Handling the Supply Chain Talent Shortage
Apparently there’s a shortage of talent in the supply chain and logistics fields, and universities are trying to catch up to providing adequate foundational knowledge in the area.
The Bureau of Labor Statistics projects there will be a 19% increase in hiring within the logistics industry between now and 2033.
(You don’t need to go to back to university to study these topics, you can check this out.)
U.S. Port Strike Averted…For Now…
The heavy threat of port workers going on strike in the U.S. was averted for the time being when dockworkers or Longshoremen and the U.S. East and Gulf Coast Ports agreed to extend their contract to January 15th. The current deal also includes a 61.5% increase in wages for the Longshoremen.
While a strike was averted this time, the war has just begun. The whole issue is about automation.
When the US ports are ranked as some of the LEAST efficient ports on the world compared to ports on Asia and Europe, where they have adopted far more automation and thus by far more efficient, this whole saga is just the beginning.
If you want to understand more about how AI and Automation fits in with port operations, head over here.
Starbucks Experiments with Weatherproof Coffee
We’ve covered extensively how climate events have seriously affected coffee bean crops and driven up the price of coffee beans.
Starbucks, has invested in a couple of coffee farms in Costa Rica and Guatemala, where they’re experimenting with growing weather-resistant coffee beans that can (hopefully) survive volatile weather conditions.
