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For supply chain management, a centroid is a location with a high proportion of a country's population and a high proportion of its manufacturing, generally within 500 mi (805 km). In the US, two major supply chain centroids have been defined, one near Dayton, Ohio, and a second near Riverside, California. [citation needed] [82]
The trend toward more "nearshoring" to alleviate the global supply chain chaos is not new but is increasingly important, according to Deloitte Vice Chairman of US Industrial Products ...
When managing a global supply chain, it is important to place emphasis on logistics performance as there has been an increase in business-to-business international marketing. [6] Logistics is inherently difficult and complex for a global supply chain as it deals with trade regulations , shipping distances, and cross-currency issues.
Similarly, in supply chain management, the last mile describes the logistical challenges at the last phase of transportation getting people and packages from hubs to their final destinations. Last-mile delivery is an increasingly studied field as the number of business-to-consumer (b2c) deliveries grow, especially from e-commerce companies in ...
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Supply chain resilience has been identified as an important business issue. The United Kingdom's Confederation of British Industry reported in 2014 that a significant number of businesses had reshored parts of their supply chain to European locations, with many identifying supply chain resilience as "a key factor in their decision to do so". [47]