We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.
The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ...
Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.
Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.
“The warning signs for UK retailers are plentiful: it is do or die when it comes to transforming supply chain operations. Organisations need to prioritise agility and flexibility to ensure resiliency in their supply chain.”
Bad weather in Europe and Northern Africa caused shortages of salad items in the UK, leading major supermarkets like Tesco’s, Morrisons, Aldi, and Lidl to impose purchase limits on tomatoes, peppers and lettuce. Plus, the pandemic exposed the inflexibility of global supply chains, affecting retailers like Sainsbury’s, Asda, Boohoo, and ASOS, which reported supply chain issues and profit drops due to delayed deliveries and increased stock. GreyOrange CEO and co-founder Akash Gupta shares a path to address these challenges: UK retailers must prioritize agility and flexibility, leveraging automation and robotics to realign fulfillment operations and manage inventory efficiently. The UK government is investing £900 million in AI research to support economic growth, but retailers must embrace automation to stay resilient amid future supply disruptions.
Read the original CityA.M. article here.