CEOs upbeat but agree supply chain issues major threat to recovery
CEOs of the world’s largest businesses are increasingly optimistic about the outlook for their own business and despite the Delta variant slowing down the ‘return to normal’ – but remain concerned over problem with supply chains slowing recovery. The KPMG 2021 CEO Outlook, which asked more than 1,300 global CEOs about their strategies and outlook […]
Half of UK firms decrease R&D as a result of Covid-19
45% of UK firms have decreased their research and development initiatives during the covid-19 pandemic, with even 18% of firms halting theirs altogether, according to new research from Durham University Business School. However, 40% of firms have invested in their ICT, likely to be the result of firms having to facilitate working from home and […]
Reusing 10% will stop 50% of plastic waste from entering the ocean
It is possible to prevent almost half of annual plastic ocean waste by reusing just 10% of our plastics products – just one of the key findings of The Future of Reusable Consumption Models Report. The report is a collaboration between the World Economic Forum and Kearney and suggests that shifting from single use towards […]
71% of supply chain IoT projects only ‘somewhat successful’
UK organisations are being challenged with connectivity, device deployment and rollout to a greater extent than their US counterparts, according to a new State of IoT Adoption Study published by global IoT connectivity specialist Eseye. 41% of UK respondents said connectivity was a top challenge compared to 29% in the US. Likewise, 36% of UK respondents […]
Early preparation ‘remains key’ to avoid Brexit & COVID supply chain disruption
43% of businesses have been impacted negatively by Brexit in 2021 – but 19% of businesses are thriving in a post-Brexit world. That’s one of the conclusions of Descartes Systems Group’s latest Brexit research report: Beyond Brexit: The Realities of Brexit for UK-EU Cross Border Trade. Following its 2020 research on Brexit preparedness of UK companies, this […]
Consumer brands and retail preparing to overhaul supply chains to counter future disruption
66% of organizations say their supply chain strategy will change significantly in the next three years, as they adapt to the pandemic and embed resiliency into their operations. According to a report from the Capgemini Research Institute examining the impact of the past year’s disruption on consumer products and retail (CP&R) supply chains, just 23% […]
Petrostates ‘need to bridge $9 trillion gap’ in energy transition
Oil and gas producing countries face a multi-trillion dollar hole in government revenues over the next 20 years as the world decarbonises, with some needing strong international support to diversify their economies and avoid social and political instability. That’s according to a report from Carbon Tracker, which calculates that 40 petrostates could face an average 46% drop in […]
Environmental supply chain risks to cost companies $120 billion by 2026
Companies face up to $120 billion in costs from environmental risks in their supply chains by 2026, according to new research released today by CDP. The report, Transparency to Transformation: A Chain Reaction, analyses data from 8,000+ supplier companies disclosing to their corporate customers via CDP in 2020 and finds a combined $120 billion of increased costs among those companies […]
Big changes ahead as supermarkets embrace smart tech
A study has found that nine in ten Brits now believe the average supermarket will be significantly different in just nine years’ time, with many of the changes that people predict being once the stuff of sci-fi films. The ThoughtWorks research showed that just over a quarter of adults (26%) believed the supermarket checkout will […]
Yodel posts record parcel volumes over Christmas peak as overall market balloons
Yodel says it delivered a record number of parcels over the peak Christmas period, up 37.4% year-on-year between November 15th and January 2nd. The company says it experienced a surge in everyday premium items passing through its network as families settled in for a Christmas at home due to lockdown. Increased demand for alcohol and fresh food in particular […]
