The State of the Domestic Supply Chain

Conversations about supply chain bottlenecks are commonplace. Product shortages, reduced warehouse capacity, and delays are unfortunately the new normal—and logistics teams bear the brunt of most of these challenges.

The silver lining? The pandemic has given rise to new opportunities to rebuild a more efficient and resilient supply chain. From the Supply Chain Task Force to innovations in cloud technology and Transportation Management Solutions (TMS), renewed attention to flaws in the supply chain has garnered support for much-needed upgrades. As a result, logistics teams continue to adapt to new challenges—better equipped with innovation as their partner.

The lingering effects of the pandemic

It may seem like a lifetime ago, but these major disruptions to the supply chain only began early last year. Manufacturing hubs in China, South Korea, Taiwan, Vietnam, and European industrial giants like Germany were hit hard by surging coronavirus cases. As a result, many factories shut down or halted production because workers were unwell or in lockdown.

Months later, the domestic supply chain is undoubtedly struggling to get back on its feet. However, existing flaws in the U.S.’s supply chain have become glaring issues that people can’t ignore. As a result, the supply chain is suddenly top of mind for everyone, from government officials and journalists to consumers awaiting holiday packages. The New York Times even has a new supply chain beat—which they didn’t cover before.

Among the most urgent challenges still harming the U.S.’s domestic supply chain is the ongoing labor shortage, particularly truck drivers. The American Trucking Associations (ATA) report estimated the industry is short of a record of 80,000 drivers. Furthermore, the ATA predicts this number could double by 2030 as people continue to retire.

Now is the time to embrace innovation

This past year was as firm a reminder as any that supply chains need to adapt, respond, and recover quickly to changing circumstances. How? It begins with a new mindset centered around supply chain integration, visibility, and responsiveness.

CTSI-Global is uniquely positioned to help shippers have better supply chain visibility, fill skills gaps or understaffed teams, and navigate transitional periods with ease. The proprietary TMS solution, Honeybee TMS™, allows teams to plan, execute, and track shipments in one intuitive platform.

By creating a central hub for all relevant supply chain data, supply chain leaders have visibility into the gaps or opportunities for improvement across their operations. This will undoubtedly come in handy again—and help mitigate future issues by providing leaders the correct information to make more informed business decisions.

Today’s supply chain leaders know that they can never predict the next crisis. But they can be prepared—especially with the right partner on their side.

Help your team pivot on a dime. Contact us today to get started.