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Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster?

Kinaxis

states, obvious disruptions to supply chains and supply chain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. Starting with Miami, this port primarily handles containerized cargo with small amounts of breakbulk, vehicles and industrial equipment. containerized loaded cargo volume and more than 18% of the East Coast container trade. Supply chain risk management

Letter from the CEO: Coronavirus Market Update

Transplace

Cargo flows and ship calls are rebounding in China. The reopening of factories in China would see a gradual return of demand, but Alphaliner noted in a recent newsletter that cargo volume recovery was expected to take a few weeks, and until normal volume is reached, carriers would continue to selectively implement blank sailings, likely until the end of March. Savannah / Brunswick are predicting import cargo decrease by 40% in March and April from 2019 levels.

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This Week in Logistics News (January 4-8, 2016)

Talking Logistics

In the meantime, here’s the supply chain and logistics news that caught my attention this week: EU Approves FedEx Acquisition of TNT Express ( WSJ – sub. INTTRA Collaborates with JDA Software for Streamlined Transportation Management. LoJack SCI and TransVoyant Partner to Deliver Supply Chain Risk Alerting. Transervice Announces Launch of Tech-Based Freight Management Company. Note: GT Nexus and JDA Software are Talking Logistics sponsors.

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Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Experts’ Choice: Supply Chain and Logistics Email Newsletters. This is the experts’ selection – but if we had to choose just one, our go-to read is the fast-rising WSJ Daily Logistics Report.

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Change is inevitable in modern supply chain management, and risk management is essential to success. Risks evolve and become more prevalent with time. Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. Risks exist in land, air and ocean freight. Understanding the top 10 global supply chain risks can work to reduce their impact. Environmental Risks.

Transparency and integrity for your supply chain

Global Trade Management

Ideally, the supply chain manager always knows where and in which condition his merchandise is. Tracing of freight – reduce search times Logistics manager often complain high search time for lost goods. Clarify liability issues Especially with liability issues the source related documentation is crucial. The recipient of a shipment can for example demonstrate when and where in the distribution chain, the cargo has been damaged.

This Week in Logistics News (July 2-6, 2018)

Talking Logistics

In the meantime, here’s the supply chain and logistics news that caught my attention this week: Trump launches opening salvo in US trade war as tariffs kick in. cargoes, disrupting trade (Reuters). However, this deal underscores the growing role and importance of AI and machine learning capabilities in supply chain management. The post This Week in Logistics News (July 2-6, 2018) appeared first on Talking Logistics with Adrian Gonzalez.

European Commission Questions Quality of Customs Data Provided by Logistics Services Providers for ICS

BluJay Solutions

In its recent communication on Customs Risk Management and Security of the Supply Chain (8 January 2013), the European Commission raised concerns around the robustness of the current risk management process for goods entering the EU under the Import Control System (ICS). Next Steps: Subscribe to our blog to receive the full blog series via email and stay informed about the latest global logistics news and insight.

[INFOGRAPHIC] AI Technologies: The Role of Humans & The Application in Logistics

Cerasis

Today our focus has been on KPIs, ERP, WMS, TMS, YMS, EDI, The Cloud, S and OP, 3 D Printing, IoT, IoE, Drones: Same Hour/Day/Time Delivery to Customers, Cyber Security, Theft, Government Regulations, E-Commerce, Omni-Channel, Modeling/Simulation, Risk Management, Tracking, Traceability, Re-shoring, Robotics , et al, but…what about Artificial Intelligence or AI technologies? . Practical Applications: Using AI Technologies to Maximize & Compliment Logistics Resources.

6 Digitization Steps to Overcome Supply Chain Disruptions & Build Resiliency

Turvo

Again, those without a digital capability are effectively putting their drivers at risk, incurring higher costs for the personal protective equipment (PPE) for staff, and risking access to fewer drivers. Few areas of the supply chain are more susceptible than sourcing strategies. In the global economy, manufacturers may source raw materials from affected regions. Identify weaknesses contributing to limited real-time visibility in management.

Information Sharing Communities for Digitally Enabled Supply Chain Visibility – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

Logistic Service Providers (LSP), carriers, intermodal operators (air, sea, ground etc.), port authorities and terminal operators, regulatory bodies, and Beneficial Cargo Owners (BCO) are all working on this topic. UN/CEFACT Transport & Logistics Vice Chair, UN/CEFACT.

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What you should know about ASEAN Last Mile Delivery

Abivin

The logistics industry in ASEAN (Association of Southeast Asian Nations) is thriving in recent years, making it a huge logistics hub for both domestic and foreign investors. The shipment of goods to their final destination, referred to as last mile delivery in the supply chain, accounts for 30% of total logistics cost. What are the challenges facing ASEAN logistics managers? Source The logistics landscape also varies across ASEAN countries.

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24 supply chain experts & business leaders reveal the #1 challenge of supply chain management (and how to solve it)

6 River Systems

The COVID-19 pandemic made it abundantly clear that effective supply chain management is crucial to the success of a business. The pandemic crisis had global ramifications felt throughout the entire supply chain, from raw materials to finished products, and for many companies, building the resiliency needed to weather such storms has become the #1 challenge of supply chain management. The challenge of risk management The market is hyper-dynamic.

Welcome to the Supply Chain where the Risks Never Stop Coming

Enterra Insights

There are undoubtedly moments when risk managers would like to “take a knee” in order to find respite from the risks their supply chains face. According to the staff at Supply & Demand Chain Executive , “A new report from Resilinc reveals that global risks increased throughout 2018, with geopolitical conflicts posing some of the most potentially costly and disruptive supply chain impacts.”[1] ” Those risks are: 1.

Multiple Constraints of Route Planning in ASEAN

Abivin

Will ASEAN’s logistics industry rise to challenges? Source ASEAN is witnessing a growing middle class with increased spending power, which results in a thriving demand for logistics as consumers require better, more varied products and services delivered to their doorstep. The rising growth and integration rate of logistics service providers presents a huge market opportunity in ASEAN’s complex and ever-changing logistics context.

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Professionals in supply chain management use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background. There are two things Boeing and Airbus have in common, utilization of lean manufacturing system and strategic sourcing concept. However, the overall implementation of strategic sourcing is a bit different between the two companies.

Pandemic Highlights Need for Agile Supply Chains

Enterra Insights

Truckers, warehouse workers and cargo handlers, all in a vast network, find themselves one endless day after the next getting food, medicine and, yes, toilet paper to customers. The complex supply logistics of our 21st-century world face a gathering storm even as reliance on those supply chains becomes more critical in the worst public health crisis in generations.”[1]

Supply Chain IoT Unlocks Efficiency and Transparency

TMC

How have IoT logistics applications evolved since then? A key application area I described in my last IoT post was the use of sensors on trucks to track the status of perishable cargos. More detailed information on the status of shipments translates into improved supply chain visibility and risk management. TMC is working with one of our customers to aggregate data from a dozen partners in their supply chain for single source of visibility.

Supply Chain IoT Unlocks Efficiency and Transparency

TMC

How have IoT logistics applications evolved since then? A key application area I described in my last IoT post was the use of sensors on trucks to track the status of perishable cargos. More detailed information on the status of shipments translates into improved supply chain visibility and risk management. TMC is working with one of our customers to aggregate data from a dozen partners in their supply chain for single source of visibility.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. We believe many practices in global supply chain management can be applied in every industry. percentage of second-tier suppliers who follow a certain risk management or IT standard”).

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Some Supply Chain Management Principles are Timeless

Enterra Insights

Supply chain managers need to be fully aware of the economic conditions that drive their business, their suppliers and their customers. … The heart of economics familiar to supply chain managers occurs in the marketplace where buyers and sellers meet and bargain over goods and services. It still takes a long time for cargo ships to transit the vast expanses of ocean. Failures in cold chain logistics can still cause spoilage.

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2012 Supply Chain Predictions: Is the End of the World Nigh?

Supply Chain Network

Supply chain risk will not go away. At the start of 2011, I wrote a blog (Supply Chain Risk and Charles Darwin) that highlighted 2010 as the worst on record for supply chain disruptions. Therefore it is not surprising that focusing on managing and mitigating risk across global supply chains appear on most lists. IDC (Worldwide manufacturing supply chain 2012 top 10 predictions) agrees, saying “Risk Management will mature as a focus area for supply chain segmentation”.

Climate Change and the Supply Chain

Elementum

As climate change risks grow — rising sea levels, change in precipitation patterns, extreme droughts and heat waves, and intensification of hurricane events — global supply chains are vulnerable to major disruptions. In September, Hurricane Irma caused flooding and the closure of several logistics hubs in Florida, while Hurricane Maria brought strong winds that destroyed almost all facilities and knocked out electricity across Puerto Rico.

This Week in Logistics News (August 28 – September 1, 2017)

Talking Logistics

August is usually a quiet month for supply chain and logistics news, but not this year, especially the past couple of weeks. LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. Manhattan Transportation Management Enhancements Enable the Acquisition and Supervision of Additional Shipment Capacity. UK government announces funding for truck platooning trials (Automotive Logistics).