Today’s supply chain is constantly throwing challenges at both LSPs and BCOs, but some organizations have been able to thrive despite the hurdles in front of them. Many of these companies finding success in this tough supply chain landscape have invested in technology that promotes resilience before disruptions emerge. That decision has made all the difference.
In this week’s roundup of headlines from around the supply chain, transportation, and logistics space, we take a look at how different organizations are making strategic investments in technology to power their operations. Continue reading to learn more, and contact us to discuss using Cargologik as your single-source-of-truth supply chain orchestration platform.
Survey: Making Great Investments in Supply Chain Technology
PwC recently conducted a survey to learn more about the tech investments that are getting the best results, according to supply chain leaders. The results indicate that 85% of operations and supply chain leaders have increased their tech budgets in the past year, and also that 81% are currently reconfiguring their existing tech stack.
That’s a huge amount of change occurring across the supply chain technology space. One of the biggest things holding these leaders back is a lack of time. About two-thirds of respondents said they do not have the time needed to plan sufficiently for tech-related decisions.
Cloud-Driven Collaboration: A Top Priority
Another survey indicates that “cloud-driven collaboration” is a top priority, with 90% of supply chain professionals suggesting that they advocate for a high level of collaboration as a priority in tech purchases. There are so many different parties involved in any given shipment. As the global supply chain continues to experience disruption-related turmoil, getting these disparate parties onto the same page is essential for success.
The Cargologik platform was designed with this priority in mind — eliminating fragmentation by getting everyone on the same page. It helps LSPs and BCOs connect with all of the different parties involved in a shipment, connecting everyone so that all parties have access to the same information and each other.
Mitigating Risks Amid Supply Chain Disruption
Electronic Products & Technology explores how to mitigate risks related to supply chain disruptions. Geopolitical issues have slowed the global supply chain in recent months, and weather events (like recent hurricanes in the Caribbean) have also created issues. Just this month, a “bomb cyclone” in the Pacific Northwest led to flooding and halted transportation and air traffic.
The Business Continuity Institute looked at how to enhance supply chain resilience in the face of these devastating weather events. One key is to implement technology that empowers you to anticipate disruptions and make proactive plans to mitigate their impact as soon as possible. A reactive posture to weather events can significantly damage supply chain operations and place organizations at a competitive disadvantage.
What About Tariffs?
Another hot topic in the industry is tariffs and how they might become relevant with a new administration starting early next year. There’s currently “anxiety, but not panic” around tariffs, according to one article on the topic. Another looks at how different companies are making preparations for potential tariff changes.
Another Strike North of the Border
A postal strike in Canada is creating issues related to holiday shipments. The strike of 55,000 employees started in mid-November and continues at the end of the month, disrupting services across the country.
Labor stoppages have been in the news consistently in recent weeks. The brief ILA strike at U.S. ports along the East and Gulf coasts could renew in January, creating additional issues. Again, organizations should proactively plan around these potential disruptions to ensure their supply chains can thrive — and that they can continue to create outstanding customer experiences, no matter what’s happening externally.
Risks in the Pharmaceutical Supply Chain
The pharmaceutical industry is one of many that is vulnerable to supply chain disruption. According to this article, 90% of prescription drugs in the United States are generic, and 47% of them are manufactured in India. The distance between India and the United States increases the risk involved. Making matters worse, India depends on China for about two-thirds of the active pharmaceutical ingredients required to produce those medications. Any disruption affecting shipping between the U.S. and India could send the pharmaceutical supply chain spiraling into chaos.
Take Control of Your Supply Chain
As the supply chain landscape continues to evolve, the pressure to adapt has never been higher for both LSPs and BCOs. The challenges of today demand not only resilience but also a proactive embrace of innovation. Companies leading the way are investing in tools that foster visibility, collaboration, and efficiency — cornerstones of modern supply chain success.
Cargologik is designed to empower businesses like yours to thrive in this dynamic environment. By providing an all-in-one solution for end-to-end supply chain management, our platform bridges gaps in communication, reduces manual processes, and equips your team with actionable insights. Whether it’s navigating disruptions, optimizing operations, or elevating customer experiences, Cargologik helps you stay ahead of the curve.
Get in touch with us to see how we can help you turn obstacles into opportunities.
