Supply chain challenges have grocers of all sizes reevaluating forecasting with the twin imperatives of slashing out-of-stocks and reducing food waste. Being out of stock costs chains billions in lost revenue and negatively impacts customer experience and loyalty. Meanwhile, perishables account for 32.6% of the 10.5 million “surplus” tons grocers generate each year. What can …
In the era of simultaneous digital transformation and pervasive disruptions, embracing agility in the supply chain is vital for manufacturers. Learn how you can pinpoint opportunities for lucrative innovation in the supply chain and discover 5 actionable steps to help manufacturing teams get started, in this article.
Modern supply chains have so many moving parts that it’s almost impossible for a shipper to gain a direct view of every touchpoint. That’s why it’s time to stop thinking of your supply chain as a linear chain that runs in a straight line and start thinking of it as a digital nervous system that …
Disruptions in the food distribution industry that started before the pandemic only intensified during the crisis—and they’re not going away. That’s because more shippers are testing direct-to-consumer delivery, and retailers are adding distribution hubs closer to consumers. And, with the rise of those regional hubs, demand for short-haul drivers has grown, worsening what is already …
Ever since the novel coronavirus (COVID-19) pandemic hit, the supply chain has been a top concern for integration companies. Integrators are battling to make the most of their projects, but product-availability challenges can jeopardize profitability.
COVID-19’s full effects will be studied in business-school curricula for years to come. The immediate impacts on food industry trade dynamics — from farmer to processor to consumer — have ranged widely. While the pandemic’s direct impact has been detrimental to the food industry, the companies that survive may find their travails a sort of …
