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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

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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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Automating Procurement and Supplier Relations to Alleviate ESG Concerns

QAD

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. One strategy to consider is evaluation of the use of modern technologies like advanced analytics, machine learning, and artificial intelligence as tools to improve ESG monitoring.

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Revitalizing the Food Supply Chain

Enterra Insights

A recent article published by the World Economic Forum ran under a headline declaring the global food supply chain dead.[1] ” His arguments beg the question: Can the global food supply chain be fixed? ” Food Supply Chain Troubles. Packaging constraints. 2] They are: • Increase in demand.

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How to Navigate ESG Risk with Supplier Management Software

QAD

Companies that move fast and act smart now can stay ahead of due diligence legislation, mitigate supply chain risk and gain a competitive advantage in the process. As I explained in a recent article on Supply & Demand Chain Executive , organizations that leverage supply chain digitization will be the most likely to succeed.

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Warehouse Performance Objectives Continue to Evolve

Logistics Viewpoints

Instead, online shopping experience, product packaging, and delivery times were the primary determinants of the customer experience. Then the COVID-19 pandemic caused global supply chain disruptions and all bets were off. Second, additional requirements made warehouse operations more costly.