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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

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. Written by Tan Weizhen and published on CNBC 1/24/2021. KEY POINTS. rates are up 145% year over year.

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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. “Cargo Volume often defines the cost of shipping freight.