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Retail giants crush the rush with charters, air freight

Resilinc

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

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Digitisation: Shifting Gears in 2021

The Logistics & Supply Chain Management Society

So far, digitisation projects in the supply chain networks have indeed been progressing slowly. Hence, at the end of 2020 stands the legitimate question: What is it that we really achieved in 2020, and what is in store for 2021? We started with a tailwind—2020 began with some digital optimism. What is missing?

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The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

Prior to 2020, they were paying around ten cents a mask. During 2020, Cooper was paying up to a $1.50 While getting personal protection equipment was difficult, 2021 was an even more challenging time for the supply chain team. 2020 it was just a scramble for PPE,” Dr. Runkle explained. “We

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This Week in Supply Chain Tech- January 19 2024

Supply Chain Matters

Founded in 2015, the Sayari platform integrates global corporate and supply chain data to surface risk insights for investigations, analytics, and supply chain risk management. Data that is captured can be utilized in supply chain risk management compliance and other business process decision-making.

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How Cargo Theft Stole Christmas

Logistics Viewpoints

According to CargoNet , a division of Verisk Analytics, which tracks thefts along the supply chain for companies, roughly $45 million in cargo thefts were reported through September. That compares with almost $68 million for all of 2020 when thieves targeted toilet paper and personal protective equipment.

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Port and Maritime Cybersecurity Vulnerabilities Finally Get More Attention

Logistics Viewpoints

Since the systems affected were controlling the flow of vessels and freight around the world, these can be classified as OT-level supervisory type systems. When shipping giant Maersk fell victim to NotPetya malware in 2017, the costs were estimated at between $200 and $300 million.

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Wildfires are up 30% year over year and wreaking havoc on supply chains

Resilinc

Over the last several years, factory fires have ranked as one of the most common types of disruptive supply chain events: in 2020 1,000 factory fires were tracked by Resilinc’s EventWatch monitoring system. However, fires that occur far outside factory gates are becoming a greater concern for supply chain risk managers.