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This Week in Logistics News (October 21 – 27)

Logistics Viewpoints

In August, President Biden hosted the leaders of Japan and South Korea at Camp David, bringing the three countries together in a bid to further encourage collaboration and innovation. The shifting numbers could be seen at the Port of Los Angeles, where cargo volume increased for the second consecutive month compared to 2022.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market.

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The Coronavirus Is Shattering Traditional Supply Chains

ivalua

The effective shutdown of industrial activity in Wuhan, China — ground zero for the virus – presented particularly difficult problems for manufacturing firms worldwide, many of which had come to depend on materials, components and finished goods made in China. A retailer will have empty shelves.

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Relatively Cautious Global Production and Supply Chain Indices for February 2022

Supply Chain Matters

The Supply Chain Matters blog highlights February global manufacturing and supply chain indices and challenges relative to product demand and supply network imbalance levels in the first quarter of 2022. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The IHS Markit Manufacturing PMI™ reported a value of 57.3

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Helping You Plan Ahead During the Coronavirus Outbreak

CH Robinson Transportfolio

We continue to see elevated cases in developed nations that have a heavy reliance on manufacturing outside of the U.S., Given this continued volatility, global importers are eager to restock their inventory. Assessment of inventory levels. How are existing inventories compared to sales projections? and Europe.

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Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

The US auto industry is expected to follow suit as stockpiled inventory becomes depleted. Some US manufacturers, however, have resorted to airlifting supplies from China at a premium price. European electronic component distributor TTI says it is using air cargo companies UPS, FedEx, and DHL to mitigate the impact of holdups in China.

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Chill Pill Has a Whole New Meaning for Pharma Supply Chain

Aera Technology

Meanwhile, pharma companies are still trying to iron out distribution and inventory complexities that cause another $25 billion in excess inventory – in a nutshell, the new drugs are complex proteins and if they’re not properly handled every step of the way to market, they’ll go bad!