Commentary

Solving the Talent Crisis

The greatest untapped talent pool in manufacturing, logistics, and the supply chain sector in the United States is women. Even though women make up almost half (47%) of the entire U.S. labor force, they make up only slightly more than one-quarter (27%) of the manufacturing workforce. This needs to change if the manufacturing industry is to have any hope of addressing the enormous talent chasm that has opened up in recent years.

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Is Your Business Ready for Intelligent Document Processing?

The world has seen the damage a slow supply chain can do—it stunts economic growth, negatively impacts revenue, and leads to customer frustration, or worse, customer loss. Technology has been touted as the end-all to supply chain woes, but it can be difficult to determine the most beneficial solutions. Yet, one AI solution can lay the foundational groundwork for implementing future technologies: Intelligent Document Processing (IDP).

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What’s the Word? The Language of Logistics

IL breaks down the logistics terms gaining traction in 2023 (from social commerce to footprinting) as well as defines the basic concepts that keep cargo moving.

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GOOD QUESTION: What’s one supply chain misnomer? What would be a better term?

“Driver shortage” could be missing the mark. “Supply chain” might be overly simplistic. “E-commerce” a bit dated. Industry insiders and readers point out one supply chain misnomer and come up with a more accurate term.

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2023 Inventory… Too Much? Too Little?

Inventory. That was the theme unifying both attendees and exhibitors at the 2023 National Retail Federation (NRF) convention in New York City. More precisely, everyone I spoke to was interested in load balancing inventory to serve new retail fulfillment approaches striving to catch up with the blindingly fast evolution in consumer buying habits. For retail […]

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3 Ways Digital Transformation Enhances Capacity

After consecutive pandemic years, supply chains are a mess. As a result, businesses are running out of stock just as surging consumer demand drives up prices for remaining goods, contributing to record inflation and further disrupting consumer markets.

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5 Ways to Strengthen and Future-Proof Your Supply Chain

In recent years, environmental, social, and corporate governance (ESG) practices have become a critical aspect of any company’s reputation and success. Consumers don’t care just about what they are purchasing; they also care about how the product or service gets to them. For instance, an Edelman study shows 64% of consumers worldwide will buy or boycott a brand solely because of its position on a social or political issue.

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Resolving the Driver Retention Crisis

While the trucking industry has been put under further pressure by current supply chain issues, the real problem started long before the pandemic. Driver shortages were being felt as far back as 2005, according to a 2019 American Trucking Associations report.

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Automation: From Benefit to Necessity

Even prior to the pandemic, consumers were demanding. Since the rise of e-commerce, end users expect the ability to order what they want, when they want it, via the channels they want. Brands are adapting to this demand by offering curbside pickup, third-party delivery services, direct-from-social media purchasing, and a variety of other channels to cater to different consumer preferences.

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How to Avoid Paying Ransom

It is no great secret that cyberattacks are on the rise, and recent data suggests supply chains are no exception. A 2022 NCCGROUP survey shows that supply chain organizations experienced a 51% increase in attacks within the six months preceding the survey. The first step in addressing this risk is acknowledging that it exists. The good news is this should be a relatively easy step, especially compared to what comes next.

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