Inbound Logistics | October 2024

BITE SIZED SUPPLY CHAIN/LOGISTICS INFORMATION Info SNACKS DEEPFAKE FRAUD: WIDESPREAD AND GROWING

SUGAR RUSH Americans buy about 600 million pounds of candy for Halloween each year, which is roughly 24 pounds per person. This is equivalent to 16 billion fun-size Snickers bars or 158 trillion individual kernels of candy corn. In 2023, consumers spent about $3.6 billion on Halloween candy—a slight increase from 2022 and more than pre-pandemic levels.

25.9% 51.6% ONLY 7.4%

of organizations have experienced 1 or more incidents in the past year.

predict volumes to rise in the next 12 months.

of organizations use detection technology as their #1 tool to identify deepfakes.

–Generative AI and the Fight for Trust, Deloitte poll, May 2024

FANCY FOOTWORK “We have basically tried not to source any products anymore from China into the United States.” –Adidas CEO Bjørn Gulden when asked about the impact of potential tariffs on imports from China during a recent earnings call. The Germany-based footwear giant manufactures its

ROBOTS REACH NEW RECORD 541,302 New robot units added in 2023 4.28 million+ Total number of industrial robots currently operating in factories all over the world 55,389+ New industrial robot units in the United States alone –2023 World Robotics report

products across a global supply chain that excludes China, so it should be in “good shape” if new duties are put in place, Gulden said. The decision to source its U.S. products elsewhere was not made based on the possibility of additional tariffs but rather due to overall “attention” given to the supply chain links—and growing geopolitical tensions—between Germany and China, Gulden noted. JOBS OF

THE FUTURE Here are 10 jobs expected to gain popularity in the workforce as early as 2025. 1. Data detective 2. 3D printing engineer 3. AI specialist 4. IT service broker 5. Sustainable sourcing manager 6. Personal brand manager 7. Ecommerce broker 8. Startup broker 9. Confidence coach 10. Elderly care companion

GOLDEN OLDIE Intella Parts Company, a supplier of aftermarket forklift and aerial lift parts, declared a winner in its contest to find the oldest operating Toyota forklift. Alexander Toolsie of Burlington, Ontario, submitted the winning entry for a 1978 Toyota model 42-3FGC20 forklift. He was awarded a $100 gift certificate to be used on Intella’s website as well as a $100 Visa gift card.

October 2024 • Inbound Logistics 1

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