This is your weekly supply chain bulletin from B2BE for the week starting 8 May 2023.
Each week, we bring you a round-up of the latest trends in the news from across the supply chain industry. We cover the issues most important to you, bringing you useful links to the full articles. This ranges from news on various supply chain disruptions to strategies to lessen the damage. We also include other relevant supply chain related updates. If you missed it, you can read our last supply chain bulletin here.
Here are the top stories making the news this week:
IoT Boom in Australia Enhances Asset Management and Supply Chain Performance
The use of Massive IoT (M-IoT) is increasing resilience of the poultry supply chain of Australian supermarket Coles. According to an article in the Australian Financial Review, IoT asset management is playing a vital role in managing supply chains as demand surges post-COVID-19. Coles has been investing heavily in IoT to help them track and manage inventory in real-time. As a result, this has enabled the supermarket to respond quickly to changes in demand, and keep their supply chain moving smoothly.
One Year After Ukraine War: Effects on UK Food and Drink Industry
The ongoing conflict in Ukraine is having a significant impact on the UK food and drink industry, one year on from the start of the war. According to a recent article in The Manufacturer, the UK relies heavily on Ukraine for supplies of corn, wheat, and barley, which are used in a range of products, from bread to beer. The article highlights that ongoing disruption to supply chains has led to price increases and shortages of certain products, such as wheat flour and malt.
The Emerging Importance of the Supply Chain in Customer Experience
An article in Supply Chain Brain highlights the importance of the supply chain as part of the customer experience. The article argues that supply chains are no longer just about delivering products efficiently; they are also an important part of the customer experience. The article emphasizes that supply chain visibility and data are essential for creating a resilient supply chain, which can deliver products quickly and reliably, and in a way that meets customer expectations.
The Significance of Automation in the Future of Supply Chain Management
An article in Supply & Demand Chain Executive argues that automation is the future of supply chain management. The article notes that automation can help reduce supply chain costs, improve efficiency, and increase accuracy. The article emphasizes that automation technologies such as robotics and artificial intelligence can help companies manage their supply chains more effectively, enabling them to respond more quickly to changes in demand and supply.
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