On June 20th, Kearney released its 2023 State of Logistics Report for the Council of Supply Chain Management Professionals (CSCMP). This annual snapshot of the American logistics sector details supply chain trends.
In July 2023, Governor Newsom announced that $1.5 billion in state funding will go toward upgrading California port infrastructure. These upgrades will come in a sweeping overhaul geared toward sustainability and increased efficiency. Of that funding, almost $600 million will go toward the Port of Long Beach and Port of Los Angeles.
For decades, China has been considered a key player in global manufacturing, with its inexpensive, skilled labor and its ability to support supply chain infrastructure. But now, many U.S. businesses are instead turning their sights toward Mexico and Canada, which have seen an increase in nearshoring over the past few years.
The order fulfillment process is a huge part of the ecommerce customer journey. Get everything right, and you will gain customer loyalty and new referrals in return. But when minor inefficiencies litter the process, they can quickly compound into major problems downstream.
Electronic data interchange (EDI) streamlines the transfer of business documents between companies by reconfiguring them into a standard electronic format. A bold step toward greater interoperability, this is done using specialized software that uses EDI mapping to standardize the documents, which allows them to be received and read using different software suites.
With more emphasis being placed on supply chain stability and resilience, companies are looking for ways to update their supply chain management methods to avoid disruption.
Artificial intelligence is an increasingly critical part of the global supply chain.
COVID-19 had major impacts on global supply chains and shipping management trends in recent years. Demand increased while simultaneously the ability to meet the demand decreased due to delays and supply chain issues.
Warehousing has been at the center of many conversations this year, from shortages in both space and staffing to structural aging and automation.
Experienced supply chain veterans will tell you that when it comes to global trade, uncertainty is nothing new. Still, almost two and a half years of pandemic, global conflict, and natural disasters have put many of the most experienced logistics pros on their back foot.