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7 Ways Businesses Can Manage Supply Chain Shortages in 2021

ToolsGroup

As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. The 2021 supply chain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues.

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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.

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. The peak disruption was in December 2021. Shift in cycles.

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2021: Manufacturing, a Year in Review

QAD

The Oxford Languages and Merriam-Webster dictionary folks have advanced “Vax/vaccine” as 2021’s word of the year, but we think it really should be “disruption.” 2021: A Year of Continued Disruption…for All Industries. Spikes in online ordering and direct-to-consumer sales affecting the supply chain. Automotive.

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Peak Shipping Season Update: What’s Driving Change in the Industry?

GlobalTranz

The long and unpredictable peak shipping season continues to challenge supply chains. A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond.

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Containerized shipping joins modern financial world with CME futures

Freightos

trillion dollars in 2021 , up 13% from 2019. This did not come without its own major COVID-driven supply chain challenges. The cost of importing a 40’ container from China to the United States West Coast grew 1,000% from $1,800 in 2019 to over $20,000 in September 2021 according to our Freightos Baltic Index (FBX).

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Editor’s Choice: Ocean Trends for 2021

Logistics Viewpoints

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article is from FourKites and examines ocean trends for 2021. 2020 was a tumultuous year for supply chains, and 2021 has certainly followed suit.