The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight.
Late payments also add to the financial pressures impacting suppliers, with 42% saying they expect to face increased borrowing costs over the next 12 months.
Challenge: An innovative clean energy startup needed a manufacturing site that could accommodate its growth and allow it to scale production as demand for its groundbreaking product takes off.
Challenge: A fast-growing D2C medical apparel company experienced significant growth in ecommerce order volume as well as dramatic spikes due to promotional activity.
Challenge: A leading cloud-based transportation management software (TMS) company for asset-based trucking needed a way to take on customers who require EDI without dedicating additional technical resources and taking months to go live.
Challenge: A rapidly growing D2C footwear brand required an agile fulfillment operation that could scale just as quickly as their business was growing — without being bound by geography.