Building Continuity: How New Materials Stay Global
Global supply chains are the foundation of the world's economy because they allow resources to flow seamlessly, regardless of distance. However, these complex systems are highly susceptible to damage caused by natural or man-made disasters. From severe weather events to pandemics and geopolitical tensions, such disruptions can halt production, delay shipments, and create shortages—all of which threaten economic stability. Also read: Managing risk through trade compliance in global supply chains With so many disruptions, the need for resilient supply chains has never been greater. One of the key strategies for achieving this resilience is the adoption of innovative materials to strengthen supply chain infrastructure and increase flexibility and resilience. These new materials are designed to withstand extreme conditions while maintaining Global Trade Operations In times of crisis. The challenge of global supply chain disruptions Global supply chains operate in a delicate balance and are often susceptible to disruptions without warning. Natural disasters such as hurricanes can destroy supply chain infrastructure,…
Future-proofing supply chains: a global strategy
Global supply chains have changed dramatically in recent years. Major disruptions such as the COVID-19 pandemic, canal blockages and international conflicts have reshaped many of the world's most reliable supply lines and changed how suppliers deliver goods to consumers. Also read: Enhancing supply chain resiliency through proactive fleet safety management As a business leader, you can future-proof your supply chain by taking proactive steps to reduce risk and increase resilience. Even simple changes, such as choosing a more sustainable supplier, can insulate you from changes in oil prices and help you build relationships with other future-proof companies. You should also consider greater use of data analytics to predict delays, reduce disruptions, and improve business continuity. Doing so protects your brand reputation and ensures you're always one step ahead of the competition. risk management plan In today's age of unexpected disruption and global conflict, having an effective risk management policy is crucial. You can’t ignore unexpected delays caused by factors beyond…
Solve logistics and
Labor shortages in the supply chain industry have had a significant impact on logistics and transportation. Despite predictions of an improved economy after the pandemic, many organizations are still struggling to find and retain a workforce. Also read: Embracing inclusion and diversity to address the trucking industry’s labor shortage Descartes Supply Chain and Logistics Workforce It found that 37% of organizations face severe labor shortages, 61% have experienced shipping disruptions due to understaffing, and 58% said staff shortages have affected customer service. While the rest of the economy is recovering rapidly, the supply chain workforce remains in deficit, a trend that suggests things won’t return to normal without major changes. Logistics and transportation are challenging industries. Faced with pressures such as long working hours, low wages and labor-intensive work, organizations must begin to rethink their workforce strategies to attract and retain a workforce. A closer look at the impact of labor shortages on supply chains When there aren’t enough workers…
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