3 Big Retailers Share Their Upcoming Priorities Executives from Kroger, Walmart and Shein shared their main upcoming priorities: Localization Automation Drone deliveries Read on for more about what these big retailers are prioritizing. Are Supply Chains Recovering? The last couple of years have been a lot of doom and gloom when talking about supply chains….
Can You Spare Some Storage? via GIPHY Warehouse space is at a premium now as larger retailers take up warehouse space for their excess inventory. Resulting in the squeezing out smaller retailers scrambling to find warehouse storage space. Driverless Delivery Tested in Canada Canadian grocery giant, Loblaws, has been working with Gatik, to test driverless…
Shipping Rates Decline There’s evidence of shipping rates declining and continuing this downward trend. While shipping rates are trending down, rates are still higher than pre-COVID rates. Shipping Containers Go From Not Enough to Too Many As global demand starts to wane, shippers are starting to cancel their container shipments in what is traditionally the…
New Balance Coming Back to America While shoe maker, New Balance, has mostly produced their shoes overseas, but they have recently opened a new facility in Massachusetts to move some production closer to home. Take a sneak peak at their new facilities. Europe’s Energy Crisis is America’s Gain With energy costs soaring in Europe (e.g….
Companies Shoring Up Supply Chains Through M&A 2020 to 2022 has been a roller-coaster ride for global supply chains (no matter how resilient you’ve built your supply chain). Building in flexibility, agility and diversification are now three key elements supply chain professionals are looking to strengthen. Some companies, are using M&A to help achieve those…
Now is the time to buy your Avocado toast Nothing has signified “luxury” in recent years more than buying avocado toast. But, as Australian farmers overestimated demand for avocados, they’re now sitting on a surplus of the green buttery fruit putting downward pressure on avocado prices. Go and stock up on the avocados while you…
Honda & LG Energy Partners Up to Build Li-ion Battery Plant We’re increasingly seeing manufacturers diversifying their supply-chain risks by moving some part of their supply chain away from the foreign bottlenecks, Honda’s joint venture with LG Energy, plan to build a Lithium Ion battery plant in the U.S. to supply batteries for the Honda…
How to use customer-centric supply chain management In a more data-driven world, savvy supply chain managers are using customer data to drive supply chain decision-making. Here’s how. How This Manufacturer Avoided Supply Chain Chaos Read how garment manufacturer, American Giant, avoided supply chain chaos by also avoiding over-reliance of overseas suppliers. Can AI Transform the…
Strike at UK’s Biggest Port Workers at UK’s biggest container port in Felixstowe went on strike this past week. The last time workers at this port went on strike was back in 1989. If global supply chains haven’t suffered enough these last two years, more delays are coming… Automakers Aren’t the Only Ones Dealing with…
Biden Wants CHIPS The global semiconductor chip shortage has been well-documented (is there a week we don’t write about here???). U.S. President Biden, recently signed the CHIPS and Science Act, hoping to boost US domestic semiconductor production and relying less on Asian semiconductor manufacturers. It makes sense as the world relies more and more on…