Few businesses use new technologies to tackle supply chain issues caused by the pandemic due to tighter costs and dependence on legacy work processes, says a recent survey from intelligence platform Verusen. This results in lost revenue and increased inventory costs. Global supply chain executives responding to the survey cite poor data quality, siloed materials […]
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Home Depot, Costco and Walmart were among the businesses which leased ships to take control of their supply chains. Shippers looking to ensure goods arrived on time in 2021 faced an array of challenges this year. Ports were congested, ocean freight rates had skyrocketed, and shipping lines’ schedule reliability was near rock-bottom. As a result, […]