“Commentary: Caution—Bullwhip Effect Ahead”
Even as the Covid-19 pandemic eases in most of the developed world, current evidence reveals that many firms are about to be knocked off their feet once more. As the pandemic’s rippling effects disturbed established supply-and-demand patterns around the world, uncertainty about demand estimates needed to drive supply-chain choices grew significantly during the last 15 months.
“North America supply chain reshoring will not happen, report says”
Between now and 2025, companies are unlikely to reshore their supply chains from Asia to North and Central America due to high production costs, concerns about the business climate in Mexico, and fears of losing access to billions of consumers in nearby countries. The findings contradict popular perception that enterprises selling to North American markets would transfer their supply chains from Asia to avoid the large and ongoing supply chain disruptions caused by the COVID-19 outbreak.
WHAT CAN WE CONCLUDE?
The world’s largest online retailer, Amazon, has a high rate of worker injury. The corporation has stated it intends to lower the rate by half by 2025 and will invest $300 million in safety programs to achieve this goal.
MVP Logistics is here to answer all your questions about your supply chain and what steps to take to plan for and address the expected challenges. For an analysis of your supply chain, contact us virtually or give us a call at 1-888-390-5320.
MVP Logistics is your 3PL logistics partner for supply chain project management, logistics, warehousing and fulfillment, LTL, and other supply chain needs. Our Minneapolis, Houston, and Los Angeles area warehouses provides local, national, and international shipping services. Find your solution today.
