Wanted: More Logistics Infrastructure Plus: How to keep pace with the online shopping boom. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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Your Inspiration For November 9

SafetyCulture Virtual Summit 2020

Report: Can’t Get Enough Logistics Infrastructure, at Least for Now

The logistics industry continues to grow at a brisk pace after bottoming out six months ago. "Because e-commerce is growing at quadruple the predicted rate, it has been difficult for firms to procure the infrastructure necessary to fulfill consumer demand,” the Logistics Managers’ Index (LMI) reported.

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By the Numbers

71.6%

The October Logistics Managers' Index score of 71.6% was the highest the overall index had reached since June 2018. Early this year, it sank to an all-time low of 51.3% in April. 

Quote/Unquote:

"It’s not surprising that there hasn’t been a huge shift of electronics supply chain out of China for the 2021 season. Instead, supply chain leaders are focusing on execution risk: How can they make 2021’s new programs successful in spite of continued challenges from COVID, such as restricted travel and distributed teams all trying to collaborate remotely in real-time."

Anna-Katrina Shedletsky, founder and CEO of Instrumental Inc., blogging in Forbes about why "Electronics Supply Chains Are Staying Put In China, For Now."

Viewpoint

How to Keep Pace with the Online Shopping Boom

Businesses have been compelled to adapt to a fully digitized model to reach customers. While this is good news for e-commerce and logistics companies, it comes with several challenges, too.

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Watch This

The ‘Smart Factory’ That Could Revolutionize Manufacturing

After three years of secrecy, Alibaba unveiled its attempt to leverage its consumer data and technologies to improve manufacturing efficiency. (Bloomberg Quick Take)

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