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Global Trade Authority Rob Garrison, CEO and Co-Founder of Mercado Labs, shares insights from over 30 years of supplychain experience working with a variety of Fortune 500 companies. Here, he explains what caused current globalsupplychain disruptions, and shares the five steps needed to overcome today’s supplychain issues.
Ongoing attacks on vessels in the Red Sea by Yemen’s Houthis continue to disrupt shipping lanes in the chemical industry’s supplychain, according to Al Greenwood, chemicals expert and deputy editor at ICIS. The Houthis are creating significant supplychain disruptions for chemical companies and governments.
Washington farm exports crimped by cargo-container shortage. Three major US drug distributors have requested the government to expand the COVID-19 vaccine supplychain network as the country strives to immunize its population against the novel coronavirus as quickly as possible. HelloFresh boxes sustainability.
Globalsupplychains tie the planet together, providing goods to consumers, jobs to workers, and dividends to shareholders. And this global trip isn’t just for sightseeing – leading companies find that a diversified sourcing base and far-flung manufacturing can help cut production costs, increasing the bottom line.
In my previous article on the evolution of transportation management, Driving Value from a Transportation Management Center: Think Global, Act Local , I discussed how transportation best practices were evolving from more rigid, centralized control towers to more flexible and collaborative Transportation Management Centers (TMC).
Demands on the transportation teams are growing as political posturing ramps up causing rapid disruption to globalsupplychains. A global TMS solution provides an automated and systemic way of addressing the challenges that are the reality for most organizations that source globally.
The SupplyChain Matters blog highlights an added dimension to our monthly summary of globalsupplychain activity trending and implications. In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. All rights reserved.
In this February 10, 2023 edition of SupplyChain Matters This Week in SupplyChain Tech we highlight news related to Shopify and Flexport , as well as Frieghtos , each in the transportation and logistics visibility tech segment. This concludes our February 10, 2023 Edition of This Week in SupplyChain Tech.
These vehicles are particularly susceptible to rollovers due to the high center of gravity and the sloshing and surging of cargo, requiring tanker-endorsement holders to exhibit advanced operational and safety skills. This shortage has put immense pressure on the existing workforce and strained the supplychains across the country.
The Ferrari Consulting and Research Group through its affiliate the SupplyChain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and globalsupplychains research advisory. Ongoing Technology-Driven Industry Disruption. Background.
Following the fruitful discussions in 2015, SMi’s annual Cold Chain Distribution conference will bring back lively debates and industry updates to London, offering the best platform for delegates to stay ahead of this lucrative market! Supported by SupplyChain Media. Andrea Gruber, Senior Manager, Special Cargo, IATA.
Knowledge is power in the world of supplychain management, and every company is searching for the next best way to save money and meet consumer demand. That’s why we’ve created this list of the top logistics and supplychain journalists and thought leaders that we follow and suggest you check out in 2020. . Paul Abbott.
The following seven stories will recap business moves, innovative ideas, and industry insight to guide supplychain professionals into the launch of the next quarter. Current plans foresee a FourKites X pilot within the next few months, whereas the complete tool will be available before the end of 2022. .
There have been numerous articles published on this topic in various trade journals showing how almost everyone in the supplychain is being impacted by this congestion. Robinson and other Beneficial Cargo Owners (BCOs) participated to ensure that customers’ voices are heard. GlobalTransportationSupplyChain'
The SupplyChain Matters blog highlights February global manufacturing and supplychain indices and challenges relative to product demand and supply network imbalance levels in the first quarter of 2022. GlobalSupplyChain Pressures Index. Federal Bank of New York.
We answer all these questions and more – including how inventory management software will help you manage your supplychain for your freeport warehouse or factory. These new technology and eCommerce hubs have been successful in attracting investment in IT-related goods and services to the region.
It started in 1969 as DHL Air Cargo, and by the late 1970s, the company had expanded its operations and offered services throughout the world. XPO Logistics XPO Logistics is a transportation and contract logistics management company with more than 1,530 locations in more than 30 countries around the world.
As the transportation industry waves goodbye (and good riddance) to 2022, innovative logistics professionals are already working hard to make 2023 a banner year for the globaltransportation industry. Streamlined Finance and Accounting Tools. Airfreight Demand Plummets as Shippers Flock to Ocean. 15 press release.
It’s not too late to get your product to store shelves in time for Black Friday, thanks to the swift performance of air cargo service. With significantly shorter lead times than other modes, air cargo can get your product to market in as little as a day. Understand the metrics of air cargo: time and money.
So you’ve decided to invest in a globaltransportation management system (TMS). It’s a question that more companies are asking as supplychains continue to expand globally. There is no substitute for local knowledge and connections when implementing a global TMS.
4 Key Takeaways from the GlobalSupplyChain Summit.Transportfolio. Discussions about customs automation, the pros and cons of the Trans-Pacific Partnership , and infrastructure status and its trade implications swirled in Washington, D.C., at the 4th Annual GlobalSupplyChain Summit , hosted by the U.S.
Too often – make that almost always – importers and exporters (BCOs – Benefiticcial Cargo Owners) are dependent on their NVOCC, Freight Forwarder or 3PL (3PL) to provide them with visibility into their globalsupplychains. When we talk about globalsupplychain visibility we are referring to: .
When the expanded Panama Canal opened this June, a new set of routes became available for shippers and beneficial cargo owners (BCOs). Cargo can enter the country via East coast or West coast ports depending on variables such as the type of product being shipped. Is your supplychain make-to-order, make-to-stock, or both?
So while cost and quality are often viewed as the most important priorities for a company’s supplychain, delivery speed is quickly gaining in prominence. Because consumers use technology to do on-the-spot price comparisons, they can order from any company in the world that has their desired product. The expense?
Have you ever considered changing your traditional mode of transportation? As demands change, so must our supplychains. Now is the time to utilize all modes of transportation in the most efficient way possible. Every mode of transportation comes with pros and cons. Could rail service benefit your supplychain?
So while cost and quality are often viewed as the most important priorities for a company’s supplychain, delivery speed is quickly gaining in prominence. Because consumers use technology to do on-the-spot price comparisons, they can order from any company in the world that has their desired product. The expense?
Succeeding in global shipping can be difficult; you need to navigate transportation options, customs compliance, and ever-changing industry practices. Developing an optimal global shipping strategy. An important component of a global shipping strategy is vendor management. Each method has its advantages and disadvantages.
Succeeding in global shipping can be difficult; you need to navigate transportation options, customs compliance, and ever-changing industry practices. Developing an optimal global shipping strategy. An important component of a global shipping strategy is vendor management. Each method has its advantages and disadvantages.
In light of what happened, some companies still look at carriers’ financials and try to avoid putting cargo on carriers that might be at risk. The fact remains that the cargo can still move with the carrier you are trying to avoid under a different bill of lading. Make technology work for your supplychain.
The intricate networks of shipping routes, ports, and inland terminals have strengthened the interconnectedness of the world economy, and maritime shipping is the critical mode of globaltransport. The Suez Canal, for example, is crucial for energy and cargo shipments moving between Asia and Europe.
Airlines routinely use their data and technology to balance available air capacity against customer demands. They can easily scale up or down the number of planes needed for cargo. Although commercial 747s are being sold to cargo carriers in greater numbers, airlines can position their planes more accurately.
The trend of cross-border ecommerce is to create a close-looped ecosystem for a complete, fully functional supplychain. The business transaction, cargo shipping, payment wiring and collection, and document exchanges are no longer individual pieces of the chain. This will also be a complete supplychain service.
SupplyChain Matters highlights the occurrence of multi-day disruptions occurring among key U.S. The most significant news in globaltransportation and logistics circles late last week and this week are U.S. West Coast dock workers and the Pacific Maritime Association having dragged on since June 2022.
Having intimate knowledge of available supplychain capacity in every shipping mode continues to be paramount for companies to meet consumer demand as economies recover after recessions felt during the global COVID-19 pandemic. Deploying the Tech Stack is Critical to Overcoming SupplyChain Capacity Constraints.
Today, however, you hear much more talk about reshoring and nearshoring manufacturing in order to make America’s supplychains more secure. According to economic journalist Simon Kuper ( @KuperSimon ), “Today’s isolated countries yearn to globalize.”[4]. However, supplychain journalist Robert J.
billion on air cargo hub, fans talk of bigger ambitions (Reuters). project44 Launches the Next Generation of its SupplyChain Visibility and Connectivity Platform. billion to build a large air cargo hub in northern Kentucky. I believe we are currently between Stage 2 and Stage 4 in many supplychain and logistics areas.
In this special edition of our SupplyChain Matters This Week in SupplyChain Tech column, we highlight two noteworthy investments. One is a rather significant acquisition announcement that has the potential to change the globaltransportation and logistics landscape. based technology providers.
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