Global logistics moves to "the next normal" after an upheaval in product flows over the past year.
After a year overtaken by the pandemic, many of us long for a return to normal, or at least a shift to a new normal.
The global logistics sector, however, can't count on a return to normal, whether new, old, or otherwise. Instead, it faces a new beginning.
"Companies will need to replace linear, point-to-point supply chains with real-time digital networks," says Jim Tompkins, founder and chair of consulting firm Tompkins International. These networks will need to integrate planning and execution to reduce lead times and transportation costs and boost customer satisfaction.