article thumbnail

Economic Aspects of Supply Chains

American Global Logistics

However, there is a need for more precise and comprehensive metrics to understand the full economic impact of supply chains. Their analysis revealed that the supply chain employs over 479,800 people in the state — 12% of the workforce. Supply chains play a vital role in driving growth and prosperity.

article thumbnail

Top 10 Supply Chain Innovations of 2018

Material Handling & Logistics

We salute the year’s top advancements in supply chain technology and processes. The retail giant plans to take out 50 million metric tons (MMT) by 2030, which is equivalent to the emissions associated with the average annual electricity consumption of 40 million Chinese households.