This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Supplychainriskmanagement firm Overhaul also recently helped authorities recover stolen cargo from trains in three separate cases in California and Illinois. Both thefts occurred on different trains … targeting the same product type, battery operated power tools,” Overhaul said. Border agents in the U.S.
Two recently published studies identify the top disruptions that impacted industry, business and global supplychains during 2024 and our expected to be present in 2025. This data was compiled from Resilincs EventWatchAI , a risk monitoring database provided to customers. economy and for industry supplychains.
Supplychainmanagement is a crucial aspect of any business, involving the coordination of production, shipment, and delivery of goods. A well-managedsupplychain ensures that products reach customers efficiently and cost-effectively. Cargo Insurance Cargo insurance specifically covers goods in transit.
The SupplyChain Matters blog provides perspectives relative to despite having a tentative back-to-work wage negotiation, the outstanding issue of port automation provides added concerns for global industry supplychain teams. ports lag behind other global ports in automation focused on increased throughput.
The company applies AI and other analytics to this data to provide supplychainrisk analytics and insights to its clients. In short, what makes them different is that they can quantify and thus prioritize supplychainrisks. Each event is assigned a risk score.
However, the subtitle of the report was navigating maritime chokepoints and the topic of chokepoints and supplychain resilience was among the main focuses of the report. The Suez Canal, for example, is crucial for energy and cargo shipments moving between Asia and Europe. Geopolitical tension has reinforced this perception.
Given the complexity of global manufacturing supplychains, a product’s country of origin isn’t easy to nail down. Current technology, including the use of artificial intelligence, can help. Bowman, SupplyChainBrain Podcast | Mitigating SupplyChainRisk: Is Insurance Up to the Challenge?
states, obvious disruptions to supplychains and supplychainriskmanagement were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. containerized loaded cargo volume and more than 18% of the East Coast container trade.
However, there is probably one industry that most of us would not think of in this list: the cargo theft industry. According to the National Insurance Crime Bureau (NCIB), cargo theft in the United States is a $15 to $35 billion industry. Cargo Theft Tactics Cargo theft comes in many shapes and sizes.
Cargo theft continues to be a problem, especially around the holidays. And I don’t just mean the winter holidays; cargo theft typically spikes during any holiday season where businesses may be closed for an extra day or two. But what exactly is cargo theft? Cargo theft comes in many shapes and sizes.
Supplychain disruptions are continuing to occur for a variety of reasons. One issue that does not get talked about as much, however, is supplychain fraud. One issue that does not get talked about as much, however, is supplychain fraud. What exactly do I mean by supplychain fraud?
Professionals in supplychainmanagement 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. SupplyChain of fashion industry involves a time based competition.
The Ecosystem Today The logistics ecosystem is being transformed by the rise of connected vehicles equipped with IoT sensors and data-driven technologies. Connected vehicles, following standards like the SAE J3016, which defines the six levels of vehicle automation, are becoming a crucial part of logistics operations.
In other news… Elemica Awarded 2nd Patent on SupplyChain Operating Network. Kewill Prepares Customers For Upcoming Automated Commercial Environment (ACE) Deadline. Ryder First in SupplyChain Industry to be Awarded SAFETY Act Certification from U.S. I’m so deflated. 1, 2015.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
And whether you realize it or not, the garment industry supplychain is changing – both for the better and for the worse. This really speaks to the heart of the issue – global supplychain visibility and transparency.
Port and maritime operations are critical to the stability of the global supplychain and the global economy. When terminals cannot move cargo, the costs can escalate quickly. The line between IT and OT level assets is also blurring with the continued introduction of IoT technologies at the operational level. “IT
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supplychain insights and advice. The warehousing and distribution industry is highly reliant on technology for its operations. As such, it is vulnerable to devastating cyberattacks.
In the meantime, here’s the supplychain 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 SupplyChainRisk Alerting.
With a holiday weekend upon us, let’s go straight to the supplychain and logistics news that caught my attention this week: Retailers Seek U.S. GE Acquires Top SupplyChainSoftware Provider ShipXpress to Expand Digital Rail Offerings. Help With Shipping Crisis (WSJ – sub. Hanjin handles about 7.8
As most adults know, constipation involves the difficult passage of necessary items through the tail end of the body’s supplychain. Nearly a week ago, a cargo ship — which if it stood on its end would be taller than either the Empire State Building or Eiffel Tower — ran aground in the canal completely blocking the waterway.
Navigate the top climate change issues set to impact the supplychain in 2024. As temperatures continue to rise, the intersection of climate change and supplychain resilience demands increased attention from businesses worldwide. 2023 was the warmest year on record.
SupplyChain Matters features its latest full edition of This Week in SupplyChain Tech , a compilation of funding, partnership and other noteworthy announcements related to supplychaintechnology deployment and support. Our last full edition of this column was published on April 4 th.
Discover the top geopolitical risks set to affect the global supplychain this year. With the ongoing war between Russia and Ukraine, the Israel-Hamas War, and the crisis in the Red Sea, the shockwaves these conflicts sent throughout their nations and the world have been felt everywhere—especially in the supplychain.
If you’re a supplychain or logistics company interested in sponsoring the team, or if you’re a supplychain or logistics professional with a direct or indirect connection with T1D, or you’re an avid cyclist or someone looking to take on a challenge for a great cause, please contact me for more details on how to join the team.
In the past, articles about blockchain (aka distributed ledger) technology primarily focused on cryptocurrencies, like Bitcoin. Increasingly, however, articles about blockchain technology focus on how it can help improve supplychain operations. Addressing supplychain complexity. ”[1]. ”[3].
Many companies are modernizing their supplychains. But you have to go beyond modernizing your supplychain. You have to future-proof it through supplychaintechnologies. Many new logistics technologies exist to help future-proof supplychains. Technology is important.
Are you attending the Council of SupplyChainManagement Professionals (CSCMP) Annual Conference later this month (September 25-28 in Orlando, FL)? If so, I invite you to attend two of the sessions that I am participating in, both related to transportation management: TMS 4 SMB: A Case Study with Carhartt. Room: Sun 3-4.
Many companies are modernizing their supplychains. But you have to go beyond modernizing your supplychain. You have to future-proof it through supplychaintechnologies. Many new logistics technologies exist to help future-proof supplychains. Technology is important.
Although the cargo on the Ever Given is still at a standstill, other ships have been able to freely move through the canal over the past few weeks. Even still, the effects of the Suez Canal block will continue to ripple far beyond the cargo that remains stuck on the Ever Given. The entire supplychain can be impacted by one accident.
There are undoubtedly moments when riskmanagers would like to “take a knee” in order to find respite from the risks their supplychains face. The report points to potential vulnerabilities in a significant percentage of global supplychains. 3] Those risks are: 1.
It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. In this context, the natural question out there is; with this somewhat optimistic landscape or outlook, what are the risks a shipper should be cognisant off given that the ocean is seemingly getting calmer.
In this October 10, 2023 2023 edition of SupplyChain Matters This Week in SupplyChainTechnology we provide our capsule highlights of investments announced by supplychainmanagement focused tech providers. The technology start-up secured $30 million in Series A funding in 2022.
The SupplyChain Matters blog features our May 12, 2023 edition of This Week in SupplyChainManagement Tech , a synopsis capsule of noteworthy supplychainmanagement focused technology news. in Lithium Supply Tie-Up U.S. to Combine with Allkem Ltd. to Combine with Allkem Ltd.
August is usually a quiet month for supplychain and logistics news, but not this year, especially the past couple of weeks. LevaData to Transform Strategic Sourcing for Global Procurement and SupplyChain Leaders. Strong Software Bookings Growth Highlights First Half 2017 Results for JDA.
Covered topics included the supplychain tumult of 2021, trends affecting key commodities like aluminum, silicon, and cobalt, and the evolving risk landscape for reshoring, cybersecurity, ESG issues, and more. As in past years, EventWatch AI data shows clearly that most supplychain disruptions were human-caused events.
Since the onset of the COVID-19 pandemic, businesses in the Middle East fared well in facing supplychainrisks compared to those from other regions, despite reportedly facing a high number of logistics shocks as seen in Africa. They have started earmarking their investments for food supplychain networks since the pandemic.
The Ferrari Consulting and Research Group through its affiliate the SupplyChain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supplychains research advisory. Ongoing Technology-Driven Industry Disruption. Background.
Did you know that global supplychains are in disarray, with a whopping $15 trillion at stake and escalating disruptions? It's time for a transformative approach to supplychainriskmanagement-based financing. It's time for a transformative approach to supplychainriskmanagement-based financing.
SupplyChain Matters provides highlights for the recently released Allianz Safety and Shipping Review 2024 Report. With as much as 90 percent of international trade being transported across ocean waterways, there are important findings for multi-industry supplychain and logistics management teams included in this report.
This week, the Council of SupplyChainManagement Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. percent of U.S. Noted was that U.S.
Well, as I learned at the recent Dangerous Goods Symposium organized by Labelmaster , dangerous goods compliance is a complex and dynamic process, and many companies lack the knowledge, training, and tools to do it right. (In As I wrote more than three years ago in A New Era for Global Trade ManagementSoftware? :
The SupplyChain Matters blog features our May 31, 2023 edition of This Week in SupplyChainManagement Tech , a synopsis capsule of noteworthy supplychainmanagement focused technology news. The company’s proprietary risk model analyzes 1.5
The release of Coronavirus vaccines has shone a spotlight on the importance of cold supplychains; however, I want to discuss what happens to supplychains when the weather turns cold. Supplychainmanagers, however, must think about much more than clearing away snow and poor road conditions.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content