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This Week in Logistics News (June 23-27, 2014)

Talking Logistics

In other news… Supply Chain Risk Management Now a Priority for Most Businesses ( Accenture ). Several reports have been published in recent years underscoring the growing importance of supply chain risk management. Another example of the wrinkles in our lives , and how we respond to them.

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Canadian Ports: A Fast Lane for Asia-U.S. Imports?

Talking Logistics

There was the infamous 11-day shutdown in 2002 , and just two years ago, 800 clerical workers at the ports of Los Angeles and Long Beach went on strike , shutting down the ports for eight days and costing the region’s economy about $8 billion. imports and cost the region about $1 billion per day is not good.

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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

Global trade was reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7 Manufacturing and Supply Chain Activity Levels- Global-wide manufacturing levels as depicted in the J.P. This level represents a contraction of $1.5 trillion (or five percent) compared to a record high level in 2022.

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Whew! It Is Finally Happening.

Supply Chain Shaman

In the period of 2000-2002, when I was at Gartner, I watched the evolution of a model that I violently disagreed with. I could not condone investment in ERP as the path forward to building end-to-end value chains. The active surveys in the field are listed below: Supply Chain Risk Management.

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Realties of Declining Global Trade and Transport Rates More Evident

Supply Chain Matters

The Drewy World Container Index , which stood at $9,304 per 40-foot container at the beginning of 2022, was reported as $2,120 by the end of 2002. During 2022, as consumers shifted their physical goods buying patterns away from products and into travel and services, global shipping volumes steadily declined and so did spot rates.

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Professor Yossi Sheffi on Resilience, Visibility, and Biggest Risks this Holiday Season

Elementum

He is an expert in systems optimization, risk analysis, and supply chain management, which are the subjects he teaches and researches at MIT. His latest book, The Power of Resilience: How the Best Companies Manage the Unexpected , was released this month.

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Still Think Dangerous Goods is Just Paperwork and Labels?

Talking Logistics

The prosecution was brought by [the UK’s Civil Aviation Authority] under the air navigation (dangerous goods) regulations 2002. As reported by The Guardian : The items included lithium-ion batteries and flammable aerosols, which were flown in and out of the UK between January 2014 and June 2015.