The busy holiday season is upon us, which means much of the hard work for the global supply chain has ended. Heading into the holidays, consumers in the U.S. were expected to spend at record levels, and (so far) peak season for shipping has continued without a major hiccup.
But, like a storm gathering, a potential ILA strike (and other disruptions and challenges) looms on the other side of the New Year. As we approach 2025, here’s the latest from around the industry. Continue reading to learn more, and get in touch with us if you’re looking for a supply chain orchestration platform that can support your business through any challenge.
Tariffs and a Coming Trade War?
ILA strike aside, LSPs and BCOs are thinking about potential new tariffs in the New Year as a fresh administration takes control in Washington, DC. Forbes writes about how organizations can protect themselves against repercussions from these tariffs by being proactive, making alternative supply chain plans, and stockpiling inventory (among other things).
The New York Times also writes about potential new tariffs, suggesting that China may attempt to “take the initiative” in a new trade war and “use its economic dominance to exact pain.” No matter what approaches companies use to mitigate the impact of potential new tariffs and a trade war, modern supply chain technology will be essential.
2025’s Secret to Success: Supply Chain Resilience
Maersk recommends end-to-end supply chain resilience as a key to success in 2025. As organizations look to safeguard their supply chains against disruptions in 2025, Inc. recommends five ways to build resilience, including digging into big data and diversifying suppliers.
It’s become widely accepted that supply chain technology (and its visibility and collaboration capabilities) empowers resilience in the modern age. Companies that are still relying on manual, analog, and/or dated approaches to supply chain management may find themselves falling behind in today’s reality.
How Persian Gulf Countries Combat Supply Chain Challenges
Different parts of the world may respond differently to supply chain challenges. The World Economic Forum explores how nations in the Persian Gulf region have adapted to modern supply chain challenges. This is a part of the world that has experienced the crisis in the Red Sea, the Russian invasion of Ukraine, and (of course) the COVID-19 pandemic.
In response to these challenges, nations in this region have used regulations to remove obstacles and support frictionless trade. They’ve also created new partnerships across countries, governments, and private businesses to better promote resilience. According to the article, embracing modern technology has also played a key role in overcoming supply chain challenges.
Supply Chain Technology to Support Transparency
One of the benefits of implementing modern technology is that it allows LSPs and BCOs to take advantage of massive amounts of data. Raw data is useless, but with the right tech stack, raw data can be transformed into real-time insights. For example, technology allows organizations to turn data into supply chain transparency, which is growing in importance for several reasons.
Transparency across supplier networks has become important for regulatory reasons. Transparency in shipment locations delivers the visibility that organizations need in today’s chaotic supply chain. And transparency also empowers companies to be proactive and make confident decisions when disruptions emerge.
Collaboration: The Key to Recalibrating Supply Chains
Consumer Good Technology writes about recalibrating supply chains for “the future normal.” The first recommendation is better collaboration. The article suggests that collaborating with “partners across the full value chain is the dream scenario” and that “there’s plenty of optimism to believe” that organizations are getting closer to that dream.
At Cargologik, we’re big believers in collaboration. Our platform is designed to support collaboration among all the different parties involved in any given shipment, empowering teams to work proactively to keep their supply chains moving forward.
Prepare Your Supply Chain for 2025 With Confidence
As 2025 draws closer, resilience, collaboration, and transparency will define supply chain success. Don’t let disruptions and inefficiencies hold you back. Instead, eliminate fragmentation and create outstanding experiences for your customers.
With Cargologik, you can unite your operations on a single platform that handles everything from visibility to document management — all at a fraction of your current tech costs.
Ready to reinvent your supply chain? Contact us to get started with Cargologik.
