move sources closer to domestic markets (driven by the overwhelming growth in omnichannel retail), will all but eradicate offshore production, at least for industries in which off-shoring benefits relate purely to labour. Automation Will Close the Talent Gap. In the Air.

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What is Supply Chain Management? How to Recognize and Approach SCM Risks

ShipBob

Moreover, there may be raw material shortages that will then result in supply chain bottlenecks as businesses are unable to procure inventory to keep up with demand. That means companies will need to appropriately adjust their production and procurement so as to avoid excess stock and piling up surplus inventory.

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Shippers of Consumer Products Impacted Most by Capacity Crunch

GlobalTranz

Today, with omnichannel pressures and a drastically different retail environment, stores are working hard to eliminate excess inventory and penalize vendors for early (and late) deliveries. As you can imagine, with a tight transportation market, it’s become even more difficult for vendors to source reliable trucks.

Capacity 120
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What is CPFR? Full Guide to Collaborative Planning, Forecasting, & Replenishment in The Supply Chain

ShipBob

As a result of this improved forecasting precision, you can plan your procurement more accurately. From a warehouse management system ( WMS ) that gives you better visibility and control to offering an end-to-end managed freight program – ShipBob’s solutions help you enhance communication and collaboration throughout the supply chain.