{"id":18263,"date":"2022-02-23T11:03:35","date_gmt":"2022-02-23T11:03:35","guid":{"rendered":"https:\/\/www.odysseylogistics.com\/?p=18263"},"modified":"2023-12-28T06:48:36","modified_gmt":"2023-12-28T06:48:36","slug":"technology-to-tackle-modern-supply-chain-challenges","status":"publish","type":"blog","link":"https:\/\/www.odysseylogistics.com\/blog\/technology-to-tackle-modern-supply-chain-challenges\/","title":{"rendered":"Using technology to tackle modern supply chain challenges"},"content":{"rendered":"\t\t
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Logistics and transportation networks continued to face a litany of challenges in 2022. Here\u2019s how technology can help shippers work through these issues and plan for future success. <\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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As logistical bottlenecks and related disruptions continue to impact supply chains worldwide, shippers have been facing a new lineup of challenges so far in 2022. Much of the volatility can be traced back to the global pandemic, with Chinese New Year, the trucking issues at the Canadian border, and numerous geopolitical issues also impacting the smooth flow of goods right now.\u00a0\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201cStemming from the COVID-19 pandemic,\u201d Transport Topics<\/i><\/a>\u00a0reports, \u201cthe logistical bottleneck continues to reverberate around the world as carriers, shippers and third-party logistics providers attempt to deal with the impact on their operations.\u201d\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Addressing Emerging Issues<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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One of the newer issues that emerged in early-2022 was the Canadian trucker protests, which have since ended. These protests lasted three weeks and obstructed travel and commerce between the US and Canada, with a cavalcade of big rigs rumbling into the Canadian capital<\/a>, blocking major streets and drawing thousands of supporters.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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While this specific issue may be behind us, similar activities could take hold in other countries\u2014or, repeat themselves in Canada\u2014at some point this year. Should that happen, both transportation and logistics could again be disrupted.\u00a0<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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The Challenges Ensue<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Logistics, transportation and supply chain organizations continue to grapple with the persistent labor shortage in 2022 and there\u2019s no immediate relief in sight. \u201cThe helter-skelter playing out on U.S. factory floors from labor and supply shortages, transportation bottlenecks and the coronavirus looks likely to persist into the second half of the year,\u201d SupplyChainBrain<\/i><\/a>\u00a0reports.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201cThe lack of sufficient labor, along with job switching and recent omicron-related absences, is wreaking havoc on nearly every U.S. industry,\u201d it adds, noting that the latest employment report showed that while the labor force participation rate \u2014 the share of Americans that are either working or looking for work \u2014 climbed in January, it\u2019s still well below pre-pandemic levels.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201cThere\u2019s a real challenge in finding labor and that\u2019s across the system,\u201d Weyerhaeuser CEO Devin Stockfish said in\u00a0SupplyChainBrain.<\/i>\u00a0That includes finding truck drivers, logging contractors and employees to work in the mills. \u201cThat makes it challenging to really dramatically ramp up that production.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Modernizing the Supply Chain<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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With labor shortages, logistical snarls and a lack of supply chain visibility all creating challenges for organizations right now, many are turning to technology for help. In To improve your supply chain, modernize your supply-chain IT<\/i><\/a>, McKinsey & Co., says that global distribution issues and increasingly complex supply chains are\u00a0forcing<\/i>\u00a0companies to modernize the tools they use for forecasting demand and planning how to meet it.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201cCompanies have to modernize their supply chains,\u201d the global consultancy states. \u201cThat was obvious even before congested ports and parts and labor shortages began to snarl supply chains at the start of the Covid-19 pandemic two years ago.\u201d\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Using AI, machine learning and data analytics, for example, companies can speed up decision-making and pave the way for autonomous planning. \u201cModernizing can make supply chains more resilient and efficient,\u201d according to McKinsey, which says companies haven\u2019t \u201cdone themselves any favors\u201d by sticking to their manual systems and antiquated software.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201cIt may feel daunting, but upgrading supply chain planning systems is doable with the right approach,\u201d McKinsey states. \u201cAnd the potential benefits are significant: better planning processes, systems that are a closer match for the company\u2019s needs, and ultimately, a more efficient and resilient supply chain.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Logistics and transportation networks continued to face a litany of challenges in 2022. Here\u2019s how technology can help shippers work through these issues and plan for future success. <\/p>\n","protected":false},"author":8,"featured_media":22268,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"blog_category":[74,69,67],"class_list":["post-18263","blog","type-blog","status-publish","has-post-thumbnail","hentry","blog_category-industry-trends","blog_category-managed-transportation","blog_category-technology"],"acf":[],"yoast_head":"\nUsing Technology to Tackle Modern Supply Chain Challenges - Odyssey Logistics<\/title>\n<meta name=\"description\" content=\"Here\u2019s how technology can help shippers work through modern day supply chain challenges and plan for future success.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.odysseylogistics.com\/blog\/technology-to-tackle-modern-supply-chain-challenges\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Using Technology to Tackle Modern Supply Chain Challenges - 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