article thumbnail

Red Sea Ocean Transport Shipping Disruption Update

Supply Chain Matters

Bloomberg reported this week that: “ Commercial ship transits through the Suez Canal have dropped to their lowest level since the Ever Given blocked the waterway nearly three years ago.” Recent reporting from The Wall Street Journal indicates that for Europe based automakers Tesla and Volvo Cars , the impacts have started.

article thumbnail

The sharing economy: An effective model for supply chain management?

Kinaxis

To break it down a bit, the sharing economy leverages peer-to-peer, business-to-peer, and business-to-business connections to implement lending, accommodation, transportation, staffing and even music and video streaming services. Nestle combined parts of its supply chain for fresh and chilled products in Belgium with PepsiCo, a clear rival.

Modeling 216
Insiders

Sign Up for our Newsletter

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

article thumbnail

Will Climate Change Force Agriculture Indoors?

Enterra Insights

With an ever-increasing number of mouths to feed and climate change affecting the agriculture sector in significant ways, the staff at Bayer reports, “The impact of climate change has led to a vicious combination of resource scarcity, harvest loss, and soil degradation.”[1] This will help to minimize operational expenses.”

article thumbnail

Sustainability vs. profitability: Is it one or the other?

Kinaxis

According to a World Economic Forum report, companies like UPS, SABMiller, DHL, Unilever and Nestle are among 25 multinational companies that focused on sustainability and ended up increasing revenue by up to 20% while cutting supply chain costs as much as 16% as a result.

article thumbnail

Better Together: “The Promise of Supply Chain Sustainability”

BlueYonder

That is what the State of Supply Chain Sustainability report has looked at for the last three years. As a report sponsor, we were honored to participate in an in-person event hosted by the MIT Center for Transportation and Logistics and CSCMP, the report authors.

article thumbnail

Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

The British Retail Consortium warns that higher transportation and shipping insurance costs could lead to delays and price hikes, potentially affecting product availability over the coming months. As of January 11, Volvo Car AB has suspended production at its plant in Ghent, Belgium, for three days.

article thumbnail

Introducing QAD Adaptive ERP 2022.1

QAD

QAD Financials boosts the user experience by adding new Revenue Recognition options and a new reporting groups field which allows users to create quick action centers with no need for configuring the complete Financial Report Writer. Action Centers can now be built quicker so users save time. Complete Customer Management.