Is Your Supply Chain Doing the Right Thing to Prepare for the Future?

Source: 21st Century Supply Chain, Canada

  • The other day I turned on the news to the headline of Sears Canada closing 59 stores. My thoughts went immediately to images of my mother passing around the Sears catalog as she asked us to mark pages with gift suggestions. That tradition continued with my own children as she would sit down with them and shift through the toy section for ideas. What happened to those “good ole days?" ....

From Manual to Automation: How the Network Can Drive Productivity

Source: Supply Chain Digital, USA

  • “Productivity isn’t everything, but in the long run it is almost everything,” the famous quote of Paul Krugman, the Nobel prize-winning economist. Despite these words being over 20 years old, they are just as (if not even more) applicable today. For some productivity is a challenge, for others it is a golden opportunity ready to be unlocked. Regardless of your perspective, it is top of the agenda for businesses and countries ....

Eurozone Manufacturing Growth Climbs to Six-Year High

Source: Digital Look, UK

  • Euro area manufacturing activity is growing at its fastest rate in over six years, according to a survey published on Monday that showed activity improved slightly more than expected in June. Markit's manufacturing purchasing managers' index for June was confirmed at 57.4, up slightly from the 'flash' reading of 57.3 and from May's final reading of ....

Businesses Sit on their Hands as Brexit Deadline Approaches

Source: Financial Times, UK

  • Any company hoping for a swift resolution of the uncertainty surrounding Brexit after the UK’s general election will have been sorely disappointed. The surprise result — which left the UK with a weakened prime minister and a hung parliament — may make a soft Brexit more likely. But planning for this is still challenging. There are dual uncertainties facing business. “Uncertainty [around Brexit] is the first concern of British business, ....

Investors Cultivate More Sustainable Food Supply Chain

Source: GreenBiz, USA

  • Large food and beverage companies are operating in a time when consumer expectations, the economic landscape and the planet itself are all experiencing rapid and significant changes. The business models of these companies are profoundly entwined with some of the most pressing global challenges we face today — poverty, food insecurity, water scarcity and resource ....

Commerzbank Pairs Up for “Supply Chains of the Future”

Source: Global Trade Review, UK

  • Supply chain risks can be very disruptive for a company, but technologies like IoT, big data analytics, machine learning and AI can help uncover and mitigate them. The supply chain is almost like the circulatory system of a company; if all is working well, products are sourced, then produced and shipped in a continuous ....

The Supply Chain Workforce of the Future

Source: Supply Chain Management Review, USA

  • The supply chain is in the midst of an evolution. Digital technologies hold the potential for increasing competitive agility by dramatically changing how businesses design, source, make, move and service products. Most executives understand how essential these changes are to the business and 85% of supply chain executives are already working to introduce new digital capabilities into ....

Is Your Supply Chain Ready for a NAFTA Overhaul?

Source: Harvard Business Review, UK

  • NAFTA is headed for a renegotiation. Changes could range from adjustments to the rules of origin for product content, and more-stringent labor standards, to the extreme of withdrawal and a return to World Trade Organization most-favored-nation tariffs. These shifts will have important implications for the supply chain and profitability of U.S.-based companies. However, there is a high level of uncertainty ....

Japanese Lines Celebrate After EU Approves Joint Venture

Source: Supply Chain Dive, USA

  • The joint press release is a boast of confidence by the Japanese lines after suffering various setbacks, which includes missing an earlier, self-established target to begin joint operations by July 1. The joint venture, ONE, seeks to create the sixth largest global shipping company by combining the shipping capacity and foreign terminal operations of Japan's three largest container ....

Walmart Denies Telling Carriers It doesn't Want Them Hauling Freight for Amazon

Source: Supply Chain Digest, USA

  • Satish Jindel, president of SJ Consulting Group and ShipMatrix, caused quite a stir in late June when h told attendees at the SMC3 conference in Palm Beach that Walmart is sending veiled messages to trucking companies that carry its freight that if they do business Amazon too, it may not want to work with them anymore ....

This New Monster Can Slow Down India's Growth Rate, despite GST

Source: ET Markets, India

  • India’s economy is struggling to recover its strong growth record, beset by record low inflation, a widening output gap, and short term uncertainty from the introduction of a uniform sales tax. That will build pressure on the Reserve Bank of India to jettison its neutral monetary policy bias adopted just five months ago, setting the scene for lowering interest rates perhaps as early as next month, besides reminding yield-chasing investors that ....

4 Annoying Things Supply Chain Execs Should Stop Saying

Source: EBN, USA

  • I’ve been to a couple of industry events lately. It’s a fascinating world, populated with many interesting, genuine professionals, innovating companies, captivating keynotes, and free cocktails--but these are the good points. The bad point is: I’ve also been stuck in many sessions where I couldn’t escape the flow of outdated mantras and contemporary platitudes. And that’s what we’re talking about ....

UPS unveils plan to "Aggressively Pursue New Sustainability Goals"

Source: Supply Chain Digital, USA

  • UPS has said it is to aggressively pursue new sustainability goals by adding more alternative fuel and advanced technology vehicles to its fleet, while increasing its reliance on renewable energy sources. UPS has a goal that 25 percent of the electricity it consumes will come from renewable energy sources by 2025, a dramatic increase from the 0.2 percent in ....

EFA Group Gives Details of New Supply Chain Fund

Source: Global Trade Review, UK

  • EFA Group, an Asian fund primarily involved in commodity trade finance, has opened a new fund for receivables and supply chain finance. The fund will focus on new SMEs in Asia, making loans with 30 to 180-day tenors, in sectors including IT, media, pharmaceuticals and electronics. The company expects the fund to deploy a financing turnover of US$300mn next year. ....

Why Online Retailers Benefit from a Bricks-and-Mortar Presence

Source: TechTarget, USA

  • As customer needs change, so must manufacturers, retailers, and their supply chains. Demand for swift delivery, thanks to standards set by the likes of Amazon, is at the highest level ever, and retailers are – perhaps surprisingly – turning to their stores to provide fulfilment ....

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