This is your weekly supply chain bulletin from B2BE for the week starting 10th October 2022.
Each week, we bring you a rundown 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 last week’s edition here. Read on to see what’s making the news this week.
Is 2023 the year the supply chain backlog will return to ‘normal’?
Two years ago, the supply chain crisis begun. Caused by the backlog from the COVID-19 pandemic there were record highs of container ship backups in January 2022. As organisations have struggled to receive shipments or have visibility over supply change delivery needs for the last two years, recent estimates predict March 2023 as the period the backup will return to pre-pandemic levels. This should help organisations begin to get back on track themselves with product and delivery estimates.
UK facing growth challenges with the food and drink supply chain dip
The UK has a weak national productivity growth in the food and drinks market supply chain. Caused by low labour productivity and low growth productivity in food retail, could boosting the food and drink supply chain help economic growth? Currently the UK is reliant on imports however there could be lower costs if these business costs were removed.
Can Apple move away from a predominantly Chinese supply chain?
American businesses are looking to downsize their ties with China in recent years, with strict tariffs being in place since former US president Donald Trump. With the current ‘friend-shore’ mindset in place, production is often being moved closer to home. However, it’s reported while Apple is trying to reduce its dependence on China it will still take around 8-years to move just 10% of production capacity out of China, where currently 98% of iPhones are made today.
Will supply chain issues stop the growth of e-commerce?
E-commerce sales grew 50% during the pandemic as a result of changing habits and consumers having more expenditure. However, the extra demand placed on the supply chain during peak seasons caused a backlog in shipping which isn’t expected to clear for some time. Will this limit the potential growth for e-commerce going forward into the holiday season?
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Thank you for reading our weekly supply chain bulletin where we summarise the latest news! Is your organisation facing disruptions to your supply chain? If so, what strategies are you currently using to protect your transactions?
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