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Category: Retaining Talent

20% of Global Supply Chain oil flows through Iran – Disruptions to come?

There’s reason to be concerned about your supply chain gas prices with another global conflict. The attack on Iran by the United States and Israel has closed the Strait of Hormuz where 20% of the world’s oil flows. Crude oil will increase first with refined petroleum (gasoline) following soon thereafter. Experts estimate that gas prices will top $3/gallon in the near future while supplies are disrupted. What does this mean for your supply chain, you might ask? Well, it means that your overland freight could be impacted. Depending on where you’re sourcing your product, manufacturing costs could also rise [...]

Reasons for the Supply Chain Talent Shortage & How are Companies Adapting

Money doesn't grow on trees, normally. However, if you have desirable skills and supply chain experience, you can almost write your own ticket to lucrative job opportunities. The supply chain talent shortage is helping to propel a lot of young folks into lucrative career paths. For at least the last decade, as supply chain management has changed, there has been a shortage of talent, and it continues to get more severe. This is true across all industries and across the globe. Demand for supply chain talent is at an all-time high as companies have recognized the importance of global [...]

By |December 2, 2024|Tags: , , |
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