As August slips into September, we will examine a few top supply chain news tidbits that everyone in the industry is monitoring:
China Droughts and Hydropower
At this time period, the UN has reported that nationwide droughts in China are becoming prolonged ad far more frequent which is causing China to start rationing its hydropower. Many firms are rethinking the supply chain due to such a hardship.
Ukraine War
The ongoing Ukraine war is causing many to scramble to mitigate to forestall disruptions to logistics, commodities, and energy which could prove devastating after so much has already occurred in the last two years.
Google Invests in Logistics
Google has decided to invest in the African e-logistics outfit Lori Systems. In addition, Qantas Freight is set to update its entire domestic fleet with Airbuses.
Lean Management
Many are focusing on lean management to procurement. It is believed that there are many benefits.
Long-Term Planning Needed in the Food Chain
Reports are stating that the global food supply chain requires agility and that there needs to be a focus on short-term food shortage management versus long-term.
Importance of STEM Education and Workforce Training
As more jobs are lost due to automation, Stem education and workforce training is going to become mandatory, even in the supply chain and logistics realm, especially to ensure growing competency.
Customer-Centric Supply Chains
An Amazon program that has been launched focuses on achieving customer-centric supply chains.
To learn more about logistics solutions, contact Sobel Network Shipping Co, Inc.
