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Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.

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Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

A Chinese worker looks on as a cargo ship is loaded at a port in Qingdao, eastern China’s Shandong province. In December, spot freight rates were 264% higher for the Asia to North Europe route, compared with a year ago, according to Mirko Woitzik, risk intelligence solutions manager at supply chain risk firm Resilience360.

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Blockchain and the Law of Unintended Consequences

Enterra Insights

.” Many analysts are touting blockchain because it holds the potential to solve many challenges currently found in supply chains associated with things like fraud, visibility, and sourcing. Benefits of blockchain technology in the supply chain. Freight Tracking. Supply Chain Liquidity.