Shipping Container Shortage–Another Bullwhip Example
Operations and Supply Chain Management
JANUARY 25, 2021
Ikea’s Singapore operations called it a “global transport crisis” and estimates 850 of its 8,500 products are affected by shipment delays. A Chinese worker looks on as a cargo ship is loaded at a port in Qingdao, eastern China’s Shandong province. Compared with last March’s low prices, freight rates from China to the U.S.
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