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Vertical Focus: Personal Care Products & Cosmetics
What’s In Store? In-store shopping accounted for up to 85% of beauty product sales in most major markets before the pandemic, finds a McKinsey report—even millennials and Gen Zers made almost 60% of their cosmetics purchases in stores (see chart). What will happen to physical beauty product stores in the future? About 30% of premium […]
Read MoreNOTED: The Supply Chain in Brief-2021
Sealed Deals Third-party logistics provider FM Logistic was awarded a contract from Pepperfry, a furniture and home products marketplace in India, to provide omnichannel logistics services in the country’s western region. FM Logistic will handle warehousing operations at Pepperfry’s Bhiwandi warehouse. To help The Ocean Cleanup map harmful plastic, Maersk will deploy scientific sensor technology […]
Read MoreNew Google Maps Feature Gets a Green Light
Google Maps can not only help truckers and passenger vehicles find the quickest route from point A to point B, but now it also gets them there greener. Google has introduced a series of new features including eco-friendly routes that provide Google Maps users with more fuel-efficient navigation. The app determines fuel consumption for every […]
Read MoreSupply Chain Recovery Starts with Hygiene Compliance
Since the onset of the pandemic in 2020, supply chain leaders have been challenged with ever-evolving conditions and circumstances, especially for manufacturers responsible for producing and delivering essential goods during a time of crisis. In addition to supply shocks that have the industry rethinking supply chain models, hygiene has also moved to the forefront in […]
Read More4 Ways to Include Deskless Logistics Workers in Your Digital Strategy
Supply chains are undergoing unprecedented restructuring driven by competition, demand shifts, and trade wars—circumstances further accelerated by COVID-19. The resulting pressure on profits forces logistic functions and companies to evaluate ways to innovate, lower costs, and increase long-term resiliency. Logistics industry leaders are meeting this challenge by embracing digital transformation through innovative digitalization plans. But […]
Read MoreHow to Identify the Blind Spots in Your Supply Chain
As the global economy has become more interconnected, supply chains are increasingly complex and distributed. This allows companies to work with a broader range of suppliers and source materials on demand, which has made supply chains more efficient and reduced costs. However, modern supply chains also pose more daunting logistical challenges than they used to—with […]
Read MoreTechnology Adoption Is a Must for the Trucking Industry in 2021
As all industries experienced the onslaught of the COVID-19 pandemic, those involved in freight and supply chain management realized digitalization transformation efforts had to come first in order to mitigate disruption and better prepare for the near term. Here are three areas where I foresee major changes in the coming months. Route Optimization and AI/ML […]
Read MoreNOTED: The Supply Chain in Brief-January 2021
Sealed Deals CEVA Logistics and Italian publishing company Mondadori Group signed a contract to extend their partnership for another five years. The CEVA Logistics Italia team will continue to manage consumer orders, concentrating operations in a dedicated warehouse in La Città del Libro (City of Books), where it will handle 30 million book copies and 65,000 titles each […]
Read MoreSurging Optimism Buoys SMBs
Despite the upheaval businesses experienced in 2020, optimism has now surged past pre-pandemic levels, and many leaders from small to mid-size businesses (SMBs) report being well-positioned for growth in the year ahead, says Umpqua Bank’s annual report. Key findings from the survey include: Positive Outlook Positivity has roughly doubled since 2020, with expectations for economic […]
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