Remove Cargo Remove Company Remove Procurement Remove Procurement Analytics
article thumbnail

Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Next Steps: Start to model demand based on market data to align the organization on baseline demand. Resist the temptation to place deeper analytics on top of existing data models. Instead, rethink the model and the approach. Out of desperation, they turned to the use of descriptive analytics. Next Steps.

article thumbnail

Better Ways to Address Trade-Offs with Supply Chain Optimization

Logistics Viewpoints

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Trade-offs are inherent in supply chains, so companies that address them better gain significant competitive advantage.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The State of the Trucking Market in 2021

GlobalTranz

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. are liable?network

article thumbnail

CSR Initiatives in the Global Supply Chain

The Logistics & Supply Chain Management Society

Early in the pandemic, the company organized an airlift of two flights per week to deliver several hundred million masks from China to France. In order to achieve this target, CEVA Logistics is incorporating environmental considerations in a variety of areas of operations, from warehousing to transportation and procurement.

article thumbnail

Risk Management in Halal Supply Chains

The Logistics & Supply Chain Management Society

Halal risk management practices of most companies are passive, meaning it is limited to the compliance of suppliers and their own (manufacturing) operations based on the requirements of the halal certification body and their halal standard(s).

article thumbnail

De-Carbonising Road Freight Operations: Bridging the Know-Do Gap

The Logistics & Supply Chain Management Society

The sixth assessment report by the Intergovernmental Panel on Climate Change (IPCC) published in August 2021 once again stressed the importance and urgency of decarbonising all sectors of the economy. It comes from the annual customer survey conducted by logistics software company Transporeon.

article thumbnail

The Importance of Visibility In the Supply Chain

Precoro

In today’s globalized economy, extraordinary events on one continent can be felt worldwide, as companies tend to have complex supply chains involving suppliers from multiple countries. While this complexity allows for cost-efficient production and a wider selection of goods, it also poses significant challenges to supply chain stability.