Supply Chain Disruptions, Trade Costs, and Labor Markets
Global supply chain disruptions due to the COVID-19 pandemic have increased the costs of trade between countries. Given the interconnectedness of the U.S. economy with the rest of the world, higher trade costs can have important impacts on U.S. labor markets. A model of the U.S. economy that incorporates variation in industry concentrations across regions…
Six Supply Chain and Logistics Trends for 2023
The last several years have made a mockery of many predictions. The economy didn’t tank. The mid-term election wasn’t a wipeout. There wasn’t a carrier “Armageddon.” Those years have also made a mockery of many supply chain and logistics strategies and services. A number of macroeconomic and geopolitical challenges, as well as significant learnings about…
Logistics Trends 2023: Securing the Resilience of Supply Chains Digitally and Sustainably
The political events of 2022 have once again demonstrated how important intact logistical supply chains are for the global economy and the population. This is also reflected in the future trends and challenges in logistics. Here, the focus remains primarily on aspects of digitization, but with an increased attention to making supply chains more resilient…
The supply chain trends shaking up 2023
When disruption is constant, an organization’s preparation for key supply chain trends can be a significant competitive advantage. Disruptions to supply chain operations are set to stay in 2023, whether they be existing or new geopolitical conflicts, inflationary pressures and the recessionary environment, climate change weather events, or other issues yet to emerge. They can…
Global Supply Chains Face ‘Hangover’ as Excess Demand Softens
It’s not even the morning of New Year’s Day and already there’s talk in supply-chain circles of the 2023 hangover. “There’s a reliability hangover,” Bill Seward, the new president of supply-chain solutions at United Parcel Service, said in an interview. He was referring to lingering headaches from more than two years of shipping congestion, delivery disruptions and…
14 Supply Chain Trends for 2023
Supply chains are the lifeblood of most, if not all, businesses today. Keeping all supply chain components running as smoothly as possible ensures that your business can provide on-time delivery of products and services, especially with changing consumer demands and supply chain disruptions brought about by the COVID-19 pandemic. Aside from reading up on the…