PwC Canada’s 2024 survey reveals 44% of Canadians see inflation as the top threat, with 43% ready to switch to brands offering better value. Despite advances, drone delivery remains unprofitable for companies like Walmart, Amazon, and DoorDash. Alithya Group Inc.’s 2024 report shows manufacturers rapidly adopting automation, AI, and analytics to improve supply chains. The Port of Baltimore is fully operational after clearing the bridge collapse wreckage. New Balance is expanding its trade-in program with Archive to nearly 100 stores, supporting its sustainability goals.
Canadians Prioritize Value and Trust Amid Inflation: PwC Report
PwC Canada’s 2024 Voice of the Consumer survey finds 44% of Canadians see inflation as the top threat, with 43% willing to switch to brands offering better value. Despite high living costs, many are prepared to pay more for sustainable products. Trust and transparency are vital, particularly in data handling. PwC Canada’s National Consumer Markets Leader underscores the need for retailers to deliver clear value to maintain consumer loyalty.
Drone Delivery’s Next Challenge Is How to Clear Cost Hurdles
While drone delivery tech advances, profitability remains a challenge, companies like Walmart, Amazon, and DoorDash are testing services in select U.S. regions to cut delivery times and emissions. Despite overcoming technical and regulatory issues, high costs hinder wider rollout. Significant investments aim to achieve fuel savings, faster deliveries, and reach underserved areas. The sector’s economic viability is still uncertain.
Source: The Wall Street Journal
Manufacturers Adopting Tech to Meet Supply Chain Goals
Alithya Group Inc.’s 2024 Manufacturing Trends report reveals manufacturers are rapidly adopting technologies like process automation, AI, and predictive analytics to enhance supply chain, quality control, and cybersecurity. Over 60% plan to invest in automation, while efforts also focus on supply chain resilience, cybersecurity measures, and using AI for operational efficiency and predictive maintenance.
Source: Inside Logistics
Port of Baltimore Reopens After Bridge Collapse
With the Francis Scott Key Bridge collapse wreckage cleared, the Port of Baltimore is now fully operational. Although vessel counts may not return to previous levels until 2025, port leaders are optimistic about regaining customers. Despite diversions to other ports, shippers and carriers have shown strong intentions to return, reinforcing the port’s critical role in Maryland’s economy.
Source: Supply Chain Dive
New Balance Expands Trade-In Program with Archive
New Balance, partnering with Archive, is scaling its trade-in program to nearly 100 stores. Customers can trade in used items for vouchers towards new purchases. This initiative supports New Balance’s sustainability goals, aiming for a 50% reduction in emissions by 2030, and promotes a circular model by recycling end-of-life products.
Source: Forbes
Are your logistics requirements being effectively addressed? Let’s explore your eCommerce fulfillment strategies if you have a moment for a brief call. Our team of seasoned logistics professionals is prepared to evaluate your needs and formulate a customized plan to propel your business forward.
