Supply Chain & Logistics News (November 11-14th)
Here is the Supply Chain & Logistics News for the week:
Boeing announced it will start issuing layoff notices to U.S. employees this week as part of a larger plan to cut 17,000 jobs, or 10% of its global workforce, due to financial struggles. Affected employees will stay on the payroll until January to comply with federal requirements. This follows a challenging period for Boeing, including a costly strike by over 33,000 workers that halted production of the revenue-critical 737 MAX jet. The company’s difficulties, from production delays and safety investigations to securing $24 billion in October to stabilize finances, have impacted employee morale. As Boeing tries to resume MAX production, many employees await confirmation on whether their jobs will be cut.
Ulta Beauty’s supply chain transformation started in 2021 and aims to create a more adaptable and efficient network. Instead of building oversized facilities like competitors, Ulta opted for a smaller, flexible footprint with four regional distribution centers, three market fulfillment centers (MFCs), and one fast fulfillment center for e-commerce. Retrofitting existing centers with automation and upgraded technology, Ulta is also implementing Project SOAR, an ERP upgrade to improve cross-docking, enabling direct store shipments from MFCs. This new model supports omnichannel fulfillment, enhancing options for customers like same-day delivery and store pickup, while also offering employees skill advancement opportunities.
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