Where are brands applying innovation to supply chain and logistics operations?
The turbulence of the past two years has shown senior management the importance of supply chains and logistics. Within this business landscape, the need for retailers to innovate to adapt their supply chain and logistics operations to meet the challenging market conditions has never been more important. While every company’s challenges and opportunities are unique, […]
82% of shoppers experience out-of-stocks as supply chain issues persist
With retailers facing continued supply chain disruption – from the long shadow of covid-19 to Russia’s war on Ukraine and climate change – shoppers are reporting increased levels of out-of-stock products. That’s according to the latest data from Retail Insight, which polled over 1,000 UK shoppers revealing that 82% have experienced out-of-stock products in-store in […]
Volatile transport costs impacting logistics throughout August
Data from the TEG Road Transport Price Index reveals that road transport prices fell 2.13% during July, with haulage prices dropping just under 4%. However, prices have been relatively stable so far this year, marching slowly upwards since February. The combined haulage and courier index had risen by less than 8 points up to July. […]
Road freight prices stable, despite inflationary pressures
The latest data from the TEG Road Transport Price Index shows that year-on-year haulage and courier prices remain stable, despite inflation pushing prices up elsewhere. However, the reintroduction of the HGV levy and staff shortages on the horizon means that stability might not last long. The overall price-per-mile in June 2022 was 121.9 and is […]
Could the market for automated warehouse storage & retrieval systems hit $15bn by 2030?
Investment in warehouse automation and management systems continues to rise as supply chains look to resolve exposed weaknesses and create greater resilience to macroeconomic headwinds. According to ABI Research, Automated Storage & Retrieval System (AS/RS) revenues are expected to surpass $15 billion globally by 2030, and Warehouse Management System (WMS) revenues are expected to exceed […]
Quarter of supply chain C-Suite roles filled by women
Women have made a strong comeback to the supply chain workforce in 2023, with gains at nearly every level of leadership, but particularly prominent at the C-Suite and executive level, where 26% of those roles (CSCO, SVP, EVP, CPO) are now filled by women, an all-time high and up from 19% in 2022. Gartner’s eighth […]
The transformative impact of AI on the logistics and supply chain sectors
Artificial Intelligence (AI) is revolutionising industries worldwide, and its impact on the logistics and supply chain sectors cannot be overstated. From streamlining operations to enhancing efficiency, AI-powered technologies are transforming how goods are transported, stored, and delivered. This article explores the ways in which AI is impacting the logistics and supply chain sectors, revolutionising the […]
Consumers want retailers to have sustainable home delivery services
43% of consumers feel retailers are doing a good job of using sustainable delivery practices, while more than 60% indicate they are quite/very interested in environmentally friendly delivery methods. That’s according to Descartes’ 2023 Home Delivery Sustainability Report: Consumers Expect More! survey, which examined consumer sentiment of retailers’ sustainability practices around their delivery operations. Additionally, […]
Supply chain productivity declines ‘cannot be solved by technology alone’
New technologies ranging from smart robotics to actionable AI have the potential to transform the supply chain function, but they will fail to lift historically low levels of labor productivity unless utilised as part of a broader strategy. Gartner experts shared those findings during the opening keynote presentation at the Gartner Supply Chain Symposium/Xpo EMEA, […]
Global enterprise ready to spend $70bn on smart energy solutions
Businesses are being compelled to reassess their energy purchase agreements with utilities, contemplate installing renewable microgrid systems, and prioritise energy efficiency, spending a stunning $70 billion on smart energy solutions by 2030. That’s according to ABI Research, which points to escalating energy prices posing a formidable obstacle to businesses and industries worldwide. It predicts that […]