The report is produced annually for the Council of Supply Chain Management Professionals (CSCMP) by global consulting firm Kearney.

The company said inflation is pushing supplier costs $1 billion higher than expected in the current quarter, joining the chorus of major corporations warning about challenges rippling through the economy.

The 2023 Annual Third-Party Logistics Study, released Sept. 19, examines back-to-basics principles for supply chain professionals, the ongoing talent crisis and the rise of reverse logistics.

Inditex SA is increasing prices by more than surging inflation rates, making the owner of the Zara fashion chain a standout among retailers getting hit by higher costs and shaky consumer demand.

Whatever the business — from fast-moving consumer goods to pharmaceuticals or automotive — the success of any enterprise is the result of its vertical market expertise.

Some visionaries are predicting a Fifth Industrial Revolution: a reconciliation between humans and machines. This is what Supply Chain 5.0 speculates.

Swedish home-appliance manufacturer Electrolux is undertaking steep cost cuts that will target its supply chain and production following a warning of a sharp drop in demand.

For all the talk of the need for collaboration between manufacturers and their suppliers, there are situations when their best interests come into direct conflict. 

A survey from the Food Industry Association found that 70% of retailers said supply chain disruptions are negatively impacting their business, up from 42% the year before.

The European Union’s ban on Russian fuel imports is likely to actually increase the world’s need for oil tankers, according to vessel owner Torm A/S.