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This Week in Logistics News (August 1-5, 2016)

Talking Logistics

As reported by The Seattle Times , “Amazon will fly its latest Boeing 767 widebody jet freighter, publicly revealing the new ‘Prime Air’ branded livery of its fast-growing fleet of used cargo planes” at today’s Seafair aerial display over Lake Washington near Seattle. The video below shows the jet freighter getting painted.

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When the Heavy Hand of Government is Not a Burden

MIT Supply Chain

One manifestation of this problem is that multiple ports on the east coast are deepening their approach channels in order to attract bigger cargo ships. The State of Ohio, for example, is buffering its PPE inventories, for example. The situation is exacerbated by local stockpiling.

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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. Intel is investing over $20 billion to build two new chip factories in Ohio. IATA data shows global demand for air cargo markets jumped 3.7%

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year.