global Supply Chain disruption impact on business

The global Supply Chain disruption and its impact on your business

Retail and ecommerce businesses had been facing many hurdles for two years, especially in China, where the lockdown was very tight, and the pandemic was raging. This situation led to a huge consumption of goods by the locked population, which increased the scarcity of air, sea and trucking freight spaces. The rise in prices was therefore bound to happen.
How can your supply chain company face this sort of crisis? But let's put the question more like this, in a most optimistic way: how can you take advantage of this kind of situation to thrive your business and provide a good service to your customers?
We are going to provide you with some advice from our experts that can help you to deal with the negative effect of this situation on inventories, workers, and freight. But first, we are going to present to you the former situation in China, during the crisis that still has its effects today.

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2021 supply chain and logistics trends

4 Supply Chain and Logistics Technology Trends in 2021

supply chain trends2020 was probably the toughest year for every industry and individual. The global COVID-19 pandemic brought in an unprecedented wave of disruption. One of the worst affected was the supply chain and logistics sector. 

Despite the challenges, however, the industry managed to sustain growth. Data shows that the global supply chain management market is expected to grow from $23.2 billion in 2020 to $41.7 billion by 2026, at a CAGR of 10.3%.

Technology helped the global supply chain and logistic industry to keep up with the rapidly changing consumer behavior. The sudden surge in online shopping was a wake-up call for many, even for industrial hardware suppliers. It fueled the rapid adoption of technology in the first half of 2021, which is likely to endure in the coming months. 

Here are a few supply chain and logistics technology trends you can’t miss in 2021.

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