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Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

Risk Management in Global Ocean Context Feature Article by LSCMS Shippers Council Rates have gone down massively in most trade lanes; congestion has eased, and capacity seems sufficient in most sectors. It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal.

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Supply chain risks: The knowable unknowns that can hurt your supply chain!

Kinaxis

The new CEO embarked on several cost reduction initiatives in conjunction with a number of changes (some may argue too fast and too soon) on how the company operates its freight-trains. Over the years, I have partnered with a number of customers across a variety of industries as part of their supply chain planning transformation journey.

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Supply Chain Fraud 101

Logistics Viewpoints

Weather delays can affect shipping lanes, manufacturers face product shortages, demand continues to spike for certain products, containers are difficult to acquire, and the trucking industry faces a driver and capacity shortage, just to name a few. One issue that does not get talked about as much, however, is supply chain fraud.

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

Logistics Viewpoints

Dr. Runkle also believed that if the strike did occur, the ability to get truck capacity would be severely constrained. So, suppliers were asked if they used carriers or their own trucks to haul freight. The strike didn’t happen, Dr. The way a company responds to the risks depends upon the category and the severity of the risk.

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This Week in Logistics News (August 28 – September 1, 2017)

Talking Logistics

August is usually a quiet month for supply chain and logistics news, but not this year, especially the past couple of weeks. Freight Companies Scramble to Reroute Goods in Wake of Harvey (WSJ – sub. LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders.

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Report-Apple iPhone India Based Production Upwards of $14 Billion

Supply Chain Matters

Noted was that expansion plans focused on the Foxconn facility in Chennai , and an existing production facility recently acquired by India based conglomerate Tata that were equated in the report to the eventual capacity to ultimately produce 50 million to 60 million iPhones annually. So will various industry specific supply networks.

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Red Sea Ocean Transport Disruption Update

Supply Chain Matters

According to the reporting by The Wall Street Journal (Paid subscription) , Maersk’s profitability decline has more to do with new ship capacity coming into service this year as a result of ship acquisitions initiated during the prior 2-3 years. Maersk is not the only global wide carrier bringing on added new ship capacity this year.