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Food Supply Chain Issues

Elementum

The global food supply chain has grown exponentially over the last few decades, creating complexity and challenges that translate into empty store shelves and a lack of basic provisions. Today, we will look at the importance of supply chain management in food production and some solutions to prevent further crises.

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Digital Megatrends – Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Digital megatrends – Shaping Supply Chain Innovation. Confronted by supply chain disruptions, companies were mired in deep uncertainty in 2021. According to a McKinsey report, supply chain disruptions cost the average organisation 45 per cent of a year’s profit over a decade.

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Modern Ways Technology Provides Transportation Management & Freight Spend Visibility

Intelligent Audit

It has always been essential to have visibility into freight spending. Freight audit & payment (FAP) providers have long paved the way to gaining this visibility by looking at shipping invoices and breaking down freight spend. What Is Freight or Transportation Spend Management?

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Supply Chain Market Report – July 2022

Elementum

Welcome to Elementum’s Supply Chain Market Report. This monthly newsletter observes one or two important macro trends through the lens of Supply Chain Management. We review how those trends are likely to impact Supply Chain and what leaders can do to adjust. How could Stagflation impact Supply Chain?

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Will the Inflation Reduction Act Reduce Supply Chain Costs?

Intelligent Audit

Since its passage, inflation in trucking has continued to creep upward, pressuring supply chain costs and consumer prices. This, along with container shortages, drove up ocean freight spot rates and caused sporadic export delays. So How Did We End Up With Such High Inflation? PPI’s finished goods index increased 6.9%

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Challenges Abound as Peak Season Approaches

Intelligent Audit

From supply chain snafus to the growing threat of history-making strikes, it’s been another week of exciting changes within the global logistics industry. The slowdown in Q1 only partly reflected the impact of the conflict in Ukraine, which broke out in late February. Recurrent Food Safety Failures Threaten Supply Chains.

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The Proactive Revolution: How Real-Time Visibility is Transforming Parcel Shipping

Intelligent Audit

Faced with ongoing supply chain crises, shippers are desperate to get a leg up on their logistics. We see more and more how global conflicts like the war in Ukraine, labor issues like the potential of a strike during negotiations on the West Coast, and other socioeconomic factors impact supply chains around the world.