Remove Cargo Remove Procurement Remove Sourcing Remove Supply Chain Disruption
article thumbnail

Just-in-Time vs. Just-in-Case Procurement During Supply Chain Disruption

Ware2Go

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . What is just-in-time procurement? What is just-in-case procurement? What Are the Pros and Cons of JIC Procurement?

article thumbnail

The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Just-in-Time vs Just-in-Case Procurement During Supply Chain Disruption

Ware2Go

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. What is just-in-time procurement? What is just-in-case procurement? Disadvantages. Advantages.

article thumbnail

Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption

Gravity Supply Chain

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.

article thumbnail

Supply chain shockwaves from the Taiwan earthquake

Resilinc

These affected berths were crucial for handling tasks such as sand, bulk cargo discharge, and cruise operations. Having the tools, data, and resources to act quickly in events like the Taiwan earthquake are key to building ‘anti-fragile’ supply chains. Multiple wharfs at the port suffered bulging.

Taiwan 96
article thumbnail

Molex Prizes Agility

Logistics Viewpoints

While not completely protecting them from the supply shocks that occurred during the pandemic, it allowed them to respond to their customers with greater speed and agility, manage costs, and provide options when a supply chain disruption occurred. That increases the value of the analytics used by the procurement team.

article thumbnail

The Coronavirus Is Shattering Traditional Supply Chains

ivalua

A March 11 analysis by trading platform Forex.com claimed that nearly 75% of all companies had already reported supply-chain disruptions, with more than 80% believing that at some point they would experience impacts as a result of COVID-19 disruptions.