In the past two decades, the cost of oil exceeded $100 per barrel in six different years, and there’s no reason to think that 2024 is safe from such a recurrence.

Organizations are struggling to secure the labor, knowledge workers and leaders they need to thrive — and logistics and supply chain-focused businesses have been hit particularly hard.

How can supply chain leaders implement a sense of predictability in an unpredictable market? By investing in talent and technology, such as artificial intelligence, that can support modern-day challenges.

Drug shortages in the U.S. have reached an all-time high. A total of 323 shortages were reported during the first quarter of 2024, suggesting that previous strategies had failed to reverse the trend.

AI promises to save effort and time on a scale never before witnessed in human history. But to quote Serena Williams: “Everything comes at a cost. Just what are you willing to pay for it?”

Growing environmental concerns, rising consumer expectations for ethical production, and increasing regulatory pressures are pushing businesses toward sustainable operations.

The rate of expansion in warehouse automation technology presents ample opportunities as well as new challenges. For stakeholders, that translates into a massive landscape of choice.

As retail operations become increasingly complex, the need arises for serialized data capture. That’s where tools like the 2D barcode and radio frequency identification come into play.

The supply chain discipline has become a C-suite concern that drives competitive advantage and customer excellence — one that requires expansive leadership skills and technical prowess.

According to the Bureau of Labor Statistics, the overall annual turnover rate for warehousing, transportation and utilities is a massive 53%.