article thumbnail

2023 Mid-Year Check-In: Current Status of Supply Chains and What’s Next?

Logistics Viewpoints

I believe our findings capture the pulse of North America logistics operations and the executives’ perceptions and priorities going into the second half of 2023. In fact, pressures are very similar with warehouse labor cost inflation, labor shortages, and inventory shortages at the top of the “concerns” list.

article thumbnail

Editor’s Choice: Fortifying Warehouse and Distribution Centers Against Cyberattacks

Logistics Viewpoints

In today’s interconnected world, the distribution industry has become increasingly complex and reliant on technology to manage inventory, track shipments, and communicate with suppliers and customers. Why are warehouses and DCs so vulnerable to cyberattacks? It ended up costing TFI about $6 million in quarterly operating revenue.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2023 Supply Chain Priorities, Perceptions, and Initiatives – Preliminary Results

Logistics Viewpoints

Inventory shortages/stock-outs was the factor with the second highest negative impact potential for 2023 in our preliminary survey results. I suspect that inventory shortages would have been the highest ranked factor if we conducted our survey a year ago. More to come!

article thumbnail

Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. The US GDP in 2021 grew at an unexpected rate of 5.7%

article thumbnail

Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. The US GDP in 2021 grew at an unexpected rate of 5.7%

article thumbnail

A Tipping Point?

Supply Chain Shaman

The merged company will be the third largest food and beverage company in North America and the fifth in the world. The goal is to drive organic growth in North American and global expansion by combining Kraft’s brands with Heinz’s international platform. This, I believe, is a sign of a new wave of merger mania.

article thumbnail

Two-Thirds of Organizations Say Reducing Supply Chain Disruption Has Increased in Priority in Response to Recurring Black-Swan Events

ivalua

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. Ivalua is a leading provider of cloud-based Spend Management solutions. About Ivalua.