Supply Chain – How important it is in 2022?

According to recent research, more than 65% of chief executives plan to increase investments in disruption detection and innovation processes. But, as COVID-19 and unpredictable demand continue to impact supply chains, how can businesses improve performance?

Creating a harmonious balance between robustness and efficiency will largely depend on staying on top of logistics and supply chain trends.

To keep supply chains running in 2022, companies need to tackle the shortage and invest in driver retention by offering more attractive incentives such as better pay and safety measures.

One business model that’s being widely adopted is a pay-per-drop or pay-per-delivery model, which helps unlock the supply chain bottleneck by incentivising drivers to increase the number of deliveries they make each day.

We expect autonomous vehicles to become a key trend in the logistics and supply chain industry this year and have already seen a rise in automated equipment

While production delays are expected to remain a key trend in 2022, supply chain constraints have encouraged many companies to revisit their long-term supply chain strategies and find new opportunities for growth and innovation.

To save costs on cross-border shipping, meet customer demand and maintain supply chain efficiency, we expect to see a rise in the number of companies partnering with multiple logistics providers and using alternative delivery methods.

If the past two years have taught us anything, it’s that supply chains need to be flexible and responsive to deal with unforeseen challenges and potential disruption.

Logistics companies could overcome growing volatility by utilising “elastic” strategies, providing firms with the flexibility to meet fluctuating demand.

Elastic logistics is a term to describe a supply chain model that can be easily scaled in either direction and often leads to excellence in supply chain performance. Companies that embrace elasticity to guide their operations can provide the capabilities needed to become agile, adaptive and resilient during the most random demand patterns.

Elastic logistics can also help reduce costs, minimise risk and boost a company’s competitive edge by increasing efficiency and boosting overall customer satisfaction.

It’s now more important to ensure that operations are flexible and resilient so that management can enforce scalable measures to alleviate a crisis while ensuring corporate goals stay aligned with connected supply chains.

Tell us your needs/requirements here...

1 + 3 = ?

Tag Archive for: Supply Chain

what is ecommerce shipping

Key Logistics and Supply Chain Trends to Expect in 2023

, , , ,
Read our Guide to Key Logistics and Supply Chain Trends to Expect in 2023. For help with e-commerce fulfilment, warehousing, storage, pick and packing, call Pointbid Logistics 0121 326 7368
what is ecommerce shipping

Impact of Supply Chain Inflation on Consumer Prices

, , , ,
Supply chains have struggled to meet pent-up demand arising from COVID-19, and as a result, the shortages of goods and services has caused upward pressure on prices. Until kinks in the supply chain are ironed out, consumers will continue to experience elevated pricing...
Electric vehicles

New Car Market Impacted by Supply Chain Squeeze

Freight prices are forecast to increase by two to seven times high in 2023, despite prices already being at record highs. According to Freightos, the average cost of shipping a 40-ft container from Asia to Europe is...

Russia’s Invasion of Ukraine Impacting Supply Chains

, , , ,
Transport Tightens as Russia-Ukraine War Escalates - Military conflict between Ukraine and Russia will deliver yet another blow to global supply chains, particularly those heavily reliant on energy resources. Ukraine is the second-largest country in Europe, and the clash with Russia has already...
warehouse fulfiment

Retail Logistics – Trends, Challenges and Tips to Improve

, , , ,
A retailer's success largely depends on the relationship between brand and consumer, with the ability to meet their expectations around fast, affordable delivery likely to enhance customer loyalty and boost conversion.