Remove 2010 Remove Shipping Remove Supply Chain Remove Transportation
article thumbnail

High Seas Troubles Affect Global Supply Chains, Part One: Security Risks

Enterra Insights

Recent events remind us how big the world is and how vital ocean supply lines are for the global economy. That means maritime shipping lies at the very heart of the global logistical system. As a result, piracy activity dramatically decreased by 75 percent between 2010 and 2022. billion to upwards of $8 billion a year.”[1]

article thumbnail

Industry Transformation: Advanced Manufacturing and Digitalisation of Supply Chain-Logistics

The Logistics & Supply Chain Management Society

The Covid-19 pandemic severely exacerbated the shock to the Global economy.Global and Regional Trade and related Supply chains experienced unprecedented disruptions. International Airports and Ports almost came to a standstill as the worlds international airline fleets were grounded and maritime shipping disrupted and stalled.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Peet’s Coffee and the Roasted Bean Supply Chain

Logistics Viewpoints

Despite the significant amount of effort involved in going from running a business on Excel spreadsheets to implementing an enterprise resource planning (ERP), they are very grateful that their efforts to improve their supply chain agility were underway when the pandemic hit. The Peet’s Coffee Supply Chain.

article thumbnail

Incoterms 2010 the Right Way - SupplyChainOpz

Supply Chain Opz

Incoterms 2010 the Right Way. In global supply chain , most companies try to take an advantage of low-cost country sourcing to drive material costs down. The current version is Incoterms 2010. Anyway, things can become very complicated if you have to deal with new suppliers, new commodities or new means of transportation.

article thumbnail

History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

article thumbnail

Driving the Mission with Graig Morin

The Logistics of Logistics

Since 1998, Graig has been fully involved in the transportation industry. In 2010, Graig met the love of his life, Christine, and her four-legged side kick, Lily. For the past 19 years, Graig has dreamed of owning and operating a driver friendly transportation and logistics company. million miles.

Arlington 175
article thumbnail

Molex Prizes Agility

Logistics Viewpoints

Digital Twin from Infor Nexus Drives Supply Chain Agility for Molex. The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. The Molex Supply Chain. The Molex global supply chain is complex. This involves a lot of long-haul transportation.”