East Coast Port Strike Threatens Supply Chains Retailers Seek White House Aid

East Coast Port Strike Threatens Supply Chains Retailers Seek White House Aid

The National Retail Federation (NRF), along with 177 industry associations, has sent a letter to the White House urging government intervention in the labor negotiations between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX). They are seeking to avert a potential port strike on October 1st, emphasizing the devastating economic impact it would have. The letter highlights the urgency of the situation and implores retailers to proactively address supply chain risks in anticipation of potential disruptions. The NRF underscores the need for a swift resolution to avoid further exacerbating existing supply chain vulnerabilities.

Supply Chains Prioritize Digital Tools Amid Talent Challenges

Supply Chains Prioritize Digital Tools Amid Talent Challenges

The latest MHI and Deloitte report reveals that supply chain leaders are increasing technology investments to build collaborative, human-centric, and technology-driven supply chains. The report emphasizes the importance of both technology enablement and talent development. Technologies like AI, blockchain, and IoT are being leveraged to improve efficiency, while simultaneously focusing on employee skill enhancement and cultural change to address the challenges of digital transformation. This dual approach is crucial for navigating the evolving landscape of modern supply chains.