This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
We recently surveyed CFOs and finance executives in the manufacturing and distribution sectors to study how the pandemic has impacted their businesses. Among key insights , we learned that finance leaders are realigning their 2022 priorities to meet changing business needs. At 40%, managing working capital (vs.
According to a survey by Gatepoint Research, 40% of retailers are focusing on this as one of their 2022 priorities. And according to the 2022 Bringg Barometer: State of Retail Delivery & Fulfillment, 99% of retailers are aiming to offer this service within three years. Step One: Right Inventory in the Right Location.
A recent survey of 200 supply chain management professionals across companies with 500+ employees, conducted by Edelman Intelligence, has found market insights, confidence levels and trends for this peak season and beyond. Even with that in mind, 85% of those surveyed have a positive view of how their revenue will look in the next year.
A 2023 survey by the International Trade Centre found that 73% of small and medium-sized enterprises identified regulatory compliance as a major barrier to international trade. “Sustainability is no longer optional; it’s a necessity,” noted a 2022 report by the World Economic Forum.
Yet, peak season does seem to be less stressful than last year, and a recent survey of 200 supply chain management professionals across companies with 500+ employees, conducted by Edelman Intelligence, has found some surprising facts about the coming peak season. Supply Chain Confidence Remains Strong Despite Slight Setbacks .
A recent ARC survey looked at reasons to address sustainability. This survey included over 400 respondents across a number of industries. There are three responses in this question that address supply chain sustainability: align with our goals, mission, and values; meet consumers expectations; and increase profitability.
I read earlier this week that pressure on the supply of critical materials will continue to mount as road transport electrification expands to meet net-zero ambitions. In a recent report, IEA indicated that global battery and mineral supply chains need to expand ten-fold to meet projected critical minerals needs by 2030.
Jun 13, 2022. Nearly two-thirds of businesses responding to the 2020 Gartner Sustainability Survey said they were pressured by customers to invest in sustainability initiatives while 48% said pressure was coming from investors and 48% cited regulators. Inbound Logistics. Sandra Beckwith. REDUCING EMISSIONS FROM TRANSPORATION.
When sales forecasts are accurate, companies know they’ll have enough product supply to meet customer demand for those goods. In surveying the global ocean market right now, Bennett says there’s not much additional tonnage available. Covering the Demand. Add this year’s estimated 8.0%
million shoppers hit the stores and the internet to capitalize on Black Friday and Cyber Monday deals, according to a survey by the National Retail Federation. million people in 2022 to 121.4 In fact, to kick off the holiday shopping season, a record 200.4 The turnout topped last year’s figure of 196.7 million this year, up from 130.2
Welcome to 2022: Top 10 Supply chain logistics trends to watch out for 2022. Jumping into the new year, it is crucial for businesses to understand the logistics trends that could impact their supply chains in 2022. Find out the most important logistics trends that could impact supply chains in 2022.
Last week, Clint Reiser published an article highlighting our 2022 supply chain predictions. Preliminary results from a Lucas-commissioned survey of 350 companies in the US and UK found that the majority of the companies are already employing AI in one way or another within their warehouses and distribution/fulfillment centers.
The bank said Friday that it is launching new “Supply Availability Indexes” via a blog posting on Monday that going forward will feature as part of its regular monthly surveys of regional business activity. The indexes will feature in future Empire State Manufacturing and Business Leaders surveys, the bank said. Import prices surged 0.9%
Now in its fifth year, the State of Sustainable Fleets 2024 Market Brief sheds light on an industry meeting the moment of an active transition. Renewable diesel (RD) consumption increased by 68% in 2023 compared to 2022, with most consumption occurring where favorable carbon credit markets ensured price parity with diesel.
As we turn the page on 2022 , I’d like to make five supply chain predictions about what to expect for 2023. 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.
According to McKinsey’s latest consumer pulse survey, Spending in March 2020 was down by 18% as compared to two years later. retail and food services sales for September 2022 stood at $684.0 year-on-year increase in June 2022. The pandemic had people locked up in their homes for a long time and spending had been frugal.
And while this definitely points to an industry making strides, a recent Procurious survey found that 75 percent of women in supply chain experience gender-based adversity. Trade between China and Canada hit record levels in 2022, with imports breaking the $100-billion mark for the first time, Statistics Canada data show.
Early 2022 was a time of incredibly high trucking demand and prices to match. Year over Year: Compared to February 2022, spot load posts were 73.8% From December 2022 to March 2023, flatbed rates have dropped each month, going from $2.77 That’s a large number, but it’s still not quite enough to meet demand.
In February 2022 I ordered a lovely midcentury modern table. As supply chains have grown in complexity and length, siloed thinking and processes are no longer able to meet this objective. The table needs to be able to be manufactured and delivered to meet demand on time in full (OTIF), to achieve customer satisfaction.
On Monday, Roku announced its 2022 fall product lineup: a revamped version of its entry-level streaming adapter, selling for just $30, and a new, smaller subwoofer priced $50 below its existing model. And it looks like consumers could benefit from inflationary devices this holiday season.
With eCommerce order volumes and consumer demands high and continuing to rise, shippers have turned to LTL in lieu of truckload freight to meet these needs. So, to learn more about these challenges and how companies are addressing rate increases, capacity restraints, and other issues, we sponsored a survey. Here’s what we learned.
network this year after its initial success at select facilities in 2022. The rate rose to $8,607 on April 1, 2022, from $3,174 a year earlier. We are taking aggressive steps to meet a new set of challenges for the new year,” said Mario Cordero, executive director of the Southern California port, in a news release. “I
The future of the UK’s fast expanding subscription box market (subcom) looks bright if trends in the US are anything to go by – according to a new State of Subscription Commerce survey. Despite plans to expand into other channels, some US-based subcom offerings aren’t sure how they’ll meet increased customer expectations.
trillion USD in 2022 , up 5.0% Carriers can not only achieve sustainability goals but also meet their OTIF targets. Consumption and Emissions – A Growth Story. Global retail sales are expected to grow to $27.3 from last year. With each new generation, however, a growing focus on corporate responsibility enters the conversation.
My colleague, Clint Reiser, wrote about Körber’s ongoing supply chain transformation, highlighting the company’s three main focus areas for 2022: 1) investments in assisting Körber customers’ journey to SaaS, 2) bringing a new product, named Universal Control System (UCS) to market, and 3) offering warehouse modeling for operations.
So, what does the 2022 Thanksgiving holiday look like? In a recent NielsenIQ survey, 91 percent of consumers indicated they are planning on celebrating US Thanksgiving this year with a majority (83 percent) either staying at home (59 percent) or local (24 percent) (within 50 miles of their home).
Manufacturing and reuse of wooden pallets increased significantly according to the most recent survey commissioned by the Timber Packaging & Pallet Confederation (TIMCON) and the research arm of the Forestry Commission, Forest Research. FEFPEB President Rob van Hoesel and General Secretary Fons Ceelaert attended the meeting.
According to a survey by McKinsey, 93% of supply chain executives plan to increase their investments in resilience, and 47% of them consider automation and digitization as the top priority. The Yara Birkeland is an electric autonomous 80 m 120 TEU Norwegian-flagged containership launched in Spring 2022.
Reflecting on these findings, Johannes Panzer, Head of Industry Solutions (pictured), Ecommerce at Descartes explains what retailers need to consider, so that they can meet the requirements and expectations of their different consumers’ delivery personas. They don’t have to go out of their way to pick up the items they need.
To provide a comprehensive overview, the author draws from various academic studies, reports, and surveys to shed light on the latest trends and best practices in supply chain management. A recent survey by Accenture (2021) revealed that 72% of SMEs and 78% of startups are actively investing in digital supply chain solutions.
Meanwhile, a recent survey conducted by the trade association, Logistics UK, noted 13% of respondents report severe warehouse staff shortages, with a substantial decline in the availability of forklift drivers cited as a major problem. IMHX 2022 takes place from 6th-8th September at the NEC, Birmingham. This represents some 12.5%
A study by PwC found that 66% of surveyed executives anticipate higher supply chain costs as a result of diversifying away from China. Another disadvantage is to be able to maintain enough inventory levels in multiple locations to meet ever-changing demand. Country of Origin 2020 2021 2022 2023 (first 9 months) CHINA 9.80
This includes a new carbon calculator it has developed and from which it will share learnings as TIMCON embarks on a similar initiative to help its membership meet increasing sustainability obligations. Watt said surveys for the market report’s next edition would be issued to the membership much earlier, during February this year.
To meet its ambitious goals, the government will introduce several initiatives over the coming years, so organisations must prepare now – not just to support global warming reduction efforts, but also reduce their costs and reap the resulting productivity benefits. Reducing red diesel.
Following the Covid-19 pandemic, 91% of consumers reported to taking the supply chain into consideration when making a purchase, an increase from just 45% before 2020, according to an Oracle survey. Instawork’s 2022survey, found that 73% of warehouse operators couldn’t find enough labour.
To help level out this instability, 41 percent of executives plan to add or diversify suppliers in existing markets, according to Deloitte’s 2022 Manufacturing Industry Outlook. This is putting pressure on manufacturers to overproduce to meet the new demand. Inventory management software is an important solution. According to U.S.
This article provides an overview, based on a survey of over 1,200 small businesses, of how small and midsize businesses have weathered the storm, and how a changing – and potentially recessionary – market is impacting their outlook. By the time they peaked in June 2022, they were over 30% higher than pre-COVID.
Available North Carolina warehouse space The current state of warehouse vacancy in the burgeoning eastern North Carolina region – where Kanban Logistics is located – remains low, though not at the historic lows seen in 2022. The survey also found that the warehouse and logistics industry is one of the hardest hit sectors.
Imagine having the technology that gives you the ability to meet Christmas peaks successfully. Research by McKinsey found that US consumers’ holiday shopping is starting earlier and lasting longer this year, with most starting in October or earlier and 40% intending to start in November, compared with 35 percent in 2022.
As part of the From Clicks to Ships: Navigating the Global Supply Chain Crisis 2022 Report , SOTI surveyed 10,000 consumers across the UK, US, Canada, Mexico, Germany, Sweden, France and Australia to understand how consumers are responding to the supply chain crisis, as well as their expectations of brands and retailers to cope with it.
– Organizations perceiving CX as a competitive differentiator worldwide 2021, Jan 2022. In a survey on customer experience (CX) among businesses conducted in the United States in 2021, participants were asked what are the main challenges to optimize customer journeys. In 2021, 44.5 Makes communication efficient. Conclusion.
Elsewhere, the Bank of Canada business survey for the 4th quarter of 2022 indicated that there were still price adjustments pending and that many of these relate to previous supply disruptions. When the New York Fed launched its index, it was at the beginning of 2022, around peak time for the economic strains.
billion in 2022. For example, a recent study showed categories such as meat, poultry, eggs, and dairy with significant spending declines in 2022 as consumers sought more shelf-stable and affordable items. Recently, a Grand View Research study shows that the cold chain market was estimated at USD 233.2 percent from 2023 to 2030.
Short-term planning is much easier: Internal sales numbers and weekly survey or scan data tell us what immediate demand is doing, and it can be a relatively simple task to adjust freight flows up or down in response to those demand signals. But look at the first quarter of 2022, particularly the month of March.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content