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Red Sea Ocean Transport Shipping Disruption Update

Supply Chain Matters

Skyrocketing Rates A January 12 th advisory from Container xChange indicated that the average spot rate quoted for China to Europe passage was about $5400 per 40 foot container, up from $1,500 the week earlier. retailers are already experiencing notifications of extended arrival times of ordered inventory. East Coast.

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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

The National Transportation Safety Board has recommended the installation of such technologies in all new passenger vehicles. Retailers are reviving an old playbook to manage their inventory levels after four years of struggling to find the sweet spot of holding enough merchandise but not too much. East Coast. 18 to $3,860.

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7 Reasons Why You Should Reduce Inventory

SCMDOJO

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

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Supply Chain Software’s Best Return on Investment

Logistics Viewpoints

The project was focused on the spare parts supply chain – the delivery of car parts and aftermarket accessories to automotive dealers and repair shops across Europe from their OEM vendors as well as their own manufacturing facilities in Europe. This supply chain spanned across 24 nations. The project took close to nine months.

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This Week in Logistics News (January 6 – 12)

Logistics Viewpoints

German logistics giant DHL Group is advising customers to take a close look at how they manage inventories as shippers switch away from the Red Sea, though trade associations said they did not expect any notable disruptions for Europe’s top economy. DHL Group does not operate ships but it uses them to transport containers.

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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

The most obvious impact was the disruption of traffic and transportation. A redundant supply chain has spare or backup capacity, such as inventory, equipment, facilities, and suppliers, that can be activated or mobilized in case of disruptions. The collapse had several immediate and long-term consequences for the region.

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Facilities Are a Critical Part of the Enterprise Supply Chain Tech Stack. It’s Time to Start Managing Them That Way

Logistics Viewpoints

Amidst ongoing uncertainty caused by COVID-19 lockdowns in Asia, war in Europe, scarce raw materials and steep inflation, companies are stockpiling inventory as never before in the hopes of mitigating future supply chain shocks. As soon as inventory hits the yard, it gets lost in a shuffle of trailers.