Remove Examples Remove Hungary Remove Logistics Remove Shipping
article thumbnail

Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. and Europe have surged 300%, Mark Yeager, chief executive officer of Redwood Logistics, told CNBC.

article thumbnail

Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

Written by logistics leaders who are practitioners in their respective companies, it aims to stimulate thinking on how shippers or BCO’s could view business continuity and risk in the current environment. We can observe this quite clearly in the growth experienced in countries like Vietnam, India as well as Hungary and Mexico.

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Steps to Address the Rising Geopolitical Risks to Your Supply Chain

Logistics Viewpoints

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Some may have believed themselves to be immune at one point, but now their perspective is shifting.

article thumbnail

One belt, one road, and one very blurry supply chain benefit

DELMIA Quintiq

There was just not enough products being shipped back and forth. Would a multi-user logistics center qualify? Inevitably, capital improvements to the existing facilities will help, but they will not change the game for logistics planning. Even ancient caravans could not operate fully one way and empty the other.

Sri Lanka 120
article thumbnail

ERP Sustains Manufacturing during COVID-19

IQMS

A good example is Mar-Bal Inc., Headquartered in Zeeland, Michigan, it has multiple local plants, as well as facilities in China, Hungary, and Mexico. Real-time production monitoring is usually held out as an example of the ultimate in manufacturing control. a leading manufacturer headquartered near Cleveland, OH.