Walmart, already struggling to woo shoppers constrained by higher taxes, is "getting worse" at keeping shelves stocked, the retailer's U.S. chief told executives, according to minutes of an officers' meeting obtained by Bloomberg News.
According to a new survey of 600 executives from Deloitte "” "The Ripple Effect: How Manufacturing and Retail Executives View the Growing Challenge of Supply Chain Risk" "” global executives are increasingly concerned about the growing risks to their supply chains and costly negative impacts such as margin erosion and inability to keep up with demand.
DHL Supply Chain will invest $52.5m over the next few years to further strengthen its position in Indonesia. By 2015, the company plans to increase its transportation fleet by over 100 percent up from its fleet of 370 vehicles at present and grow its staff strength by over 70 percent from its current base of some 2,250 employees.
Freightgate, a global provider of Logistics Cloud Solutions, announced enhanced predictive analytics capabilities in its logistics cloud platform, known as the Freightgate Universe.
In recent years, supply chains have become longer and more complex, while the severity and frequency of supply chain disruptions seems to be increasing. In close cooperation with Accenture, the World Economic Forum recently presented a report, "Building Resilience in Supply Chains," at the WEF Annual Meeting in Davos, Switzerland. It indicates that significant supply chain disruptions reduce the share price of affected companies by as much as seven percent on average.