Escalating technology disruptions and a truck driver shortage in the U.S. are just a few logistics pain points respondents to the MDM Industry Outlook Survey identified in Top Trends for 2016. Distributors should assess how these and other logistics obstacles may affect their business in the year ahead and make a plan to mitigate the long list of supply chain disruptions.
For example, the U.S. truck driver shortage has wide-ranging logistics implications, including increasing costs for companies across the supply chain due to drastic increases in driver wages.
Distributors can also look for opportunities in logistics, such as the expanded Panama Canal. It will give companies more options for moving goods around the globe and help shippers shift from West Coast ports to East Coast ports, which would have a profound effect not only on companies’ supply chains but also on the U.S. economy.
To avoid disruptions, stay informed of these and other possible logistics and supply chain obstacles and opportunities, and develop a risk mitigation plan for any issues that arise.
Read more about distributor pain points to watch out for in Top Trends for 2016.