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Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

Procurement professionals around the world are sitting up and paying attention, especially in sectors with globally integrated supply chains. Since the outbreak of SARS in 2003, the last major epidemic to hit China, the country has become even more important as a source of key components and materials as well as finished consumer goods.

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This Week In Supply Chain Management Tech April 4 2023

Supply Chain Matters

Founded in 2003, Utah based Avetta has reportedly deployed by 500 clients located in more than 130 countries. Rockville, Maryland based OCR specializes in content and services related to export compliance and controlled commodities, denied party screening, license procurement and product classification services.

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Walmart again Raises Chargeback Stakes

Enterra Insights

2] She wrote: “There’s no doubt about it: manufacturers who fail to meet a retailer’s vendor standards can get into financial trouble. After all, shave off $20 here for a short lot, $5 there for a cracked pallet and $10 over here for a mangled shipping label, and before long, it can run into real money. Footnotes. [1]

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Supplier Risk Management Considerations for the Coronavirus Outbreak

ivalua

Even more concerning is that the death toll has spread outside of mainland China and ships outside of ports in Hong Kong and Japan are being quarantined. . This will impact manufacturers and retailers who rely on these products and labor, the logistics haulers expecting to transport the material, and ultimately the end consumers. .

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Post-pandemic Supply Chains

Enterra Insights

From the outset, key lessons related to knowing the supply chain were at the forefront — not just the final link but key sources of supply related to materials, having contingency plans for interruption of supply, and understanding the capabilities and vulnerabilities of critical elements within the value chain.”[4]. ”[4]. .”[5]

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Cutting Out the Middleman with Mike Nervick

The Logistics of Logistics

In 2003, Mike founded his own successful freight brokerage, Advantage Freight Network (AFN), growing it to over $170M. As a broker insider, Mike saw first-hand how antiquated the freight procurement process was for manufacturers, retailers and distributors. Mike then founded Sleek Fleet in 2017, which is now Sleek Technologies.

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Seasoned Leadership in Action™ – An Interview with Raymon Krishnan!

Supply Chain Game Changer

I then went on to work as a ‘shipper’, for a swiss confectionary manufacturer and then a global IT distributor. Running a cost effective and safe supply chain distribution network across multiple geographies in the Asia Pacific region manufacturing and shipping chemicals where we averaged one delivery every 50 seconds.