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Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging

Logistics Viewpoints

This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability. Beer and food industries are particularly affected by the shortages of aluminum cans as most customers prefer take-home packaging.

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Food Supply Chain Issues

Elementum

Recent shortages have highlighted the need for robust, future-proof supply chain management systems that far exceed the capabilities of conventional inventory control processes. Greater operating costs mean that some parts of the supply chain could either cut corners or cease trading altogether, affecting every other logistical partner.

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Businesses Responding to High Inflation and Supply Chain Inventory Concerns

Supply Chain Matters

Reportedly, since Russia’ s invasion of Ukraine , global CEO s are confronting a world of extraordinary volatility and uncertainty, forcing many to reassess their growth assumptions and put strategic plans on hold. Inventory Management Assessment- Samsung Electronics. cyberattacks. Inflation are top of mind concerns.

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Ease the Burden of Labor Shortages and Increase Supply Chain Resiliency 

Logility

The labor supply is shrinking in Germany, Poland, Russia, and Japan, and contraction is expected to quicken. Then, there’s the Infrastructure Investment and Jobs Act – the construction industry is expected to pull workers from the supply chain since both logistics and construction attract similar worker pools. It’s a global problem.

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What is Economic Order Quantity & its Advantages

SCMDOJO

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. S = Cost per order.

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This Week in Logistics News (August 12 – 18)

Logistics Viewpoints

And now on to this week’s logistics news. and European companies may last longer than expected as they try to sell off their bulging inventories in an economic climate where demand is stalling. They stocked up again after Russia’s invasion of Ukraine pushed up the price of raw materials such as energy and wheat.

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Supply Chain Market Report – July 2022

Elementum

Over the last 2 years, Supply Chain teams have been struggling to procure and manufacture enough inventory. Global supply constraints have come from (1) supply-side disruptions like China’s Zero-COVID policy and the Russia / Ukraine conflict and (2) from demand pressure as federal stimulus flooded the market with extra cash in 2020 and 2021.