In the past two decades, the cost of oil exceeded $100 per barrel in six different years, and there’s no reason to think that 2024 is safe from such a recurrence.
The U.K. has committed to a full transition to net zero emissions by 2050, a timeline the BPA says is threatened by a massive backlog of harbor orders.
Technological advancements like RFID and GPS have revolutionized supply chain management, providing visibility and rapid response capabilities, but also increasing risks such as cyber threats. A combination of physical barriers, technological solutions, and procedural controls creates redundancies that enhance resilience against threats like theft and tampering.
Ongoing disruption requires companies to make a fundamental shift in their supply chain strategy. What makes this transformation so difficult is that the scope of change required is extensive, involving many internal (and external) stakeholders, data and technology.
Managing a supply chain is a complex task which has only grown more intricate in recent years due to globalization, a volatile geo-political landscape, technological advancements, and the increasing demands of consumers.
In today's fast-paced logistics landscape, actionable data is critical to meet the demands of consumers' expectations. Navigating the complexities of data management amid labor shortages, volatility, and evolving consumer behavior poses significant challenges.
Safety-driven cultures protect drivers, employees, public motorists, and overall freight commodities. Using a safety focused transportation service grounded in well-being and risk management can deliver incentives and wide-ranging benefits.